Search the Chicago property listings The Crane BuildingClick Here To Get Detailed InformationThe South Loop has seen a lot of new development in recent years as young professionals flock to the area to take advantage of affordable condominiums and lofts located within minutes of the downtown Chicago business district. The area offers a number of options for buyers looking for a quality new home. This luxury Chicago condominium development is one of the most unique developments in the area is The Crane Building, located at 888 South Michigan across from Grant Park. This Chicago landmark was built in 1913 and was renovated into luxury condominiums in 2002. Kargil Development, a Chicago-based developer, is the company behind this luxury condominium development. A total of 36 units are available at The Crane Building. Prices for these units start at $224,888 and range up to $2.5 million. One unit currently on the market at The Crane Building is a two-bedroom and two-bath condominium. This unit offers a total of 1,727 square feet of living space, and is priced at $550,000. Residents of The Crane Building enjoy a number of incredible amenities, including gourmet kitchens with an appliance package, granite countertops, and custom cabinets. Each unit also offers hardwood floors, recessed lighting, and huge oversized windows. Many units have open views of Lake Michigan and the downtown Chicago skyline. The building offers a number of common amenities, including a 24-hour doorman, valet parking, and indoor garage parking. Parking spaces cost $25,000. The building also has a huge rooftop deck that features a barbecue and views of downtown Chicago and the lake. The location of The Crane Building can't be beat. The downtown Chicago business district is within walking distance, allowing commuters to enjoy a relaxing walk to work instead of traveling on crowded public transportation. There are also several El train stations and CTA buses that connect the neighborhood with the rest of the city. The development is also steps from the best museums in the city, including the Field Museum of Natural History and the John G. Shedd Aquarium. Grant Park is the perfect place to get out and enjoy a warm day or go for a jog. The neighborhood is home to excellent restaurants, shopping, nightlife, and cultural events. If you're in the market for a new condo in the Loop, keep up with the latest news coming out of the real estate market to make the best decision for you and your family. According to data from the Chicago Association of Realtors, a total of 278 condos were sold during the fourth quarter. This is a decline of more than 50 percent from the same period in 2006, but it is still the second highest total for the quarter in more than 16 years. Prices for condos soared during the fourth quarter as several new ultra luxurious developments came to the market. The average sales price for units sold during the quarter stood at $686,039. The condos at The Crane Building offer an affordable opportunity in the Loop for buyers looking to enjoy the urban lifestyle that can only be found in the heart of Chicago. I'M INTERESTEDTo:
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