March 22, 2008 - Smithfield Properties may have passed on the Bucktown Chicago real estate development that MCM is working on, but they are keeping busy with deliveries on MoMo and SoNo. Modern Momentum, or the Joffrey Tower as it is being renamed, has been closing contracts for a while now and is up to floor 22 with occupancies. According to recent sales figures released has only about four condos left for sale.

According to a recent write up in Yo Chicago, the units that are still up for sale include one two bedroom condo and three one bedroom units, all located on high number floors of the 33 story building. The two bedroom is listing at just under $500,000 and the buyer can have immediate occupancy. The other three one bedroom condos range in the mid $300,000s and won’t be ready for move-in for another couple of months.

As for SoNo, first deliveries are scheduled for the later part of this year. The tower will reach 28 stories when construction is complete, and is at the halfway mark already. The most recent sales figures released for this development put it at around 65 percent on contract. The building will contain a total of 200 condos. There will be a selection of one, two and three bedroom units available at SoNo, with prices ranging anywhere from $270,000 on up to $570,000. Parking isn’t included however, and runs $30,000 per spot.
These two projects have sold pretty well compared to a few other Chicago Condos that are still marketing units.

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This entry was posted on Sunday, March 23rd, 2008 at 7:57 pm and is filed under Luxury Condos(t) , News(t) . You can leave a response.