Price Reductions on Fletcher Row Townhomes
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February 21, 2009 – If you’re in the market for a new townhome, then you may want to check out the units in the first phase of Fletcher Row in Roscoe Village. This Chicago real estate project is the work of Bluestone Development, and at last count there were still eight townhomes left for sale.
Bluestone has been marketing phase one of these townhomes for about two and a half years. Prices on the three and four bedroom homes did range in the $600,000 to mid $800,000 range, but have since seen some significant price reductions. The 2,179 to 3,044 square foot homes are now listed from the high $400,000s to mid $700,000s. There had been an offer on the table of developer financing for 4.99% and just a 10% down payment, but given the current market conditions, you may still be able to score a deal.
Some of the features of these townhomes include 9′ ceiling height on the ground floor and 10′ ceilings on the top two floors, oak staircases, some plans with skylights, ventless gas fireplace, kitchen island and tech center, custom made cherry cabinets, 3.5 baths with Tot and Hans Grohe fixtures, laundry room, Pella windows, brick and copper exterior and large professionally landscaped yard.
The second phase of Fletcher Row calls for another 10 townhomes, but until the first phase nets more sales it’s doubtful new construction will start. There are also lots of other Townhouses in Chicago and you can get more information on those by visiting our development profile pages.
[tags]Fletcher Row, Townhomes In Chicago, Chicago Real Estate[/tags]





