West Loop High-Rise Condos – Selling Fast

June 08, 2009
R+D 659

R+D 659

The latest high rise condo development to gain traction in today’s Chicago real estate market is the R-D659 building located on Randolph and Des Plaines.  Going for the modern, contemporary look in the bustling near westside neighborhood, these condos provide the working professionals walking access to work and world class entertainment.  Mesirow Financial Real Estate, Inc., developer of this 17-story building and University Village neighborhood for the University of Illinois at Chicago, is responsible for an astonishing 12,000 residential units in its 34-year history.

The unusually named R-D659, has a variety off floorplans and sizes to attact many different types of Chicago homebuyers.  Small convertible units, 1 bedroom, 1 bedroom plus den to two bedroom units featuring contemporary finishes for the “comfort and vitality in a cutting edge jewel box of modern design.”  What has really attracted buyers lately is their “Stimulate On This” promotion dropping prices of some units more than $100,000.  For the first-time buyer utilizing the $8,000 federal tax credit, the opportunity to take the plunge into Chicago real estate has never been better.  Just in the last week, Mesirow Financial Real Estate reported selling 30 residences due to this promotion.

One bedroom condominiums once listed at $346,000 are now going for $237,000.  A one bedroom plus a den was listed at $400,000 are now listed at $293,000 and a two bedroom was listed at $459,000 is now listed for $341,000.  All these reductions include a FREE parking space.  If you work in the nearby Loop, you might not even need a parking space because EVERYTHING you might need is right outside your door.  To world class restuarants and shopping to the Ogilive transporation center, you can enjoy everything downtown Chicago has to offer.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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