Limited Opportunities Remain at The Row in Bucktown
Posted by Leo Clark. on
The Bucktown neighborhood is easily one of the hottest locations on the west side right now, and arguably one of the hottest locations in all of Chicago. Homes and condos are selling faster than ever right now not only in the Bucktown area, but also in several of its neighboring communities like Wicker Park and Ukrainian Village.Â
Development around Bucktown has also been on the upswing over the past year, and projects like The Row are catching the attention of home buyers from all over town, and for good reason. That particular development, which lies along Winnebago Avenue not far from the heart of the neighborhood, offers a great location, tons of living space, and plenty of high-end interior finishes to top it all off.Â
Consisting of just 24 row…
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When it comes to luxury real estate in downtown Chicago, historic brownstones, grey stones, and row homes in the Gold Coast are undeniably among the most expensive properties you’ll find on the market.Â
The last undeveloped lakefront parcel in the Gold Coast could soon see some action, at least according to a new report from Curbed Chicago. Being proposed is a new eight-story building that could include as many as 58 units, which is significantly different from the original proposal from Draper & Kramer that called for a sprawling 40-story high-rise. That proposal, which as made all the way back in 1997, drew significant resistance among Gold Coast residents and of course failed to materialize into anything concrete over the years. Â
Although condos for sale at One Bennett Park have already been listed on the MLS for weeks, the project is now cleared for takeoff so-to-speak as reports are surfacing about Related Midwest finally clearing a $240 million construction loan to finance the massive new project.Â
In a city as large as Chicago, there’s going to be some unique properties to hit the market every now and then. In most instances, you might see a home or condo with a funky layout or some interesting interior finishes, but rarely do you come across what just hit the market over at Lake Point Tower.Â
No. 9 Walton (9 W. Walton St. Chicago) is one of the highest profile condo developments to break into the downtown market since perhaps the Ritz Carlton Residences were finished along Chicago’s famed Michigan Avenue, and buyers have clearly responded over the past 12 months or so.
There’s certainly going to be a lot action around Chicago’s Wrigleyville neighborhood over the next couple weeks, or at least we hope so, and if you plan on making your way over to the ballpark at some point, why not make the most of your trip? Â
According to numerous reports, Chicago’s highest-profile condo development in the works is now over 25% sold before building permits have even been approved. Earlier this week, the Chicago Tribune spoke with Magellan National Marketing Director Jim Losik, who updated the project’s sales by reporting 110 of the 406 planned condos at Vista Tower are now under contract, which include the building’s full-floor units priced around $9 million.Â