2724 W Byron

North Center is one Chicago neighborhood that is bucking the trend of lower sales of Chicago condos and lofts. The area offers a great variety of new and re-sale condominiums at prices that are perfect for first time buyers and families.

One development that is brand new to the area is located at 2724 W Byron Street. This unique development of luxury townhomes has been cut out of the heart of California Park, right on the banks of the Chicago River, and offers a total of 56 units.

While there are no new listings currently on the market at 2724 W Byron, buyers can get an idea of pricing for these townhomes from listings that have been on the MLS over the past few months. Prices for two-bedroom and 2.5-bath townhomes range from $460,000 to $489,000. These units offer a total of 1,900 square feet of living space, including a 1.5-car garage and two stories of living space.

Renters can also occasionally find some units available at 2724 W Byron. Three units have been rented in the past few months for between $2,100 and $2,800 per month.

Residents of these luxury townhomes enjoy a long list of luxury amenities. The gourmet kitchen comes standard with granite countertops, an island layout, and stainless steel appliances. There is also an additional deck that comes off of the kitchen. Each unit also offers hardwood floors throughout the main living areas and plush carpeting in the bedrooms. Other features include a fireplace, ample closet space, and a rooftop deck with incredible views of the city and green space. The garage has enough space to park one car inside, and one car can be parked outside.

This development is located right in the heart of some of the largest parks in North Center, making it easy to enjoy an active outdoor lifestyle throughout the year. California Park and Homer Park are both right at your front door. Revere Park is just down the street, giving you plenty of choices to enjoy a warm day with the family or go for a jog along the river.

There are also plenty of restaurants within just a few blocks on Irving Park Road. Whether you want some Chinese food, tacos, or just some fast food, there is something for you within two or three blocks from home. The neighborhood isn't known for its nightlife, with just one bar on Irving Park road.

Public transportation is another issue in this part of North Center. The nearest El train station is on the Brown line several blocks to the east on Irving Park Road. The Kennedy Expressway is just a short drive from home, making it easy to get anywhere in the Chicagoland region quickly.

The real estate market in North Center has been one of the strongest of any Chicago neighborhood in recent months. The neighborhood enjoyed the second highest total sales in the last 18 years in 2007. According to data from the Chicago Association of Realtors, a total of 495 units were sold in the neighborhood during the year, up from 445 condominiums sold during 2006.

Buyers continue to see prices inching up around North Center. The average sales price for condos sold in 2007 was 2 percent higher than during the previous year. With a relatively stable inventory of new units on the market, prices could continue to show signs of strength in the short term.

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