Crib Chatter reports that over the weekend "bank-liquidation pricing," ranging from 25 to 30% off, started on the remaining available units in the new-construction high-rise RD 659, at 659 W. Randolph in the West Loop.
Sample reductions:
01 Tier: 2 bedrooms, 2 baths, 1147 square feet, parking included: Reduced from $459,000 to $341,000 (26%) and from $492,000 to $367,000 (25%)
Tier 05: 1 bedroom plus den, 2 baths, 988 square feet, parking included: Reduced from $409,000 to $293,000 (28%) and from $421,000 to $301,000 (29%)
Tier 18: 1 bedroom, 1 bath, 840 square feet, parking included: Reduced from $342,000 to $254,000 (26%) and from $369,000 to $260,000 (30%).
Chris McComas at @Properties is handling sales. According to his latest stats, 25 units have closed, but the building is 51% sold.
See pictures of the model unit here. See floor plans at the RD 659 website. See more pricing details here.
Monday, June 1, 2009
Prices Reduced 25-30% at 659 W. Randolph
Posted by Ric Cox (Ric14@aol.com) (Twitter @RicCox14) at 9:14 AM
Labels: Agents, Appraisers, Bargains, Brokers, Buyers, Developers, Lenders, New Construction, Owners, Sellers
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