The condominium market is ramping up in Chicagoland amid improving market conditions. But a glaring lack of inventory continues to frustrate suburban buyers who have found their options to be very limited.
One area where condominium inventory is particularly tight is the northern suburbs. In Vernon Hills and surrounding suburbs, the average Months’ Supply of Inventory for condominiums and townhomes fell below 3 months in January – down 29 percent from the year prior.
However, suburban condo buyers are finally getting some relief. Minneapolis-based The Opus Group and its exclusive sales and marketing agency, @properties, have begun sales for 58 luxury condominiums at Port Clinton Place.
Located at 1199 E. Port Clinton Rd., on the border of Vernon Hills and Lincolnshire, Port Clinton Place offers maintenance free living and spacious one-, two-, and three-bedroom floor plans with 1,036 to 2,187 square feet. Homes are available for immediate delivery in the building, which was completed in 2010. Prices range from $220,000 to $525,000, including one or two heated indoor garage spaces.
Residences at Port Clinton Place have upscale features including 9’ ceilings; granite countertops; Brookhaven by Wood-Mode cabinetry; GE stainless steel appliances; Kohler bath fixtures, walk-in closets and private balconies with pond views.
According to Terry Wilkowski of @properties, the community’s location is unparalleled. It’s within the nationally-ranked Stevenson High School and Lincolnshire-Prairie View Elementary School districts, and steps from shops and restaurants at the Vernon Hills Town Center and Village Green of Lincolnshire. There are a number of recreational amenities nearby, including golf courses and parks, and the Half Day Forest Preserve. Interstates 94 and 294 and Metra’s North Central line are also easily accessible for commuters.
“Port Clinton Place is a great mix of luxury and convenience,” said Sean Spellman, vice president and general manager of The Opus Group. “The floor plans are big, the finishes are upscale, and the lifestyle amenities surrounding the community are among the best in the northern suburbs.”
For more information or to schedule a showing of the decorated models and available condominiums, visit www.1199PortClinton.com or call 847-682-1549.