Invest in a Chicago condo: Vision on State November 11, 2007
Posted by envoy51 in Chicago homes, Chicago Investment real estate, Chicago real estate, condos in Chicago, Property in Chicago, South Loop, Uncategorized.Tags: buy a condo in Chicago, Chicago Condos, Downtown Chicago Condos, homes in the South Loop Chicago, invest in Chicago real estate, investment property in Chicago, South Loop condo
add a comment
PROJECT SOLD OUT (UPDATED 6/1/2008)
If you’re looking to invest in the hot downtown Chicago condo market, we found a great opportunity to buy a condo or a number of condos at Vision on State in the South Loop at substantial discounts. In addition, this program has a high “walk in” equity, an assured revenue program and substantial incentives.
Yesterday I meet with one of my savvy real estate investor clients and introduced this new Master Lease Program at Vision on State that just hit the market—his reaction—”this is a perfect investment!” I’ll share some of the details. You can now buy a condo or condos in the Vision on State development at a discount with sufficient guaranteed income for two years that will cover the mortgage payment and all expenses associated with condo ownership. Under the Master Lease Program, you will lease the condo to the seller (a high profile real estate investor group) with guaranteed monthly rental income payments to you for two years. These payments will equal or exceed your monthly mortgage payments.
The following incentives are currently being offered under the Master Lease Program:
- 100% paid property closing costs
- 100% paid mortgage closing costs
- 100% paid property taxes for two years
- 100% paid condo assessments for two years
- 100% paid leasing/management expenses for two years
- 100% paid home warranty for two years
- 100% leasing commissions during the lease term.
If you would like to receive additional information on this great investment opportunity, send me an email at frank@homequestchicago.com.
About Vision on State. Vision on State is a new condo development located at 1255 S. State St. It is a 19-story highrise with 253 units. It is centrally located in the “hot” South Loop and is minutes from Chicago’s Central Business District, the lake, Museum Campus, and Grant Park. Vision on State provide its residents with world-class amenities including a fitness center with the latest cardio and strength training equipment, a swimming pool, a spa, and more. The pricing for condos purchased through this program range from $267,000 up to $397,000.
Take a tour of a condo at Vision on State!
Chicago’s hottest condo market–the South Loop November 7, 2007
Posted by envoy51 in Chicago real estate, condos in Chicago, Real, South Loop, Uncategorized.Tags: Chicago condo, Chicago real estate, homes in Chicago, invest in a Chicago condo, South Loop condos
add a comment
As Chicago’s s fastest growing neighborhood, the South Loop dominate the downtown condo market and has outperformed all other downtown areas in terms of new projects. The South Loop is attracting suburbanites looking for downtown weekend home, young professionals, empty nesters and condo investors. The South Loop will continue to dominate the housing market in 2008 and will account for over 27% of all residential activity.
I was with a condo investor today and we visited several developments. The first on our stop was Museum Park Place located at 1841 S. Calumet. It has 359 units 2-bedroom units ranging in price from $359,000 to $550,000. The views are spectacular with east units having “protected” never-ending lake views. Building amenities include a fitness center, meeting/party rooms, a roof top pool, and 24/7 doorperson. Take a look at the view from one of the condos for sale in Museum Park Place. Take a quick tour!
The second stop was at the 1720 S. Michigan, a new 33 -story condo development. Units feature tall ceiling with concrete surface, floor-to-ceiling windows, European-style kitchens, solid hardwood oak floors and more. This development offers a great opportunity for first- time homebuyers and investors. Price range: 1-bed from $200,000 to $280,000; 2-bed from $270,000 up to $400,000. Take a tour of a condo at 1720 S. Michigan.
We’re scheduled to visit several other condos in the booming South Loop tomorrow.
200 North Dearborn–a hot new condo conversion in downtown Chicago November 6, 2007
Posted by envoy51 in Chicago real estate, Chicago Theater District, condos in Chicago, Real, Uncategorized.Tags: 200 North Dearborn, Chicago condo, Chicago real estate, condos in Chicago, Downtown Chicago condo
add a comment
I think I’ll be spending a lot of time at the 200 North Dearborn project, one of the hottest condo conversions in downtown Chicago. 200 North Dearborn is centrally located in the beckoning lights of the Theater District. It is a 
200 North Dearborn is a great place to live as well as a great place to invest in the Chicago condo market. Prices range from about $271,000 to $549,000. The developer is offering some of the best incentives in the industry. For example, parking spots are valued at $45,000 and are being offered for $5000. Another great incentive is the 24/24 where the developer will pay 24 months of assessments on the unit and 24 months real estate taxes.
In addition to its unparalleled location, 200 North Dearbornhas world-class amenities, including a heated indoor pool, 24/7 doorperson, a state-of-the arts fitness center, business services, and party rooms.
Interesting fact: 200 North Dearborn has enclosed access to the Chicago Pedway, which provides direct access to retail, food courts, the “L” stations, and many office buildings, including the Aon, the Thompson Center and the Leo Burnett building.
A Visit to 340 On The Park November 4, 2007
Posted by envoy51 in Chicago real estate, condos in Chicago, Lakeshore East, Millennium Park, Real, Uncategorized.Tags: 340 On The Park, Chicago Condos, Chicago real estate, Downtown Chicago Condos, Lakeshore East, Millennium Park condos
add a comment
//
Today I had several showin
As Chicago’s first “green” residential tower, it has 61 stories with 344 residential units with prices ranging from $550,000 to $2,025,000. There are a few condos for rent from private owners/investors that are available for immediate occupancy. Montly rental rates: 1 bedroom from $2400 to $3000; 2-bedroom from $3500 to $5000.
The views from the units are magnificent and breathtaking!!!! To the east is Lake Michigan. South views include Grant and Millennium Parks, Buckingham Fountain and Museum Campus. To the the west, the beckoning lights of the Theater District. To the north, Harbor Park, Navy Pier, and the Chicago River.
340 On The Park has world-class amenities, including a 25-yard lap pool, a fitness center with the lastest cardio and weight training, a sunna and steam room, 24/7 doorperson, a Winter garden and much, much more.
Interesting Fact: Touting itself as the first “green” residential tower in Chicago, 340 On The Park has an 11,000 gallon tank for storing rainwater and for watering the landscape. It has special glass to reduce heat absorption and loss. In addition, it has plants on the roof to reduce rainwater runoff.
If you would like to arrange a visit to see available condos for sale in the 340 On The Park building, contact us and we’ll provide you with an up-to-date listing of condos currently for sale. Use our comprehensive and robust condo search engine to find the perfect Chicago Condo!</a> Take a tour of a luxury condo!
