222 East Pearson finds it's bottom
Pearson on the Park
Great real estate opportunities that are not available in every economic season -- are often uncovered during the most uncertain of times in each economic cycle.
Consider Chicago's downtown real estate market, for instance.
Ted Guarnero, the dean of the Chicago lofts market, is quoted in a recent edition of Chicago Real Estate Daily discussing 222 East Pearson, a Streeterville condo development recently turned over to new investors who are pricing the remaining units to the current market.
A market featuring truly extraordinary values.
Ted points out that prices at Pearson on the park like these will likely translate into the sort of equity growth only those who get in at the bottom of a market typically realize. "I really do believe at these prices that somebody who’s going to live in (a condo) two to three years is going to make some money,” says Ted. And that may in fact be vastly understating the potential. The new ownership group is offering its condos for 25% to 40% below their original prices, and doing this in Streeterville -- of all downtown neighborhoods, perhaps the one most sought after by those who savor all that upscale urban living can deliver.
Besides being perfectly situated along Chicago's always fashionable lakefront, Streeterville shares with all the downtown area access to all of the best that an exciting city has to offer, while at the same time providing quick and convenient access to key transportation arteries.
Imagine Michigan Avenue, the Near North Side, and major parks and beaches -- all just outside your door. Plus the very finest in restaurants and trendy evening venues. And with Mother Nature providing her natural "lake effect" cooling, to turn the warmest of summer days into perfect conditions for those pleasant summer evening jaunts. Streeterville certainly has much to offer those lucky enough to call its cozy streets home.
If you've ever dreamed of enjoying the convenience of downtown living, there's no better time than now to meet Ted and to discuss today's opportunities in this most attractive of downtown Chicago neighborhoods.
Believe me -- you were made for the lakefront lifestyle! For a private showing of Pearson on the Park call Ted Guarnero @ 1312-810-6693 www.seechicagorealestate.com