MLS Now West Point VillageGet more informationOakland has come on the scene as one Chicago neighborhood that offers an affordable option for young professionals and families who want to live close to downtown Chicago. An increasing number of luxury condos in downtown Chicago are popping up around the neighborhood. One of the newest developments in the area is West Point Village. This development offers a number of townhomes, and is located at 3601 S. Ellis Avenue. Buyers can choose from three and four-bedroom townhomes that offer huge floor plans. Each townhome at West Point Village comes with a number of luxurious amenities. Kitchens offer a stainless steel appliance package, granite countertops, and custom cabinets. Each unit also comes with hardwood floors throughout the main living areas and plush carpeting in the bedrooms. Residents also enjoy a huge two-story living room with a choice of a marble or granite fireplace. Plenty of oversized windows ensure that your townhome gets lots of natural light throughout the day. The master bedroom comes with a walk-in closet. Well-appointed baths come with Kohler fixtures, whirlpool baths, and walk-in showers. Each unit offers an attached two-car garage, alarm system, and secure intercom entry. Residents have plenty of extra storage space. The development is located just off of South Cottage Grove Avenue and 35th Street. West Point Village residents enjoy easy access to Burnham Park, where walking trails, bike paths, and open green areas offer excellent lake views as well as a breathtaking view of the downtown Chicago skyline. The neighborhood is served by the Dan Ryan Expressway and Lake Shore Drive. El trains along State Street get residents to downtown Chicago in just a few minutes, and CTA buses run throughout the neighborhood. Other landmarks within just a few blocks of home include the Illinois Institute of Technology and McCormick Place. Residents can catch a Sox game at US Cellular Field. If you're in the market for a new condo or townhome in Oakland, keep up with the latest news and statistics coming out of the real estate market in the neighborhood. According to the Chicago Association of Realtors, a total of just one multi-family unit was sold in the neighborhood during the fourth quarter. This is a disappointing showing for the neighborhood that had seen a lot of activity during the same quarter in 2006. A total of eight condos and townhomes were sold in Oakland during the fourth quarter 2006. The market may be suffering as a result of problems in the credit market, which has kept many first time buyers out of the real estate market. Also, many buyers may be looking for more affordable units around Oakland. The average sales price during the fourth quarter 2006 was 427,371. However, the only unit sold during the fourth quarter 2007 was sold for 269,900. Buyers could start to see incentives from developers and homeowners if demand doesn't pick up in the next few months for condos and townhomes in Oakland. I'M INTERESTEDTo:
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