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Rockwell Plaza

Find Info on Rockwell Plaza

Avondale continues to attract a number of new condo developments as buyers look for more affordable options around Chicago. The neighborhood is a pleasant option for families and young professionals who want a suburban feel close to downtown Chicago.

One of the newest developments underway in the neighborhood is Rockwell Plaza, located at 2964 N. Elston Ave. This project is led by Trinidad Development Inc, a local developer with years of experience in many neighborhoods around Chicago.

Buyers can choose from several floor plans of two and three-bedroom condos at Rockwell Plaza. Condominiums range from 950 square feet for a two-bedroom unit to 1,300 square feet for the largest three-bedroom unit. Prices start at $299,900 and range up to $360,900.

Amenities at Rockwell Plaza include granite countertops, stainless steel appliances, and designer 42-inch cabinets in the bathrooms. Each unit also includes hardwood floors throughout the main living areas, ceramic tiles in the kitchen and bathroom, and carpeted bedrooms.

Residents also enjoy a gas fireplace, private balconies, and marble vanity tops. Buyers can also choose from several upgrades, including stone countertops, upgraded lighting, and hardwood floors throughout the unit. An optional parking space and washer and dryer can also be purchased.

Rockwell Plaza is located just north of Bucktown along the Chicago River. The neighborhood offers excellent connections to downtown and the rest of the city via the Kennedy Expressway. Metra and El trains also serve Avondale, allowing commuters to leave their car and enjoy the convenience of public transportation.

The neighborhood offers several shopping, dining, and entertainment options. Nearby Bucktown is fast becoming a popular area for students and young professionals who enjoy the many new restaurants, bars and clubs, as well as the many shops along Damen and North Avenues.

The area along Pulaski is home to several Polish bakeries and restaurants, and is a popular place to enjoy the cuisine from the large Polish community in the area.

If you're looking for a new condo or loft in Avondale, keep up to date with the latest news and stats coming out of the neighborhood.

According to the Chicago Association of Realtors, the neighborhood has continued to see more sales despite a general downturn in the real estate market in many areas of Chicago. A total of 33 units were sold in the area during the fourth quarter, up from 27 units sold during the same period in 2006. It is the most sales seen in Avondale during the fourth quarter in more than 16 years.

However, there continues to be an increase in the number of condos and lofts going on the market in the area. The average turnover time for condos sold during the fourth quarter rose to 114 days, up from 90 days a year ago.

The rising demand in the area helped prices jump during the fourth quarter. The average sales price during the quarter posted an 8 percent increase from the same period in 2006, and could continue to rise as buyers flock to Avondale for affordable condominiums and lofts.

 

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