With two highly anticipated new construction condo projects in the works (the Ritz-Carlton Residences and Lincoln Park 2520) and not much on the horizon, now is a great time to get into a new luxury development in Chicago. And while these shiny, promising new properties are often the most coveted, the process can be daunting, and buyers might not know where to start.
In this economic environment, buyers are more cautious than ever when making real estate purchases, and it’s important to know what you’re getting when looking at Chicago’s new construction condos. Just because a new condo building is in mid-construction doesn’t mean buyer’s can’t get a feel for what’s inside. With more than 21 years of experience selling Chicago real estate, I’ve helped many buyers get the information they need, even if the building is still in the works—from floor plans to layouts and finishes, and getting a virtual or real, firsthand tour of the building as soon as its available. When a building is still being developed, I can help you understand the nuances or different floor plans, help determine what questions buyers should ask the developers and ensure that you have all the details you need before making a purchase.
It’s also important for buyers to recruit their own agent, rather than just walking into a development’s sales center. Having an agent who will work solely for you and not the sales center means you can rest assured that your interests are being represented in a new construction purchase. I can help you arrange a tour through Chicago’s most desirable new construction condos, including:
The Ritz-Carlton Residences at 625 N Michigan Avenue. Eighty-eight airy 1- to 3-bedroom luxury condos in the heart of downtown Chicago. Deliveries begin in early 2012.
Lincoln Park 2520 at 2520 N Lakeview Avenue. This elegant, park-front building will have exquisite detail and design, along with amenities and services to cater to residents’ needs.
The Elysian at 11 E Walton in the Gold Coast. Joining the Chicago luxury real estate market last year, the Elysian has 52 private residences ranging from 3,400 to 12,000 square feet.
Ten East Delaware. Also in the Gold Coast, these 1, 2 and 3-bedroom units are available for immediate occupancy.
Trump Tower at 401 N. Wabash Ave. Construction of this River North building completed in 2009, and includes 486 residences, each with sophisticated finishes and design.
50 East Chestnut in the Gold Coast. Occupancies are underway in these 34 spacious condos—the building has just one unit per floor for the ultimate privacy, plus 270-degree panoramic views of our spectacular city.
600 Lake Shore Drive. These two high-rise condo buildings were built in 2008 with expansive floor plans and steps away from Michigan Avenue and Navy Pier.
Aqua at 225 N Columbus Drive. The sustainable and fluid design of Aqua helped it be named Skyscraper of the Year in 2009.
The Park Monroe at 65 E Monroe was built just a few years ago and offers a competitive price per-square-foot among Chicago’s luxury real estate.
The Legacy at Millennium Park at 60 E Monroe is available for immediate occupancy, with 1, 2, 3 and 4-bedroom residences and panoramic views.
Walton on the Park at 2 W Delaware Place in the heart of the Gold Coast offers superb floor plans in these 1, 2 and 3-bedroom condos.
Keep in mind that Chicago new construction condos typically have units available that aren’t listed—those on the MLS are a sampling of what is for sale in the building. To see what’s available and see these buildings up close, contact agent Sheldon Salnick at (312) 498-5080 or by email at [email protected]