2300 N Commonwealth

Lincoln Park offers some of the most exciting new Chicago condominiums. Buyers find an excellent mix of modern luxury and a charming neighborhood in this conveniently located area.

One development that has turned some heads in the area is located at 2300 Commonwealth. The development by the Belgravia Group was sold out just a few months ago. However, buyers can now find some great deals on four units in the building.

The most affordable unit is a one-bedroom and one-bath condominium that offers a total of 800 square feet of living space. This unit has been on the market for 3 months, and is being sold without a parking space. This condominium is priced at just $239,000, a great price for a prime location in Lincoln Park.

Other one-bedroom condominiums at 2300 N Commonwealth start at $294,000. However, these units all offer a parking space in the purchase price, a $35,000 value. The most expensive unit on the market is a one-bedroom and one-bath condominium that offers a bit more living space with a total of 837 square feet. This unit is priced at $324,900, and has low monthly assessments of just $267.

Residents of 2300 N Commonwealth enjoy a number of luxury amenities, including a gourmet kitchen that comes with 42-inch maple cabinets, granite countertops, an eat-in breakfast bar, and a GE stainless steel appliance package. The luxurious master bath comes with maple cabinets, marble floors and walls, and Kohler fixtures.

Residents also enjoy hardwood floors throughout the main living areas, wall-to-wall carpeting in the bedrooms, plenty of extra closet space, a washer and dryer included in the purchase price.

The building offers plenty of modern amenities as well. Residents can get to know each other on the rooftop deck while taking in the incredible views of downtown Chicago. Residents also enjoy a fitness center, business center, bike storage, and plenty of extra storage space. Parking is available in the underground heated garage.

This building is located in one of the most pleasant neighborhoods in Chicago. Residents are steps from the North Pond and many walking trails and bike paths in Lincoln Park. Residents also enjoy easy access to Diversey Harbor and the Peggy Notebaert Nature Museum.

Commuters can use the express bus to get to downtown Chicago in minutes, or take one of many other buses that serve Lincoln Park to get to nearby neighborhoods. Restaurants, shopping, and nightlife are all located within a short distance from home at 2300 N Commonwealth.

Lincoln Park has always been one of the strongest real estate markets in all of Chicago. However, the neighborhood saw a dramatic drop in sales during the first quarter. According to data from the Chicago Association of Realtors, a total of just 150 condominiums were sold in the neighborhood during the first quarter, down from 265 units sold during the same period in 2007. It was the worst result for the first quarter in more than 17 years in Lincoln Park.

However, prices continued to rise as buyers focused on the high end of the market. The average sales price rose by 10 percent from the same period last year. Prices could continue to rise as this neighborhood enjoys an excellent location and plenty of luxurious condominiums.

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