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Vol. 4, Iss. 10, New Construction: The Front Street Lofts, Lemont

by Chicago Agent

Located on the newly created Front Street along the I&M Canal in downtown Lemont, The Front Street Lofts will consist of four five-story buildings with 82 loft residences, 24,000 square feet of retail space and a 262-car parking structure. The project is being developed by the Marquette Companies in conjunction with the Lemont Downtown Redevelopment Project. First move-ins are expected in fall 2007. Lofts measure from 863 to 2,232 square feet and include studio, one-, two-, and three-bedroom designs with one to two-and-one-half baths. Base prices range from the low-$200,000s to the upper-$400,000s, and include one parking space.

Buyers can choose lofts that feature either combined or separate living/dining rooms, depending on their lifestyles. In kitchens, all homes offer preparation islands or peninsula bars. Some of the two-story plans have a den or multi-purpose room, which serves as a great room. And, with as many as three bedrooms and more than 2,200 square feet of living space, some two-story plans are large enough for young families who are looking for an urban lifestyle.

The Front Street Lofts feature other authentic loft details, including 10-foot ceilings, exposed steel or painted ductwork, track lighting and concrete or hardwood floors, per plan.

The homes also come with a deluxe package of interior finishes. All lofts have stainless steel appliances; granite countertops in the kitchen and master bath; maple cabinetry; stained concrete or hardwood floors; in-home washer/dryer hookups; and high-speed Internet access.

One of the larger homes available at The Front Street Lofts is Plan C4, a 1,706-square-foot, two-story loft with one bedroom and two baths. Base-priced at $395,900, this home features a large multi-purpose room that opens into the centrally located kitchen with preparation island. On the other side of the kitchen is a separate living room, which opens onto a balcony. A full bath and washer-dryer are also on the main level.

Upstairs, the loft measures almost 15 feet by 19 feet, and includes a walk-in closet and master bath with a walk-in shower and double-bowl vanity. A loft office is located in the opposite corner of the second floor.

There are also six plans for buyers desiring single-story living, such as Plan A6, a one-bedroom, one-bath home base-priced at $265,900. Measuring 1,043 square feet, it is the largest single-level loft and offers a master bedroom walk-in closet, plus both living and dining areas.

The Front Street Lofts is the first of four phases of the Lemont Downtown Redevelopment Project, one of the first comprehensive “town building” projects in Illinois. Through a public/private partnership between Marquette Companies and the Village of Lemont, the $250 million mixed-use development will bring retail, residential and office space to a historic location along the I&M Canal.

Located less than 30 miles southwest of Chicago along Interstate 55, Lemont has a population of 15,000 residents. The community is home to several well-known attractions, including Cog Hill Golf Club, home of the PGA Tour’s Western Open and the Hindu Temple of Chicago. Commuters are a 50-minute ride from downtown Chicago via the Lemont stop on Metra’s Heritage Corridor line.

For more information, visit lemontlofts.com or call 630.243.6162.

THE FRONT STREET LOFTS
Location Lemont
Housing Type Loft
Number of Units 82
Number Sold 27
Delivery Date Beginning fall 2007
Price Range From the low-$200,000s – upper- $400,000s
Co-op 2.5%
Developer Marquette Companies in conjunction with the Lemont Downtown Redevelopment Project

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