Broadway Village Lofts

Buyers looking for a mix of urban and suburban living can find exactly what they're looking for in Edgewater. This pleasant neighborhood on the north side of Chicago offers both luxury condominium developments and single family homes.

These Chicago lofts are one of the newest developments to come to the area is Broadway Village Lofts. This project led by Jameson Realty Group offers a total of 24 one-bedroom condominiums packed with luxurious amenities. Prices for these units range from $229,900 to $252,900. One unit currently on the market is listed at $241,900.

Residents of Broadway Village Lofts enjoy a number of amenities. Kitchens come with granite countertops, a Frigidaire stainless steel appliance package, and 42-inch cabinets. Bathrooms come with a five-foot tub, stone vanity tops, and ceramic tiling and surround.

Each unit also enjoys huge windows that let in plenty of natural light throughout the day. Hardwood floors throughout the main living area, wall-to-wall carpeting, and washer and dryer hookups also come standard with each unit at Broadway Village Lofts.

The development offers a gated parking area with remote control entry, a secure intercom system, and private balconies with each unit. Deeded parking can be purchased for an extra $21,000.

The neighborhood has plenty to offer both families and young professionals. Edgewater Beach is located just a couple blocks east, and is one of the most popular beaches in the city. There is also ample parkland with walking trails and bike paths where residents can stay in shape and enjoy the incredible views of downtown Chicago.

The area around Hollywood Ave, Broadway, Bryn Mawr and Sheridan is home to many shops, restaurants, essential services, and some nightlife.

Residents who work downtown will love the easy connections to the downtown Chicago business district. The El has two stations within two blocks of Broadway Village Lofts. There is also an express bus that serves the area along Sheridan Road. The trip downtown takes less than 10 minutes.

Loyola University also has its campus just a few blocks north of the development, making Broadway Village Lofts an excellent choice for students and faculty who want to live close to the school.

If you're in the market for a new condominium in Edgewater, stay on top of the latest news and statistics coming out of the market. According to the Chicago Association of Realtors, a total of 902 condominiums were sold in Edgewater in 2007.

While this is the lowest total sales seen in the neighborhood since 2001, it is still relatively strong when compared to other neighborhoods around the city. Sales were down just 8 percent from 2006.

However, the market is seeing an increase in the number of unsold condos and lofts. The average turnover time for condos sold in 2007 was 122 days, up from 111 days in 2006. This has put some pressure on prices in Edgewater.

The average sales price was up by just 1 percent in 2007, one of the poorest showings in the last decade. Buyers could start to see great deals on real estate in Edgewater. The neighborhood offers an incredible lifestyle and should be on every buyer's list of places to see in Chicago.

Name:
Email:
Phone:
Address:
City:
State:
Zip Code:
Comments:
Please type this code: