August 18, 2008 - Two more Chicago real estate developments are advertising discounted prices now, one with no time limit and the other good until the end of next month. Helios Realty and Development has reduced the price on the units at the planned 2800 Lincoln. The $30,000 condo price reduction is probably a trade-off for changing the free parking to $35,000 deeded spaces.

While this building certainly can’t be called large by any means with its 9 Chicago condo units, it can be called unique in its elongated, almost elliptical design. Ground hasn’t broken yet, but the developer is optimistic that construction can hopefully start later next month with deliveries by the middle of next year. 2800 Lincoln expects to qualify for Gold LEED certification. There are still 6 condos available, from two bed and bath to three bed and bath, with prices ranging from the upper $400,000s to the high $700,000s.

The other development that is offering reduced prices is Marquette Village. RDM Development, the company behind such projects as Trio and 1400 Lake Shore Drive, is marking down their single family homes by as much as $10,000 to $40,000 depending on the plan. There are a total of 139 homes at Marquette Village. These homes have three bedrooms and two and a half baths, private space in back plus a two car garage. The reduced prices start at about $250,000 and go up to the $310,000s. You can take advantage of these prices until September 30th.

Buyers should be on the lookout for more reductions on Chicago Condos as developers try to clear out inventory before the end of the year.

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This entry was posted on Monday, August 18th, 2008 at 1:19 pm and is filed under Luxury Condos(t) . You can leave a response.