Benchmark Chicago Collection: Lincoln's Park Newest Luxury Home & Condo Development
Posted by Helaine Cohen on
With so much new construction news filling out headlines these days, it’s easy for some projects to fall a little under the radar, which to some degree is the case with one of Lincoln Park’s newest luxury developments—The Benchmark Chicago Collection.
Located along a fabulous stretch of Magnolia Avenue, The Benchmark Chicago Collection is a stunning collection of luxury single-family homes and condos that are designed by award-winning Noah Properties.
As you might expect, units at The Benchmark Collection are sleek, modern, and stylish, both on the interior and exterior of each individual home or building. Typical features include chef’s kitchens with premium appliances and custom cabinetry, jaw-dropping spa-quality bathrooms, garage parking, and…
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A substantial portion of the Terrazio condo building has been put up for sale, according to a recent report from Crain’s Chicago Business. The lender that seized the failed condo development is now looking to sell 165 units inside the building that are currently being rented.
Sitting right on the edge of Lakeview and Lincoln Park, two of the north side’s more prominent neighborhoods, a small but stunning boutique condo development has quietly hit the market, still offering pre-construction prices that should excite any luxury condo buyer looking to buy outside of downtown.
It’s been a little while since we’ve checked-in on The Sinclair, which aims to be one of the premier apartment towers to hit the Gold Coast market in recent memory once finally finished. Back in May of 2015, roughly two years after renderings for the project were first released, news broke about the project officially moving forward and eventually replacing the Jewel-Osco store and parking lot that once occupied the building site at 1210 N. Clark Street.
Think you might be in the market for a new luxury loft in or around downtown Chicago in 2017? If so, you’ll likely find the available inventory is a little tight right now, especially among lofts for sale over $1 million.
If you haven’t noticed all the cranes scattered around the Chicago skyline in 2016, chances are you’ve been living under a rock. After a slow climb out of the most recent housing downturn, new construction made a huge comeback around downtown Chicago over the last 12 months, especially when it comes to large-scale high-rise developments right in the heart of the city.
As we inch closer to 2017, new construction condos in Chicago are still lacking somewhat from an inventory standpoint; but if you’re looking for a unique opportunity in a boutique building-setting, there are still several opportunities available at The Stanton.
According to recently released numbers from the Illinois Association of REALTORS®, home sales all throughout the Chicago area saw significant gains in November compared to this year. It the entire 9-county region, the market saw just under 7,000 sales last month, which is up a jaw-dropping 16% compared to November 2015.
If you’re thinking about buying a Chicago condo soon, there’s certainly much more to consider than just location and price. As a Chicago condo specialist, my team and I help so many buyers each and every year find a condominium residence that fits the needs and wants of each individual buyer, which also means walking them through the process of determining what makes each potential unit a savvy investment. So before signing on the dotted line, here are a few things to keep in mind when buying a condo in Chicago: