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2625 N Clark

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Lincoln Park isn't the most affordable neighborhood in the city. The area is home to some of the most luxurious condominiums in Chicago. However, young professionals who want to live in this popular part of Chicago can still find some affordable units in the area.

One development that offers a number of one-bedroom units with excellent views to downtown is located at 2625 N. Clark. The 20-story building was completed in 1983, and offers a total of 133 units.

The most affordable condominium currently on the market at 2625 N Clark is a one-bedroom and one-bath unit that is priced at $209,900. Buyers are getting a great deal here. This condo was originally priced at $325,000, but after 427 days on the market, the owner has reduced the price more than 30 percent. The unit offers a total of 725 square feet of living space.

Prices for other condominiums with similar floor plans vary widely at 2625 N Clark. Prices range from $225,000 to as much as $349,900. Pricing depends on a number of factors, including the view from each unit and extra amenities that have been added throughout the year. Rental units are occasionally available, with prices ranging from $1,250 to $1,550 per month.

Deeded parking spaces are also currently for sale, with prices ranging from $37,000 to as much as $45,000, an expensive rate for garage parking even for Lincoln Park.

Residents enjoy a number of luxury amenities in this full-amenity building. The development offers a modern fitness center, 24-hour doorman, laundry room, attached garage parking, and plenty of extra storage space for a bike or extra boxes. Each unit enjoys T1 Internet service, basic cable, and individually controlled heating and cooling. Residents will love the garden with sundeck and grill that opens out to incredible views of downtown Chicago. A party room is also available to all residents.

Many units in this high-rise building enjoy incredible open views south to the downtown Chicago skyline. Many of these units have also been fully renovated, and buyers can still find some units for a bargain that can be renovated to match your tastes.

The neighborhood is one of the biggest draws for buyers at 2625 N Clark. The development is right next to some of the most popular restaurants and nightspots in the neighborhood, including Dukes Chicago Bar & Grill, Hey Sushi, and Tin Lizzie.

Residents also enjoy easy access to the park, zoo, and lakefront beaches and walking paths, making it simple to enjoy an active outdoor lifestyle anytime of the year. The development is steps from the Century Shopping Center and DePaul University.

If you need to get downtown, buses run along Stockton Drive to the east and a bus stop right on Clark Street will get you where you need to go in minutes.

The Lincoln Park condominium market has slowed in recent months. According to data from the Chicago Association of Realtors, sales in the neighborhood reached an 18-year low, with just 150 units sold during the first quarter. However, prices continued to rise, with the average sales price up by an impressive 10 percent from the same period in 2007. Buyers could find some great deals, including these condos at 2625 N Clark.

 

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