Port Clinton Place

If you’re looking for a new condominium in Vernon Hills, there are now many more options for you to choose from.

Construction of a new development, Port Clinton Place, has begun next to the site of the future Vernon Hills Town Center. Port Clinton Place is a project by Opus North Corp., a Minneapolis-based developer.

Port Clinton Place offers buyers several different floor plans. Condominiums will offer from one to three bedrooms, while the row homes will all have three bedroom layouts.

A total of 132 condominiums will be built in two 8-story buildings at Port Clinton Place. Prices for the one bedroom units start in the mid-$200s, with floor plans starting at 1,036. Three-bedroom units offer as much as 2,187 square feet.

A total of 47 row homes are also planned for the development, with sizes ranging from 2,028 to 2,464 square feet. Prices for these units start mid-$400s.

Amenities in the row homes include a gourmet kitchen with granite countertops and an appliance package, a separate breakfast room, a two-car garage, and private outdoor space.

The development will include plenty of green spaces and walking trails around the landscaped pond, giving residents a quiet escape from the city.

The up-and-coming neighborhood will soon offer some of the best amenities in Vernon Hills. When completed, the Vernon Hills Town Center will be home to many retail shops and restaurants.

Milwaukee Avenue is the current center for shopping and dining in the area. The Village Green Lincolnshire shopping area is among the most popular in the neighborhood.

Bucca Di Beppo, Cy’s Crabhouse, and On the Border are just a few of the many restaurants in the area.

Residents are also within walking distance of several movie theatres, the Chicago Botanic Gardens, and the Marriott Lincolnshire Golf Course.

Commuters have easy access to the downtown Chicago business district via Metra and conveniently located expressways.

If you’re on the market for a new condominium in Vernon Hills, keep up to date with the latest numbers coming out of the real estate market.

The city has seen a lot of activity in the market for condominiums in the last few years. However, according to a new report from the Chicago Association of Realtors, demand for condominiums in Vernon Hills is now hitting the lowest levels since 1997.

A total of 57 condominiums were sold in the area during the third quarter, less than half the total sold just three years ago and a 21 percent drop from the same period last year.

Sellers now face one of the longest turnover times in years in Vernon Hills. According to the C.A.R. report, if you’re selling your condo in the area, it’s going to take you an average of 90 days to find a buyer. This is a 23 percent increase over last year.

With the drop in demand and a larger supply of unsold condos on the market, it’s no surprise that prices have leveled off in the neighborhood.

The average sales price was up by less than 1 percent during the third quarter. If demand continues to lag in the neighborhood, prices could start to come down in the next few months.

Buyers should negotiate for a price that reflects these current market conditions.

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