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Main Street StationClick Here To Get Up To Date Pricing & Availability
Evanston is a popular choice for many developers. The vibrant city enjoys a beautiful location on Lake Michigan. Downtown Chicago is just a short commute, making the neighborhood popular for young professionals and families looking for their first condo. Main Street Station is one of the newest suburban Chicago luxury condo developments underway in downtown Evanston. The developer, Bernard Katz and Associates, has been in business in the Chicago area for over 50 years. Main Street Station will offer 70 condos with several different floor plans. Residents can choose from one bedroom, one bedroom plus den, two bedroom, and two bedroom plus den floor plans. One bedroom condominiums are selling at preconstruction prices of $299,000 to $375,000. These units offer a total of 953 square feet to as much as 1,095 square feet of living space. The largest units are the 1,602 square foot two-bedroom condominiums. Prices for these units start at $475,000 and go up to $540,000. Amenities at Main Street Station include hardwood floors throughout the main areas of the unit, brand name appliances, and granite countertops. Residents will be able to enjoy the modern fitness center and community room. One parking space will be included with each unit. Additional spaces can be bought for $25,000. One of the main draws for the Main Street Station is its convenient location just across the street from both Metra trains and the purple line of the El. Commuters will love the easy access to downtown Chicago and other parts of the city. Residents will be able to enjoy the small town atmosphere of Evanston while being just minutes from the heart of the city. The development is close to many of the best restaurants and nightlife in Evanston. Lake Michigan is just a few blocks away. Enjoy an early morning walk or take a bike ride at Clark Square Park. There are several popular beaches for sunbathing during the summer up and down the shore. Buyers looking for a new condominium in Evanston should keep up to date on the most recent market data for the area. The area is seeing some difficulty in the real estate market. Like many other neighborhoods around the greater Chicagoland region, Evanston is experiencing a drop in demand and increase in supply. According to the most recent report from the Chicago Association of Realtors, a total of 208 condominiums were sold during the second quarter of 2007. This represents a 13 percent decline from the same period last year. The area is also seeing longer turnover rates for condos on the market. If you are selling a condo in Evanston, it will now take you an average of 148 days to find a buyer, up from 116 days last year. Prices are just starting to react to the current market conditions. The average sales price for a condo in Evanston dropped for the first time since 1994. Condos currently sell for $301,218, two percent less than last year. If the current trends of low demand and higher supply continue, then condo prices should continue to drop around the neighborhood. I'M INTERESTEDTo:
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