Chicago Condo News

One of the newest luxury condominium developments underway in downtown Chicago is Aqua Lakeshore East. This development will be one of the most unique pieces of architectural heritage in Chicago, with a flowing façade of glass and steel.

The development will be located right next to the Park at Lakeshore East, one of the premier parks in the city.

Residents will enjoy a number of incredible amenities, including gourmet kitchens with granite countertops, a stainless steel appliances, and custom cabinets. Residents also enjoy a walk-in shower and separate soaking tub.

The building will offer a complete selection of services and amenities expected from a luxury development. Residents will love the track, resort-style pool, and rooftop deck. Residents can also stay in shape in the modern fitness center and spa.

The location of this development is one of the main draws. Residents are steps from many of the best restaurants, shopping, and nightlife in the city. The downtown Chicago business district is also within walking distance, meaning an end to the daily commute.

If you’re on the market for luxury Preconstruction Chicago Condos For Sale, don’t miss out on the incredible opportunities at Aqua Lakeshore East condominiums. The sales center is located at 375 East Wacker Drive in downtown Chicago.

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Work is continuing on the luxurious condominium residences at the Trump International Hotel and Tower.  The building, located at 330 North Wabash Avenue, will offer a total 472 units.

Buyers can choose from a number of different floor plans, including residences ranging in size from studios to five bedroom penthouse units.  Each residence comes with incredible views of the downtown Chicago skyline, high ceilings, hardwood floors, and gas fireplaces.

Residents will also have access to all of the services offered at the hotel, which is slated to open early next year.  A full five-star range of services will be offered to guests and residents, including room service, valet and concierge service, and laundry services.

The Trump International Hotel and Tower will also offer residents indoor parking, a modern and expansive health club and spa, and access to the 1.2 acre Riverwalk Park.

The Trump International Hotel and Tower is one of several developments currently underway offering Luxury Chicago Condos For Sale around the downtown area.  The development, along with others such as the Chicago Spire and the Elysian, promise to transform the downtown Chicago skyline forever.

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The market for condos and lofts on the Lower West Side saw a marked increase in sales during the third quarter, despite a weakening market around the Chicago region.

According to data from the Chicago Association of Realtors, the neighborhood saw a total of 19 units sold during the third quarter, more than double the amount sold during the same period last year.  It is also the most condos sold during the third quarter in more than 16 years in the neighborhood.

However, the increase in sales wasn’t enough to absorb the inventory of unsold condos on the market.  New developments in the area have led to a large number of units sitting longer on the market.  The average turnover time during the third quarter was up to 151 days, a 42 percent increase from last year.

Meanwhile, the average sales price for condos sold during the third quarter dropped by 11 percent from the same period last year, and now stands at $301,607.  Buyers may continue to see lower prices in the neighborhood if the inventory of unsold condos continues to increase.  Look for great deals on Chicago Condos For Sale on the Lower West Side.

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