Prairie Central

Buyers looking for suburban Chicago luxury condominiums in Evanston have many choices ranging from luxury high-rises close to downtown to more intimate buildings on tree-lined streets.

One of the newest developments coming on the real estate market in Evanston is perfect for those who are looking for a mix of an urban lifestyle in a suburban setting.

Prairie Central is currently under construction at the corner of Prairie and Central. The development is headed by Evanston Prairie I LLC, a Chicago-based development firm. The principals of the firm have several years experience in commercial and residential projects around the greater Chicago area.

Prairie Central will offer a total of 13 condominiums. Buyers can choose from eight two-bedroom condominiums, and five three-bedroom units.

Prices are just over $300 per square foot for units at Prairie Central.

Amenities in the development include stainless steel GE appliances, granite countertops, and a choice of maple or oak cabinets in the gourmet kitchens.

The master bath offers a separate shower and tub and Kohler fixtures.

Indoor heated parking comes with each condominium, and residents have the option to purchase additional spaces as needed.

Each unit comes with a private terrace or balcony, offering residents a place to enjoy a warm summer evening outside.

The neighborhood offers many excellent amenities that will make living at Prairie Central convenient. Downtown Evanston and downtown Chicago are both just a few minutes away via bus and METRA connections. The Central Ave METRA station is just two blocks from the development.

Prairie Central is located in the middle of the Central Street shopping district, home to many boutiques and brand-name stores.

Residents can head down Central Street to the Lake Michigan shoreline. The Lighthouse Park District Beach is an excellent place to enjoy a warm summer day.

Residents can also check out what’s going on at the Evanston Art Center, or take in the views from the Grosse Point lighthouse.

If you’re thinking of buying a condominium in Evanston, you should stay up to date on the most recent statistics for the real estate market in the city.

The average sales price for condominiums in Evanston was at $325,377 during the third quarter, according to the most recent report from the Chicago Association of Realtors. This is a 7 percent increase from the same period last year.

However, prices could start to come down in the next few months if the market continues to see lower demand for condos in the area.

According to the C.A.R. report, the number of condos sold during the third quarter dropped by 17 percent from the same period last year. A total of 224 condos were sold during the third quarter, the lowest for the period since 2000.

Condo owners are also waiting longer to find a buyer. If you currently have your condo for sale in Evanston, it’s going to take you a little longer than you may have thought to find a buyer.

The turnover time for the neighborhood now stands at 129 days, a 37 percent increase over last year.

If these market conditions continue, then buyers should start to see lower prices in the next few months for a condo in Evanston.

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