Following the increasing demand for eco-friendly features, Emerald, a condominium building in the West Loop on Green Street, offers options that will make the environmentally conscious feel right at home.
Emerald was heralded as one of the first eco-friendly Chicago real estate developments in the city. The two 12 story towers are located on, appropriately, 123 Green Street and have a combined total of 212 one to two bedroom condos. Senco Development has held firm on prices and promotes these Chicago condos as holding their value in terms of quality and low assessments because of the green features. This development is also FHA approved, so qualified buyers can save on interest rates and the down payment.
Some of the eco-friendly features at Emerald include using recycled glass, bamboo flooring and recycled metal countertops in the two story glass atrium. The buildings also have a 4 pipe HVAC system and used bamboo flooring throughout the towers and condos, used low-VOC paints and recycled fabrics in the interior finishes and furniture. marketing brochures were even printed on recycled paper and used soy ink.
There is a 1,500 square foot fitness center at Emerald that is offset nicely with a Starbucks in the retail space along with an 8,000 square foot lobby.
Emerald residents also have access to a business center with a fireplace and wireless Internet access, a great room with flat screen television, surround sound and furniture, a private study and Club Emerald which is a private furnished bar with a sound system and attached kitchen. Your pets are also welcome at Emerald.
The condos feature floor-to-ceiling windows, the aforementioned bamboo flooring, wall-to-wall carpeting in the bedrooms, vinyl-coated wire shelves in the closets, a balcony, track lighting, security system and washer/dryer hook-up.
The kitchens come with 42 inch Euro cabinets, stainless steel or granite counter tops, stainless steel double sink, Grohe faucets, stainless steel appliances and some units have a bistro balcony.
Baths feature natural stone flooring, vanity tops and tub/ shower surrounds. They also have custom cabinets, Grohe faucets and a wall-mounted LCD television.
Prices on the remaining available condos at Emerald as of early 2011 range from the $270,000s for a 765 square foot one bedroom unit to the low to mid $300,000s for a 900 square foot one bedroom plus den condo. For a two bedroom, two bath unit with 1,250 to 1,300 square feet you can expect to pay from the low to mid $400,000s. Assessments run from the mid $200 to upper $300 range per month.
The developer frequently offers a free indoor heated parking space valued at $35,000 with purchase of a condo. You can also get as much as 20% of mortgage interest costs back through the Chicago Tax Smart Program, so contact us for the most up to date information about incentives at Emerald.