Search the MLS The Grand on GrandFind more Information on Chicago CondosRiver North has undergone quite a transformation in recent years and now offers some of the most luxurious new condo and loft developments in the city. One of the most luxurious new developments in River North is the 28-story Grand on Grand, a brand new concrete and glass structure at 200 W. Grand. This 111-unit building is a project by Sutherland Pearsall Development Corp, one a Chicago-based company that is active in several neighborhoods around the city. Buyers can choose from several floor plans at The Grand on Grand. One, two, and three bedroom condominiums are offered in this luxury development. There are also several penthouse units with towering views of the downtown Chicago skyline. Prices for these units start at $290,000 for a one-bedroom condominium. Three-bedroom condominiums are priced up to $490,000. The Grand on Grand offers a number of luxury amenities. Kitchens come standard with stainless steel appliances, granite countertops and a choice oak or maple cabinets. Each unit offers high ceilings, hardwood floors in the main living areas and plush carpeting in the bedrooms. Bathrooms come with ceramic tiling for the floors, shower walls, and tub. Residents enjoy excellent city views of downtown Chicago from the oversized windows and private balconies. The Grand on Grand also offers a number of common amenities. Residents can stay in shape in the modern fitness center or get some sun on the adjacent sundeck. The development also offers an indoor parking garage, secure entry system, 24-hour doorman, and sound resistance to keep noise to a minimum in each unit. The neighborhood can't be beat. The Grand on Grand is within walking distance of almost everything that downtown Chicago has to offer. Commuters can do away with the daily commute and walk to work. For those who work in other neighborhoods, several lines of the El have stations within a few blocks. Several CTA buses serve the area. The area known as River North offers an increasing number of gourmet restaurants, nightlife, shopping, and cultural events. The development is also close to many of Chicago's most famous landmarks, including the new Millennium Park, the crown jewel in Chicago's parks system. The Near North Side continues to be the most active real estate market in all of Chicago. According to the Chicago Association of Realtors, a total of 717 condos and lofts were sold in the neighborhood during the fourth quarter, up from 644 units sold during the same period in 2006. This is the first time in four years that sales have increased during the fourth quarter, and is welcome news for condo owners and developers in the area. The increase in demand helped bring down the inventory of unsold condos and lofts on the market around the Near North Side. The average turnover time in the area is now at 105 days, down from 114 days a year ago. Prices continued to increase in the area. The average sales price for condos and lofts sold during the fourth quarter rose by 4 percent from the same period in 2006. The popularity and excellent location of the Near North Side should keep values in positive territory despite a drop in sales around Chicago. I'M INTERESTEDTo:
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