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333 S. Des PlainesClick Here To Get Up To Date Pricing & AvailabilityA convenient location and many new luxury loft and condo developments have led many Chicago residents to choose the West Loop as their new home. The area offers a convenient location within walking distance of downtown. One excellent development currently on the market in the West Loop is the luxurious lofts at 333 South Des Plaines Street. This historic 75-year-old building has been converted into 40 huge lofts, ranging in size from 2,000 square feet to as much as 4,000 square feet. Prices for these lofts range from $250,000 to $600,000. One unit currently listed on the market is a one bedroom and one bath loft. The unit is priced at $274,999, making it an affordable choice for young professionals looking to live within walking distance of the best that Chicago has to offer. Residents of 333 S. Des Plaines enjoy a number of excellent amenities. Kitchens come stocked with a stainless steel appliance package, hardwood floors, and granite countertops. Bathrooms offer marble finishes and top-of-the-line fixtures. Residents also enjoy a fireplace, huge balconies, and designer lighting. The building offers a number of great extra amenities. A modern fitness center allows residents to stay in shape in the comfort of home. A common deck is the perfect place to enjoy the incredible skyline views of downtown Chicago and entertain friends. Extra storage and deeded parking are also available. The location of the lofts at 333 South Des Plaines is the main draw for new residents. The building is just three blocks from Union Station and within walking distance of the downtown Chicago business district. Commuters no longer have to worry about making the daily journey to downtown, and easy expressway access allows residents to get to any part of Chicago in minutes. Residents can take advantage of the unbelievable number of restaurants, bars, clubs, and shopping located within just a few blocks of home. Greektown is just a block away, allowing you to enjoy the best Greek food outside of Athens as well as numerous festivals held throughout the year. The University of Illinois at Chicago is also conveniently located four blocks from these luxury lofts, making them a perfect choice for faculty and students. If you’re on the market for a new condominium on the Near West Side, keep up with the latest news for the real estate market. According to the Chicago Association of Realtors, sales of condos and lofts on the Near West Side have hit levels not seen since 2002. A total of 383 condominiums were sold during the third quarter, a 31 percent drop from the same period last year. The inventory of unsold condominiums and lofts is also increasing as a result of the drop in sales. Condo owners and developers are facing a turnover time of 149 days, one of the longest turnover times ever seen for the Near West Side. As condo owners wait longer to find a buyer, this could cause many to drop their asking price, bringing prices in the neighborhood down. However, this hasn’t happened yet. The average sales price during the third quarter was up another 11 percent during the third quarter, and now stands at $369,274. Prices could start to come down if demand doesn’t pick up for condos and lofts on the Near West Side. Keep alert for great deals on luxurious units in this popular Chicago neighborhood. I'M INTERESTEDTo:
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