Search the Chicago property listings Metro PlaceFind Current AvailabilityMetro Place is one of the largest developments currently underway west of the University of Illinois at Chicago. The development is located at the western edge of the Near West Side, in one of the most popular neighborhoods in the city for Chicago homes for sale . Metro Place is a development by MCL Companies, a large Chicago-based developer that is responsible for several major developments in the most exclusive neighborhoods in the city. Buyers can choose from several different options at Metro Place, including condominiums, townhomes, and single-family homes. This incredible new development is truly a neighborhood within a neighborhood. Two-bedroom condominiums are available at Metro Place. Other available floor plans include two and three-bedroom townhomes, and four-bedroom single family homes. Prices for the condominiums start at 277,500. Townhomes are priced from 389,900, and single-family homes start at 629,500. Residents of Metro Place will enjoy a number of luxury amenities standard in each unit. Kitchens come with designer 42-inch wood cabinets, an appliance package, and granite countertops. Baths offer marble vanity tops, Moen faucets, and ceramic tile floors. Main living areas in all units come with hardwood floors, and bedrooms have plush carpeting. All units also offer a gas fireplace with ceramic tile surround. Many of the residences at Metro Place include a private wood deck. Residents also enjoy plenty of extra closet space, 9-foot ceilings, pre-wiring for cable television, and a deluxe lighting system. Residents of the townhomes and single-family homes enjoy an attached one or two-car garage, while condo owners are offered spaces in the private outdoor parking lot. Townhomes come with a private rooftop deck in many of the units. Metro Place is located just west of the University of Illinois at Chicago and the Illinois Medical District. The development is steps from several restaurants, cafes, shops, and nightlife located along Western Ave and Ashland. Roosevelt Road is another commercial district in the immediate neighborhood. Public transportation can be found throughout the area. The CTA Blue line and several buses serve the area. Commuters can get to downtown in just a few minutes. Other popular attractions in the neighborhood include Little Italy, Greek Town, and Douglas Park, all located within a short distance from home. The United Center, home of the Chicago Bulls and Blackhawks, is just a few blocks north along Ogden Ave. The Near West Side continues to see a lot of new developments. However, sales in the area have slowed as a result of difficulties in the credit market. According to the Chicago Association of Realtors, a total of 229 units were sold in the neighborhood during the fourth quarter, down from 384 units sold during the same period in 2006. It is the lowest total sales of condos and lofts during the fourth quarter in the neighborhood since 2000. However, despite the drop in sales, the average turnover time for units on the market in the Near West Side dropped during the fourth quarter. It now takes an average of 116 days to find a buyer, down from 145 days a year ago. The drop in the inventory of condos and lofts on the market helped keep prices strong in the neighborhood. The average sales price increased by 2 percent during the fourth quarter. I'M INTERESTEDTo:
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