Belden Place

If you’re in the market for a new home or condominium in Mundelein, check out the newest development in the neighborhood from the Dearborn Buckingham Group.

The Chicago-based company is responsible for some excellent projects around the greater Chicago area. Current developments on the market include Buckingham Pointe and Buckingham Courte, both located in Des Plaines.

Belden Place offers a total of 90 row homes just a half-mile from Gregg’s Landing. Buyers can choose from several different floor plans. The Belden floor plan offers a three-level layout with an attached garage and room that can be used as a media room or den.

The second level of the Belden offers a fireplace in the family room, a living and dining room with two optional layouts to choose from. The last floor offers two large bedrooms or a master bedroom and two smaller bedrooms.

The Astor and Chestnut units also offer a three-story layout with an optional third bedroom available to buyers.

Amenities at Belden Place include a kitchen that includes a GE appliance package and custom designed cabinets.

Bathrooms come with a separate shower and tub, dual bowl vanity, and marble countertops.

Buyers can also choose from several excellent upgrades at Belden Place. Oak stair rails, fireplaces, and hardwood floors all come optional with the units. Residents can also add a washer and dryer on the lower level, skylights, and granite countertops.

The city of Mundelein offers an excellent quality of life minutes from the heart of Chicago. The area has many opportunities for recreation. Residents can play a game of golf at the Steeplechase Golf Course, take a boat out at Diamond Lake, or go for a swim at Parkview Health & Fitness.

The area is served by the Chicago Transit Authority and Metra lines, making it easy for residents to make the daily commute to the city.

Belden Place residents are in the Mundelein High School District #120 and the Hawthorn School District #73.

If you are planning on buying a home in Mundelein, stay up to date with the latest numbers coming out of the real estate market in the area.

According to the most recent report from the Chicago Association of Realtors, sales are down for both condominiums and single family homes in Mundelein.

During the third quarter, sales of condos dropped by 29 percent from the same period last year, while sales of single-family homes were off by 30 percent.

Buyers are facing a market that could bring lower prices in the next few months. It is becoming increasingly difficult for home and condo owners to find a buyer for their property in Mundelein.

The turnover time for single-family homes on the market is at 119 days in the neighborhood, up by 30 percent, while the turnover time for condo owners shot up 90 percent to 105 days.

Buyers should aggressively negotiate for a price that reflects the current market conditions. Prices have already come down in the neighborhood, and could continue to drop if demand doesn’t recover.

The average price for a home in Mundelein is $328,789 while for a condo the average sales price is at $204,925.

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