Chicago MLS Search Alexandria on BelmontGet up to date pricingIf you're in the market for an affordable new condominium in the heart of Lakeview, there are currently several new developments on the market in the area. This part of Chicago continues to attract young professionals, families, and students, and offers an amazing lifestyle minutes from downtown Chicago. One of the newest condos in Chicago area that just began the first deliveries of units is the Alexandria on Belmont, located at 1425 W. Belmont Ave. This four-story project offers a total of 15 condominiums with 1,650 square-foot floor plans. The developer of this building is Dragan Labovic. All of the condominiums at Alexandria on Belmont have two bedrooms and two baths. Prices for these units start from 459,000 and range up to 519,000. One two-bedroom unit still available is priced at 459,000, and has assessments of 125 per month. Amenities in these units include Viking appliances, granite countertops, and custom cabinets in the kitchen. Master bathrooms come with marble vanities and a separate shower and bath. Each unit offers hardwood floors throughout all of the unit. Each unit features a large private balcony, and the penthouse unit offers a huge 500 square-foot private rooftop terrace. Parking is also available for an extra 30,000 in the indoor heated garage. Pets are allowed at Alexandria on Belmont. Residents of this luxury development are steps from great restaurants, stores, and nightlife along major avenues throughout the area. Lakeview has seen a large increase in the number of new retail that caters to young people living in the neighborhood. The development is also a few blocks from Wrigley Field. Residents can catch a Cubs game and celebrate a victory with people from around Chicago in one of the many bars and restaurants around the stadium. Public transportation serves many parts of the neighborhood. El trains can be found on Paulina Street and just a few blocks east along Belmont Ave. CTA buses run along main avenues in the area to downtown and other neighborhoods. If you're looking for a new condominium in Lakeview, keep up to date with the latest statistics and developments coming out of the real estate market in the neighborhood. According to data from the Chicago Association of Realtors, a total of 391 condos and lofts were sold in the area during the fourth quarter. While this is just a three percent drop in sales from the same period in 2006, it is the lowest total sales for the quarter since 2001. However, the market saw some stability due to the drop in the number of unsold condos and lofts in the area. The average turnover time for condos sold during the fourth quarter dropped slightly to 95 days, down from 99 days a year ago. This helped keep prices in positive territory during the fourth quarter. The average sales price of condos sold during the quarter posted a 5 percent increase from the same period in 2006, and could continue to rise if the inventory of condos on the market remains steady. I'M INTERESTEDTo:
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