August 3, 2008

Luxury condos at One Museum Park

Category: South Loop. Posted by Mike at 5:32 pm.

Buyers looking for the best in luxury condominiums in the South Loop can find several developments currently underway at the southern end of Grant Park. One of the most talked about in the area is One Museum Park.

Located at 1201 S Prairie, this development offers a total of 298 one, two, and three-bedroom units for sale. Completion of this project is planned for 2009. Buyers can still take advantage of preconstruction pricing on the condominiums at One Museum Park.

The most affordable unit is a one-bedroom condominium that is priced in the low $300s. Three-bedroom condominiums are priced in the high $500s. The largest penthouses are priced at over $2.5 million.

One Museum Park offers a long list of amenities that include stainless steel appliances, granite countertops, and a breakfast bar in the European-style kitchen. Each unit also comes with hardwood floors, private outdoor space, and large windows that open out to incredible lake, park, and downtown views.

These condominiums are a great choice for buyers looking for the best Chicago Condos on the market at an affordable price. Don’t miss out on these and many other great deals on preconstruction condos in the city.

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July 9, 2008

Prairie Avenue Lofts offer plenty of room in the South Loop

Category: South Loop. Posted by Mike at 4:59 pm.

Many of Chicago’s most historic neighborhoods have received a makeover from developers in recent years. Areas such as the West Loop and South Loop have seen old buildings converted into luxury condominiums and lofts.

One development that offers a number of luxury residences is Prairie Avenue Lofts. This development is located along the historic Prairie Avenue, which runs south from 18th Street. Prairie Lofts was a project by Legacy Development. Completed in 2001, this development currently offers a number of luxury condos for sale.

The most affordable unit on the market at Prairie Lofts is a one-bedroom and one-bath loft that offers a total of 1,000 square feet of living space. This unit was originally listed at $275,000, but has already been reduced to just $230,000. Other one-bedroom units are listed at up to $280,000.

The most affordable two-bedroom loft currently on the market at Prairie Lofts is a two-bedroom and one-bath unit that offers a total of 1,132 square feet of living space. This condominium is priced at $285,900. Other two-bedroom units are priced as high as $434,900.

Prairie Lofts offers a number of luxury Chicago Lofts For Sale at affordable prices in the South Loop.

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June 26, 2008

High-rise towers approved for South Loop

Category: South Loop. Posted by Mike at 3:50 pm.

Efforts by neighborhood organizations in the South Loop to limit higher buildings in the neighborhood have failed, after members of the Chicago Plan Commission gave approval for the development of two towers in the area.

The towers are part of Central Station, which will offer both townhomes and condominiums. The two new towers will be located on Roosevelt Road, and will have 73 and 83 stories, making them the tallest towers in the South Loop. The development is led by Fogelson Properties, which had originally planned to build two smaller towers at the site, but decided to increase the height and add more units to the buildings.

Residents complained that the buildings would cast a shadow over the neighborhood, and presented photos of what the area would look like once the towers are completed at a meeting of the Plan Commission on Thursday.

However, despite protests from neighborhood groups, the developer will be able to go ahead with the project, marking a new era in the South Loop real estate market. The towers will surely be one of the first of a new wave of ultra tall developments in the southern part of downtown.

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