The lofts at 2100 Greenwood will range in size from 980 to 2,700 square feet with prices starting at $335,000. The condos, depending on what floor they sit, either have private patios, Juliet balconies or recessed terraces. A few even have both terraces and patios. A portion of the condos have dramatic, 20 foot ceilings and are also handicap accessible for those with disabilities. All come with one indoor heated parking space for your automobile.

Other interior details include a top of the line stainless steel appliance package for the kitchen, granite counter tops, kitchen island, and hardwood flooring. Buyers get a choice of select cabinet finishes and colors, tile and flooring. The development features a beautifully landscaped courtyard with brick paths, lighting and a building lobby with secure entrance.

2100 Greenwood is sure to be a popular choice for buyers in the market for a home in the suburbs, and the units there are comparable to many of the luxury Chicago Condos for Sale.

Technorati Tags: 2100 Greenwood, Evanston Illinois, Chicago Condos

The Daily Northwestern reported that the citizen group was well prepared to present their side of the argument and had an ample supply of printed material to back up their concerns. The group even maintains a website that debunks what they claim are ‘myths’ about the supposed benefits that the high-rise will bring. Some of the most common ones they pinpoint are that the development will add almost 2.5 million in yearly tax revenue, which they claim is inaccurate.

What could have been a heated debate was postponed because other city business caused the meeting to run late. The next meeting is scheduled for March 10th, but the planned agenda is likely to run late again, so another meeting has been set aside on March 17th to specifically discuss the proposal.

In other business, the request for $300,000 to help fund three affordable condos in a project on 241 Callan Avenue was defeated. A previous post covered that proposed project.

There’s no way to predict if the Fountain Square Tower will break ground or not. If it does, it will rank as the tallest suburban residential building outside of Chicago Condos high-rises.

Technorati Tags: Fountain Square Tower, Evanston Illinois, Chicago Condos

Even more services at these apartments include concierge service and reserved indoor parking in the garage. A business center provides a place to work away from the office or hold meetings with colleges. High speed Internet is wired in as well. Transportation isn’t a problem either because the train station is within walking distance from the apartments. Even the inviting beaches of the lake are also just a short distance away.

One year leases are available for these unfurnished apartments. The units range in size from 567 to 1,968 square feet and floor plans vary from studios to three bedrooms and one to two and a half baths plus a balcony. The kitchens are chef quality and have built-in microwaves and European style cabinets. Monthly rents fall between $1,489 to $3,830 plus a $500 deposit. Cats are welcome.

New Home Construction in Chicago and the surrounding communities is still on the rise, so there is a nice selection of condos and apartments from which to chose.

Technorati Tags: Evanston Place, Evanston Illinois, Chicago Real Estate

Normally a developer must begin construction work on a project within a year of getting a building permit. But developer Robert Horne wasn’t certain that he could garner enough sales for his project by the original deadline. Located at 1700-1722 Central Street, the complex will contain 47 units plus retail space.

A few stipulations were attached to the extension that was granted. Horne must put up a construction fence and keep the site maintained effective from 15 days after the new construction date of May 1st in 2009. Mr. Horne countered that he might need another 30 days past May 15th to secure enough sales to warrant actually starting construction on the project. The committee agreed to revisit the issue in May of 2009 and act accordingly with their findings.

This situation is a typical example of the problems facing developers today, especially developers in smaller communities, but also those who build larger Chicago Homes. The weaker market conditions make it more difficult for developers to sell the magic 50 percent of units to gain financing, and lenders are sometimes even requiring that more than half the units be contracted before they will sign on to fund the project.

Technorati Tags: Eastwood of Evanston, Evanston Illinois, Chicago Real Estate

Focus Development put $185 million into this project and it shows. It stretches almost a whole block and is close to everything that you’d need in town. Leave your car at home and walk to the library, eat at one of the great restaurants, take in some of the local shops and just enjoy life in the suburbs. The tower has its own spa, health club, basketball court and swimming pool, so recreation and relaxation is just a few steps from the door.

Depending on the floor plan, units come with hardwood kitchen cabinets in maple or cherry, hardwood flooring, full stainless steel appliance package, separate dining and living rooms plus private patios. The condos at Sherman Plaza can hold their own with the best Chicago Condos on the market right now. There are units available for rent if you aren’t ready to buy just yet, so you can still enjoy living in this brand new building without having to make a long term commitment.

