1621 W Rascher Ave

Uptown offers a number of renovated buildings that are home to large condominiums. These units are a great choice for small families looking for more space. One recently renovated building in Uptown is 1621 W Rascher Ave.

This three-story building offers a total of 4 condominiums. There are currently no units available on the market, but from recent sales we can get an idea of values in the building. The most affordable unit to sell in recent months is a three-bedroom and two-bath condo that offers a total of 1,675 square feet of living space. This condo was sold for $268,000, and has low monthly assessments of just $99. The unit on the first floor has a bit more living space. This three-bedroom and two-bath condo offers a total of 1,850 square feet of living space, and sold for $395,000. Assessments for this unit are much higher, $217 per month.

The most expensive unit to sell in recent months was the penthouse condo. This three-bedroom and two-bath unit offers a total of 1,920 square feet of living space. Monthly assessments on this unit are $183. This condo sold for $450,000.

Residents of this recently renovated building enjoy a number of luxury amenities. The gourmet kitchen comes standard stainless steel appliances, granite countertops, and custom cabinets. Residents also enjoy marble finishes in the master bath and a walk-in closet. Other features include an in-unit washer and dryer, private balcony, and individual heating and cooling. The development comes with garage parking. One space is included in the purchase price. Residents also enjoy a common rooftop deck.

The neighborhood offers a lot of amenities within a short walk from home. There are plenty of restaurants to choose from just a couple of blocks away on Clark Street. Popular choices include Ole Ole, La Cocina de Frida, and Hamburger Mary's. There's also a number of popular nightspots in the area, including Charlie's Ale House, Edgewater Lounge, and Simon's Tavern.

Public transportation serves the neighborhood, but residents have to walk a few blocks to get to the nearest El station. The Red line stops and Bryn Mawr and Broadway, a 10-minute walk from home. There's also plenty of open green space within a few blocks from home. The north end of Lincoln Park is also a 10-minute walk from home, making it easy to enjoy a morning jog or a warm afternoon on the Lake Michigan shoreline.

Uptown has seen a drop in sales of condos in recent months. According to data from the Chicago Association of Realtors, a total of just 264 condos were sold in the neighborhood during the second quarter of 2008, down from 328 units sold during the same period a year ago. This was the worst result for the neighborhood since 1999. Prices are already feeling the effect, with the average sales price down 2 percent during the quarter.

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