Wednesday, September 12, 2007


Property Values
What You Get for... $550,000


By ANNA BAHNEY
Published: September 12, 2007



Chicago
WHAT: Two-bedroom, two-bath condominium in the 101 West Superior building
HOW MUCH: $559,000
PER SQUARE FOOT: $421
SETTING: Built in 2004, this 12-story 48-unit condo building is in the River North area of Chicago. The building is within walking distance of the Lake Michigan waterfront and restaurants, shops, theaters and art galleries.
COMMON SPACES: This 1,325-square-foot contemporary condo has 10-foot-high ceilings and walls of glass in the combined living and dining area. The corner view faces north and west. The kitchen, with stainless steel appliances and a granite counter, has a breakfast bar and is open to the great room.
PERSONAL SPACES: The bedrooms are on opposite sides of the apartment. The two full baths have stone vanities.
OUTDOOR SPACE: A balcony, with space for a table and chairs, can be accessed from the living room.
AMENITIES: There is a gas fireplace in the living room. The building has a full-time doorman, and the unit comes with one indoor parking space.
TAXES AND FEES: Taxes are $8,342 a year and maintenance is $753 a month; both figures include fees for the parking spot.
CONTACT: Anna Pesce, Rubloff Residential Properties (312) 368-5300; http://www.rubloff.com/

Lihue Kauai, Hawaii
WHAT: One-bath waterfront studio in a condo-hotel in the Hilton Kauai Beach Resort
HOW MUCH: $470,000 (reduced from $550,000)
PER SQUARE FOOT: $1,530
SETTING: This oceanfront condo in the Hilton Kauai Beach Resort has unobstructed views of the Pacific. The resort, on the southeast side of Kauai, has a white sand beach and is near lagoons and waterfalls.
COMMON SPACES: This second-story 307-square-foot condo is sold furnished, and with a king-size bed.
PERSONAL SPACES: One full bath.
OUTDOOR SPACE: A lanai with views of the ocean.
AMENITIES: The resort has three pools, two outdoor spas, fitness center, business center, two restaurants and two bars.
TAXES AND FEES: Taxes are $3,511 a year and maintenance is $740 a month.
CONTACT: Lynda Charlson, Sleeping Giant Sotheby’s International Realty (808) 635-7110; http://www.sleepinggiant.com/

Wiscasset, Me.
WHAT: Two-bedroom two-bath condo in the Point East Maritime Village Square, a residential development.
HOW MUCH: $549,000
PER SQUARE FOOT: $450
SETTING: This soon-to-be-built 1,218-square-foot condominium will be in an 18-unit brick and granite building overlooking the Sheepscot River. The development, an hour north of Portland, will have 140 condos in five midrise piers, custom-built single-family detached cottages, a 239-slip marina, and a commercial area with restaurants, shops, galleries and outdoor outfitters.
COMMON SPACES: The layout has a combined living and dining area with views of the river.
PERSONAL SPACES: Both bedrooms have river views. The master bedroom has a walk-in closet.
OUTDOOR SPACE: A balcony, with river views, will be accessible from the master bedroom and living room.
AMENITIES: The development will have walking trails and a fitness center.
TAXES AND FEES: Taxes and fees have not been assessed. This unit will be in the first 18-unit waterfront building, Pier One. Once 50 percent of the units are sold, ground will be broken.
CONTACT: Poe Cilley, Legacy Properties Sotheby’s International Realty (207) 882-8098; http://www.pointeastmaine.com/

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