Posts Categorized: Condos/Townhomes

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How Much Does an Elmhurst Condo Cost? Check out Crescent Court

Elmhurst Condos, Crescent Court Located in the heart of downtown Elmhurst and built in 2005, Crescent Court is an Elmhurst condo complex with about 120 units.  Located on York Street within walking distance to the train and the various shops and restaurants, it is one of the more desirable Elmhurst Condo choices.  Units range in size… Read more

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Hamptons of Hinsdale: Luxury Condos and Townhomes for Sale

Looking to live in Utopia?  Then you might want to check out the Hamptons of Hinsdale.  Located near the intersection of 59th and Washington Streets in Hinsdale, the Hamptons plans to offer over 100 luxury units, both townhomes and condos set in a serene park like location with ponds and open space.  The infrastructure and site… Read more

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Elmhurst Condo and Townhome Market Stable

Comparing the one year period of time ending on September 24, 2011 and the same period of time the prior year, the volume of sales has been pretty consistent, with 52 sales of condos/townhomes in Elmhurst this year and 54 at the same time last year.  Sales of distressed properties (foreclosures and short sales) have… Read more

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Comparing Assessments – Part III

As part of my ongoing rant about the high condo assessments in Chicago I’d like to revisit a topic I covered a while ago – what is the appropriate tradeoff between price and assessments? In that previous post I got into some fairly esoteric finance details about discounted cash flows and perpetuities that may have… Read more

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Chicago Case Shiller Index For Condominiums vs. Houses

Earlier this week I received a lot of flack on Cribchatter for focusing exclusively on the Chicago Case Shiller index for Single Family Homes when Chicago’s housing stock is largely condos. Case Shiller provides a separate index for condominiums, though it only goes back to January 1995, while the Single Family home index goes back… Read more