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1540 N State

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The Gold Coast offers some of the best luxury condominium developments in the city. Buyers can find several new developments, as well as many buildings that have been around for a few years that offer excellent condominiums at affordable prices.

One building that offers a number of different floor plans is located at 1540 N. State. This 64-unit building was completed in 1959, and offers a number of luxury amenities at an affordable price.

There are currently two units available for sale on the market at 1540 N State. Both units offer a total of two bedrooms and two baths, and both are priced at $300,000. Residents enjoy a total of 1,150 square feet of living space. Buyers can occasionally find one and three-bedroom units for sale at 1540 N State.

One-bedroom units that have sold in recent years are priced from $194,500 to $209,900. Three-bedroom condominiums are priced from $272,500 to $355,000. Rental units are also available from time to time, and are priced from $1,375 to $1,675 for a two-bedroom condominium.

Most units at 1540 N State have been fully refurbished and now offer a complete selection of luxury amenities. The gourmet kitchen comes with granite countertops, new cabinets, and an appliance package. Residents also enjoy marble finishings in the master bath, hardwood floors throughout the main living areas, and carpeted bedrooms. Many units offer excellent city and lake views.

The development comes with a rooftop deck, the perfect place to entertain friends or get to know the neighbors while taking in the excellent city views. The development also offers a 24-hour doorman. Parking is not available onsite, but there are several options in the surrounding neighborhood for sale or for rent.

This building is located in a quiet neighborhood within walking distance of Old Town, Lincoln Park, and the Lake Michigan shoreline. Residents can enjoy an outdoor lifestyle in the heart of Chicago at the many bike and walking paths, beaches, and open green spaces in the area.

Restaurants and nightlife can be found in Old Town along Wells Street and North Boulevard. The area is one of the most popular places for a night out on the town in Chicago.

Commuters will love the easy access to downtown Chicago from 1540 N State. The development is served by several bus lines within a couple of blocks. The nearest El train is located at Sedgwick Street, within a five-minute walk from home. Much of the downtown Chicago business district is within walking distance, allowing you to stay in shape while commuting to and from work.

The Gold Coast continues to be one of the most popular neighborhoods for buyers from around Chicago. The neighborhood is part of the Near North Side statistical area, which has consistently led the city in sales. While sales were down more than 10 percent citywide, the Near North Side saw a 4 percent decline in demand for condos in 2007.

Prices continue to rise in the neighborhood, and show no sign of pulling back any time soon. The average sales price rose by 7 percent from 2006.

 

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