Jan
16

565 W. Quincy Offering Steep Discounts For Chicago Condos

January 16, 2010

Belgravia Group’s West Loop Chicago condos are seeing major discounts in the Quincy Condominium LLC 241 unit building.  Prices are up to 30% off an already great value steps from downtown Chicago.  Located just west of Union Station between Jackson Boulevard and Jefferson Street, 565 Quincy is a great reuse of an existing building of Chicago real estate.

The building features a new-construction 11-story tower built on top of an existing seven-story concrete loft building. The two styles give buyers a choice of more than 30 floor plans ranging from 547 to 1,335 square feet and offering one to two bedrooms and one to two baths in the shadow of the Willis Tower.

New pricing goes into effect Saturday, January 16 will save Chicago home buyers anywhere from 15 percent to 30 percent depending on the unit tier and floor. Here are a few examples:

• A junior one-bedroom, one-bath condominium in the tower, which was selling for 201,000 is now priced at $164,000, a discount of $37,000
• A 795-square-foot one-bedroom, one-bath condominium in the tower, which was selling for $297,000, is now priced at $217,540 with free parking, a discount of $79,460.
• A 981-square-foot one-bedroom-plus-den, 1.5-bath loft, which was selling for $383,400, is now priced at $301,520 with free parking, a savings of $81,880.
• A 1,227-square-foot two-bedroom, two-bath in the tower, which was selling for $440,900, is now priced at $331,425 with free parking, a savings of $109,475.

Overall, prices range from the $150,000s for junior one-bedrooms in the tower to the $370,000s for two-bedroom, two-bath lofts. A garage parking space is included with most floor plans.  565 Quincy is FHA-approved, allowing qualified homebuyers to purchase with as little as 3.5% down.  The building also has a number of distinctive amenities not available in any other new development in the city. The centerpiece is The Q Room, an 11,000-square-foot recreation area with two bowling lanes; an indoor putting green; a movie theater; pool, ping-pong and foosball tables; a lounge area; and a fitness center with cardio and weight training equipment. Other amenities include a sundeck with catering kitchen, a 24-hour doorman, heated parking garage and bicycle storage.

The sales center and decorated models are located on site at 565 W. Quincy. For sales information, visit 565 Quincy or call 312-207-0007. Follow 565 Quincy on Facebook at http://www.facebook.com/565Quincy.

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.

2 Comments

1

Check out this video of Jacob Kaufman talking about the new prices and showing off the ‘Q room’. http://ning.it/6MDXaA

2

[...] days immediately following the deadline for the credit, with new contracts on six condominiums at 565 W. Quincy and three townhomes at Union Row between May 1 and May [...]

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