Rowhomes on Stave

Buyers on the market for a luxury townhome in the heart of Logan Square won't want to miss out on the Rowhomes on Stave. This new construction development is located at 2060 N Stave, and offers a total of 18 homes with a unique design. All units come with four bedrooms and three baths.

Prices for the Romhomes on Stave range from $590,000 to as much as $620,000. The ownership is fee simple, and residents enjoy the protection of a home owners' association in the development. Assessments for each unit are low, currently priced at $100 per month.

The list of amenities in these rowhomes is a long one. The gourmet kitchen comes with the finest appliances by Viking, custom cabinets, a separate dining area, and granite countertops. Each home also features a number of wet bars with wine coolers. Residents enjoy a steam shower with body sprays in the master bathroom, which also comes with a separate Whirlpool soaking tub. Other features include an open 23-foot width for some floor plans, while many units feature huge floor-to-ceiling windows that let in plenty of light throughout the day. Hardwood floors come standard throughout almost all bedrooms and the main living area. Other features include surround sound, an I-Pod docking station, and a private rooftop deck with city views. Residents also enjoy a two-car attached garage.

The neighborhood offers a great lifestyle with plenty of restaurants within a short walking distance. Milwaukee Ave is the main commercial thoroughfare in the area, home to Lucky Vito's Pizzeria and El Cid Tacos. Armitage is also home to a couple of restaurants, including Calvin's Barbecue. Nightlife is also centered along Milwaukee Ave. Popular spots include Tini Martini, Krakow Lounge and Club Pm.

Commuters will love the convenient connections to both the downtown Chicago business district and O'hare Airport. The nearest El station serves both destinations, and is ocated just a couple of short blocks away at California and Milwaukee. Buses also run along most avenues, making short trips in the neighborhood quick and convenient. The Kennedy Expressway passes just a few blocks from the area.

Logan Square has seen a sharp drop in sales of multi-family units in recent months. According to data from the Chicago Association of Realtors, a total of just 149 condos, townhomes, and lofts were sold in the area during the second quarter. Last year, 240 units were sold during the second quarter. This is leading to a buildup in the number of unsold units sitting on the market. Condo owners and developers must now wait an average of 166 days to find a buyer in Logan Square. Two years ago the wait was under 100 days. This could lead to better deals for buyers in the short term.

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