Chicago Condo News

Lincoln Park continues to offer great deals on some new condominiums and lofts around the neighborhood. The area has long attracted families and young professionals looking to enjoy a relaxed lifestyle close to downtown.

One development that is home to several new luxury units is Lincoln Row. Located at 2921-2927 Lincoln Avenue, this development offers a number of two and three-bedroom units for sale. The most affordable unit is a two-bedroom condominium that offers a total of 1,214 square feet of living space. This condominium is priced at $499,000.

If you want some more space, you’ll love the three-bedroom and two-bath unit that comes with a total of 1,772 square feet of living space. This condominium is listed at $619,900.

All units come with incredible amenities, including a gourmet kitchen with stainless steel appliances, granite countertops, and custom cabinets. Residents also enjoy a fireplace, hardwood floors, and in-unit washer and dryer.

These condominiums are a great choice for buyers looking for the most luxurious New Construction Chicago Condos on the market. Check out these and many other luxury developments in neighborhoods around the city today.

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Sales of condominiums reached a new low during the first quarter in Lincoln Park. It was a surprise for the popular neighborhood, which had seen sales rebound last year.

According to data from the Chicago Association of Realtors, a total of just 150 condominiums and lofts were sold in Lincoln Park during the first quarter, down more than 40 percent from the same period last year, when 265 units were sold in the neighborhood. It was the worst result in more than 18 years for the real estate market.

Despite the sharp drop in sales during the first quarter, prices for condominiums were up sharply. The average sales price rose by 10 percent from the same period last year. However, rather than a general increase in real estate values in Lincoln Park, this is probably due to increased interest in the most expensive properties on the market.

Condo owners and developers are seeing one of the slowest markets in recent memory. If you’re selling your condominium it will now take you an average of 135 days to find a buyer. This is the longest average turnover time seen in Lincoln Park in more than 18 years.

Buyers could start to see lower prices for Chicago Condos for Sale on the less expensive end of the market.

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Lincoln Park offers some of the best luxury condominiums in Chicago. However, there aren’t too many loft space available in the neighborhood. This is changing with the arrival of Filmstrip Lofts, a project by Motor Row Development Corporation located at 2750 North Wayne Avenue.

The development offers a total of 14 units with huge floor plans that are the perfect choice for small families. The smallest unit available at Filmstrip Lofts is a one-bedroom loft with a total of 1,400 square feet of living space. This floor plan is priced from the mid $300s. The largest loft is a two-bedroom unit with 2,800 square feet of living space. This unit is priced up to $900,000.

Amenities at Filmstrip Lofts include a gourmet kitchen with granite countertops, an extended bar for a casual meal, and stainless steel appliances. Residents also enjoy high ceilings and hardwood floors throughout the main living areas. Bedrooms offer plush carpeting.

The location of these luxurious lofts is perfect. Lakefront parks, beaches, fine dining, and nightlife are all located within a few minutes of home. The nearby El gets commuters to the downtown Chicago business district in minutes.

Filmstrip Lofts is one of many new luxurious Chicago Lofts For Sale in the best neighborhoods in the city.

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