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100 E Bellevue Ave

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Buyers on the market for a luxury condominium in Chicago have plenty of choices in one of the city's most fashionable neighborhoods, the Gold Coast. The area offers an excellent lifestyle and a convenient location close to everything that Chicago has to offer.

One excellent development offering a number of condominiums for sale and for rent is 100 E. Bellevue. This 170-unit building was completed in 1971, and many of the condominiums have been completely rehabbed, offering the best modern amenities.

Buyers can choose from several floor plans ranging from one to three bedrooms, making 100 E. Bellevue an excellent choice for families, retirees, and singles. There are currently five units on the market, with four for sale and one unit for rent. A two-bedroom unit is listed at $544,900, while one two-bedroom unit is offered as a rental. The price for this unit is $2,450. Three-bedroom units range in price from $560,000 to $599,000.

Residents of 100 E Bellevue enjoy a number of luxury amenities. Each unit comes with a gourmet kitchen with appliance package, hardwood floors throughout the main living areas, a large dining room, and plenty of extra closet space. A wrap-around terrace is the perfect place to entertain family and friends, offering incredible skyline and partial lake views, and has enough room to include outdoor furniture, a garden, and barbecue.

The development also offers a number of luxury common amenities. The development offers a 24-hour doorman service, indoor heated parking, a modern fitness center, and pool. There is also plenty of extra storage space available.

The location of this development can't be beat. Residents are steps from the best shopping on the Magnificent Mile, where you'll find world-famous designers, major brand names, and plenty of boutiques. Restaurants, nightlife, and cultural activities can be found throughout the neighborhood.

The development also offers easy access to public transportation, and is within walking distance of much of the downtown Chicago business district. Several buses run along the major avenues in the area, and two El train stations are within a few blocks of home.

Residents also enjoy easy access to lakefront bike paths, parks, and the Navy Pier, one of the most popular destinations for the entire family during the summer.

The real estate market in the Gold Coast continues to be the most popular in all of Chicago. The neighborhood is part of the Near North Side statistical area.

According to data from the Chicago Association of Realtors, the area saw a sharp decline in sales during the first quarter, but continued to lead all neighborhoods in the number of condos sold.

According to the report, a total of 557 condos and lofts were sold in the neighborhood during the first quarter, down from 679 units sold during the same period in 2007. This is the lowest total sales seen in the neighborhood since 2003 during the first quarter.

However, despite the sharp drop in demand in the area, the inventory of unsold condos and lofts remained steady during the first quarter. Condo owners and developers waited an average of just 117 days to find a buyer, up slightly from 110 days during the same period last year.

The steady inventory and a number of new ultra luxurious condos on the market led to a dramatic increase in prices in the neighborhood. The average sales price increased by 24 percent from the same period last year, and promises to continue to increase due to the neighborhood's excellent location and long list of amenities.

 

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