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August 28, 2008

Archive for the 'Wilmette Real Estate' Category

Condo Sales Soar To New High In Wilmette

Monday, August 18th, 2008 by Jake

The Wilmette real estate market saw one of the best results in years during the second quarter. Sales of condos reached an 18-year high for the quarter.

According to data from the Chicago Association of Realtors, a total of 43 condominiums and lofts were sold in Wilmette during the second quarter, up from 17 units sold during the same period last year. The area was one of just a few suburbs around the Chicago region to see higher sales during the second quarter.

The increase in demand for condominiums in Wilmette led to a marked decline in the average turnover time. If you’re planning on selling your condominium in the area, the average turnover time fell to just 52 days, a six-year low.

Prices were up in the neighborhood. The average sales price during the second quarter rose by 8 percent from the same period last year. The average sales price for the quarter stood at just over $502,000, an all-time high for the city. Wilmette may have seen the last of the slow sales and falling prices that many other parts of the North Shore Chicago Real Estate market continue to experience.

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Several Deals To Be Had At Historic Mallinckrodt In The Park

Friday, July 25th, 2008 by Jake

Buyers are starting to see several discounts for condominiums at Mallinckrodt in the Park. This beautiful condominium development is located at 1041 N Ridge Ave in Wilmette.

Six two-bedroom condominiums have been reduced in price in recent days here. The best deal currently on the market is a two-bedroom and two-bath unit that offers a total of 1,183 square feet of living space. This unit was originally priced at $414,900, but has now been reduced to just $349,900.

If you need even more space, there are also several two-bedroom and 2.5-bath units available. The most affordable unit is located on the fifth floor. This condominium offers a total of 2,180 square feet of living space. The price on this unit has been slashed from $699,900 to $574,900. Other two-bedroom and 2.5-bath condos are priced from $589,900 to $699,900.

Don’t miss out on these incredible condominiums that offer a number of luxury amenities, including granite countertops, stainless steel appliances, and hardwood floors throughout the main living areas. Buyers haven’t seen these kinds of deals for North Shore Chicago Condos in a while, take advantage of these great prices today.

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Luxury Wilmette Condominiums At 611 Green Bay Road

Tuesday, July 1st, 2008 by Jake

If you’re on the market for a luxury condominium in Wilmette, you won’t want to miss out on the incredible new condominiums available at 611 Green Bay Road. This luxury development by JDL Development currently has nine units listed on the market.

The most affordable condominium at 611 Green Bay Road is a one-bedroom and one-bath unit that offers a total of 989 square feet of living space. This condominium has been on the market just 13 days, and is priced at $399,000. Another larger one-bedroom condominium is also available. The 1,131 square foot unit is priced at $465,000.

Floor plans for two-bedroom condominiums start from 1,350 square feet. Pricing for these units range from $569,000 to more than $800,000 for the largest condominium. The biggest floor plan currently available at 611 Green Bay Road is a three-bedroom and 2.5-bath unit that offers a total of 2,674 square feet of living space. This unit is priced at $1.15 million.

Plans call for completion of this luxury low-rise development in 2009. Residents will enjoy the finest amenities on the market, including a gourmet kitchen stocked with an appliance package, hardwood floors, and LEED green certification. This is truly one of the best new condominium developments available on the North Shore Chicago Real Estate market.

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