Technorati Tags: Sherman Plaza, Evanston Illinois, Chicago Real Estate

A sum of $300,000 was asked for by the Economic Development Committee to help pay for the project, according to The Daily Northwestern. The money would defray construction and renovation costs and allow three of the condos to be priced about $100,000 lower than they normally would be. The reduced price for the condos would be around $185,000. To qualify for the lower price, a buyer’s annual income would have to be at or below 80 percent of the average area income. A counter offer of $250,000 was recommended by the Housing Commission, but there was opposition to that amount by other city leaders.

Evanston could benefit from the addition of affordable units, but we’ll have to wait and see if the grant is approved or not for this project. On the other end of the scale, the condos at
565 Quincy in Chicago are more expensive but feature some great luxury details and finishes.

Technorati Tags: 241 Callan Avenue, Evanston Illinois, Chicago Real Estate

There are 22 condos at Renaissance Ridge, with from two to three bedrooms each. The building itself sports new Marvin windows, a new roof, plumbing lines and electrical systems. There are storage lockers, an exercise room and the complex is secured with a fence and remote entry gate in the back.

The individual condos have oak hardwood flooring, new cable television and phone lines, new gas forced air heating, new drywall and insulation, new hot water heaters, new paint, crown molding, wood doors and gas ventless fireplace with stone surround, hearth and wood mantle. The kitchens have been beautifully designed with cherry or maple 42 inch cabinets, full stainless steel appliance package, stainless steel sink and granite counter tops. The master bath is outfitted with double porcelain sinks, full size mirror, ceramic tile flooring, glass shower door and tub surrounds. The second bath contains a Kohler pedestal sink and recessed medicine cabinet.

Chicago Real Estate is nearly always a good investment, and Renaissance Ridge Condos are also a great place to live.

Technorati Tags: Renaissance Ridge Condominiums, Evanston Illinois, Chicago Real Estate

The community, just like the commission, has been distinctly divided over the tower. Those for it claim it will be a boost to the redevelopment and expansion to the downtown area. Those opposed to it say the design doesn’t fit, it is too tall and the city engaged in private negotiations with the developers James Klutznick and Tim Anderson, which is essentially illegal.

The developers pushed the point that the new tower would benefit the city by increasing the property taxes and thus aid the Fountain Square renovation. Klutznick and Anderson also promised to purchase the adjacent Hahn Building and bring it back to its former glory. They state they also intend to seek LEED certification.

Opponents to the tower express concerns that the retail section of the mixed-use building will draw customers away from the downtown shops. Residents say they would prefer housing that favored families, such as single homes, instead of condos that could potentially only draw part time residents and not permanent ones.

The next vote on the project will occur this month, so we’ll have to wait and see if the tower does eventually go forward and Evanston gets what will be the tallest high-rise outside of Chicago. That would definitely put them on the map, for better or worse, and make them competitive with other well known Chicago Homes for Sale.

Technorati Tags: Evanston Tower, Evanston Illinois, Chicago Real Estate

Condo sales have declined over the past year with no sure rebound in sight for the near future. On the other side of the market, apartment rents have seen a steady rise along with demand for hotel suites. According to figures released by developer Roszak, there is only a 4 percent vacancy rate for apartments in Evanston, making the decision to switch from condos to rental units even more tempting. The financing for the new project could be in place soon and ground broken on the site by this coming spring.

The original building design for the once would-be condominium will stay the same, just be contain apartments instead. The option of flipping them to condos for sale at some future point is not out of the question and many other rental towers have done the same thing in the past when the markets have turned. Sales of the now defunct condos hadn’t reached 50 percent and those who had purchased a condo will either be refunded or offered a unit in the second tower of Sienna.

It will be interesting to see if apartment towers and hotel condos gain even more market share from New Home Construction in Chicago.

Technorati Tags: Aloft Hotel, Evanston Illinois, Chicago Real Estate

Most of the units at Optima have fantastic views of the nearby lake from the private balconies as well as the expansive windows in each room. The building perks include a landscaped rooftop garden for even more great cityscape views, two indoor swimming pools and an exercise room so residents won’t have to leave the building for a workout. One parking space is provided in an indoor heated garage plus there are assigned individual storage lockers that are handy for storing sporting equipment or just about anything that doesn’t go in your condo.

Cable television, high speed Internet and window treatments are standard. Each unit comes with a washer and dryer and the kitchens contain custom maple cabinetry and granite counter tops, dishwasher and garbage disposal. Plush carpeting in the bedrooms and hardwood flooring in the common areas is installed. Leases of one year are available and utilities such as cable, heating, air conditioning and water are included in the rental fee. The building is also pet friendly with cats and small dogs welcome.

You can find other Find Chicago New Construction Condos like Optima Horizons by following the above link.

Technorati Tags: Optima Horizons, Evanston Illinois, Chicago Condos for Sale