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Old 04-16-2015, 11:16 AM
 
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Quote:
Originally Posted by marothisu View Post
Where were you looking? There's many downtown under $300K. There's a 2 bedroom place right near me for I think $299K around Chestnut and Wabash. I have a friend looking for studios and 1 bedrooms and he's finding many around $200K-$250K in the Gold Coast area.
lakeshore east, south loop, river north
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Old 04-16-2015, 11:19 AM
 
Location: Upper West Side, Manhattan, NYC
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Quote:
Originally Posted by tjasse View Post
lakeshore east, south loop, river north
Should look at Gold Coast area just north of Chicago Ave. You'll find some good deals there - and also River North though they get snatched up pretty fast.
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Old 04-16-2015, 11:30 AM
 
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tbh i decided i don't want a hi rise condo, maybe something more like a warehouse conversion or something out in the bungalow belt.

As far as the OP goes, I guess it depends on what he means by 'downtown.' Even in the areas I mentioned there are older condos for $200K.

Last edited by tjasse; 04-16-2015 at 11:43 AM..
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Old 04-16-2015, 06:46 PM
 
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Quote:
Originally Posted by tjasse View Post
tbh i decided i don't want a hi rise condo, maybe something more like a warehouse conversion or something out in the bungalow belt.

As far as the OP goes, I guess it depends on what he means by 'downtown.' Even in the areas I mentioned there are older condos for $200K.
If this is what you want, the last places you should be looking are lakeshore east, south loop, river north.
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Old 04-16-2015, 07:21 PM
 
1,188 posts, read 1,465,381 times
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Quote:
Originally Posted by Carson9 View Post
If this is what you want, the last places you should be looking are lakeshore east, south loop, river north.
Yes, that is why i am no longer looking in those areas. Last summer I thought I wanted to live in a high rise, though. There actually are a lot of warehouse conversions in the west part of River North over by the river.
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Old 04-17-2015, 06:09 AM
 
Location: Hickory Hills
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The nicer ones will be in that price range yes, but as others have replied you can find properties in downtown Chicago for cheaper prices.

It's not that simple though, since taxes and HOA fee's are not included in pricing. For example, you might find a condo that's $400k but taxes might be $9k/year and HOA fees might be $1300/mo, this is in addition to your mortgage payment.

I'd go with a realtor, they are a free service for buyers. Hope this helps, good luck!
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