These are the largest and most luxurious townhomes in Bucktown. They are bigger and nicer than a lot of single-family homes in the neighborhood. Wabansia Row is a phenomenal value at these new prices
Chicago, IL (Vocus) June 22, 2010
@properties and Origin Development have lowered prices on townhomes in Bucktown at Wabansia Row, an 11-unit enclave of high-end townhomes located on Wabansia Street in the upscale Bucktown neighborhood on Chicago’s North Side.
One of the only new-construction townhome developments on the North Side, Wabansia Row offers townhomes in Bucktown with four levels of living space, three to four bedrooms, 4 .5 baths and attached two-car garages. The new lower prices range from $699,900 for a three-bedroom floor plan with 3,096 square feet – a savings of $100,000 – to $949,000 for a four-bedroom floor plan with 4,655 square feet.
In addition, the developer is offering a special 3.875% interest rate on a jumbo 5-year ARM through its preferred lender Guaranteed Rate (http://www.guaranteedrate.com). Three of the 11 townhomes at Wabansia Row are available for immediate delivery.
“These are the largest and most luxurious townhomes in Bucktown. They are bigger and nicer than a lot of single-family homes in the neighborhood. Wabansia Row is a phenomenal value at these new prices,” said Tony Madonia of @properties, the exclusive sales and marketing agent for the development.
“At Wabansia Row, there’s plenty of room to grow into your home and remain for a very long time. It’s the perfect option for people who want a low-maintenance lifestyle in a great neighborhood with all the features and square footage of a single-family home,” said Lisa Madonia of @properties, who is co-marketing the development.
High-end finishes at Wabansia Row include gourmet kitchens with Viking and Bosch stainless steel appliances; 1.25-inch granite countertops and 42-inch designer cabinets. Master baths have large whirlpool tubs; steam showers; Hansgrohe fixtures; marble or limestone vanity tops; and marble or limestone tile. Homes also include dual-zone heating and air conditioning, smart-home wiring, large rooftop terraces, and wood-burning fireplaces with gas starters.
Few Chicago neighborhoods have weathered the housing downturn like Bucktown, which has seen its popularity continue to rise among upscale city homebuyers. The latest data from BrokerMetrics® and Midwest Real Estate Data, LLC shows Bucktown’s median sales price has climbed steadily for four straight months and is up 1.5 percent from May 2009 to May 2010.
“Bucktown is as hot as it’s ever been. It’s got a great vibe that you just don’t find anywhere else in the city. The combination of upscale living along with the boutiques, restaurants, bars and arts scene is very unique. And Wabansia itself is a great street. Within the past few years, the city has built a new public library and a new park on the street,” said Tony Madonia.
Bucktown is also one of the most convenient city neighborhoods in terms of transportation, with access to the Loop and O’Hare via the CTA Blue Line ‘L and Interstate 90/94, and access to the north and northwest suburbs via the Metra.
Wabansia Row is open Saturday and Sunday from 1 p.m. to 4 p.m. and by appointment. The development features a decorated model.
About Origin Development
Chicago-based Origin Development, LLC, and its affiliated companies, Origin Capital Partners, LLC, and Origin Realty Group, LLC, provide a range of services including loan acquisition, loan origination, asset management, development and receivership for a variety of commercial and residential real estate assets. For more information, visit http://www.origincapitalpartners.com.
Established in 2000, @properties is the #1 real estate brokerage firm in Chicago. In addition to development sales and marketing, @properties operates full-service residential and commercial brokerage divisions; @properties Relocation; @properties Property Management for residential and commercial real estate; and @properties ISG, specializing in brokerage and asset management of distressed and REO properties. The company has seven Chicago-area offices: Bucktown, Lakeview, Lincoln Park, River North, Streeterville, Evanston and Winnetka. For more information, visit http://www.atproperties.com.
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