Archive for March, 2009

420 S Clinton Unit 41503.31.09

420_S_Clinton_Unit_415_Bedroom.jpgOne bedroom West Loop loft

Price: $$249,900
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Great 1 bed 1 bath loft with lots of character! As you enter this home, the living room greets you with its exposed brick walls, timber ceilings, hardwood floors and fireplace. Adjacent to the living space are the large balcony, ample dining space, and an updated kitchen with stainless steel appliances and granite countertops. The private bedroom is fully enclosed and features a dramatic barrel shaped brick ceiling, large window and lots of closet space. This light filled loft has large north facing windows with city views. In unit laundry, central heat and air and extra storage complete this home and secured parking is included in the price. Located near everything the Loop and West Loop has to offer, the building is close to public transportation and has an exercise room and common rooftop deck. This is truly a fabulous place to call home.

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1816 W. Belmont #203.25.09

Living roomRoscoe Village 2 bedroom with lots of outdoor space

Price: $369,900

Beautiful and exceptionally large 2 bedroom 2 bathroom home with two outdoor spaces! The gorgeous chef’s kitchen, complete with wine fridge, overlooks the huge living/dining room which steps out to the front terrace. The master bedroom is spacious and includes a walk-in closet and a spectacular master bath with huge whirlpool tub and separate shower. The finishes in this home are beautiful and include hardwood floors throughout, stainless appliances, granite countertops, marble baths, a wood-burning fireplace and a utility room with side by side washer and dryer. Parking is included in the price! Walk to everything the Southport Corridor and Roscoe Village have to offer as well parks, the el and more.

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NAR: Fed purchases will lower interest rates03.22.09

In a press release last week, National Association of Realtors president Charles McMillan applauded the Federal Reserve’s move to purchase an additional $750 billion on mortgage-based securities from Fannie Mae and Freddie Mac and up to $300 billion in Treasury notes. “Greater numbers of home buyers will be able to purchase a home, and homeowners facing challenges will be able to refinance into better terms,” he said. “We already are experiencing a great improvement in housing affordability due to historically low interest rates, and the Fed’s move will push affordability conditions to the best levels in 40 years.”

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Mortgage rates lower03.15.09

Mortgage rates dropped last week; the average 30-year fixed rate loan is now 5.37%, a full point lower than it was at this time last year. The lower rates come at the same time mortgage applications went up over 11%, as people take advantage of the discounts to refinance and buy homes.

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950 W. Monroe Unit 51403.08.09

950_W_Monroe_Unit_514_FrontView.jpgWest Loop one bedroom

Price: $225,000 + 35K parking
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Fabulously priced one bedroom condo in the heart of the West Loop. Kept in pristine condition with the finest finishes, in one of the nicest buildings in the area. Excellent floor plan with a large living space and room for a dining table. The kitchen is equipped with 42” cabinets, granite, and an island for extra workspace and seating. The bedroom is fully enclosed with generous closets and large windows for plenty of light. This bright and roomy home has a large north-facing balcony, perfect for lounging. The unit also features hardwood floors, custom paint throughout, and in-unit washer and dryer. Full amenity building includes a door person, commissary, work out facility, business center and a prime garage spot for 35K. Walk to buses and el, restaurants, bars and shops and new neighborhood park and dog park. Excellent value!

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1000 W. Adams St. Unit 81903.01.09

1000_W_Adams_Unit_819_LivingRoom.jpgOne bedroom loft in the West Loop

Price: $239,900 + 25K parking
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Incredibly spacious and quiet top floor 1 bedroom 1 bath condo in a premier West Loop building. This home’s 10 ½ ft concrete ceilings provide a very spacious feel and its west facing oversized windows supply abundant natural light. The large kitchen has an island creating a great area for the chef to work and guests to pull up a stool. The living area, with media built-ins and gas fireplace, has enough space for two large couches as well as a dining area. A true foyer, spacious bedroom and bathroom, ample closet space, hardwood flooring, washer/dryer and an inviting balcony complete this package as a fantastic place to call home. There is an extra storage room, bike storage and a heated garage parking spot is available for an additional $25K. This financially secure, full amenity building includes maintenance staff, 24 hour door person, workout facility, business center, dry cleaners, on-site management and two roof top sun-decks. Best of all, it’s located in the heart of the West Loop so you will be just steps to all types of transportation, the loop and all of the area’s great restaurants and shops!

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