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American Invsco is offering affordably-priced units to the last 20 buyers at its conversion high-rise project, Century Tower, 182 W Lake St.
“If you are a single person earning $52,800 or less, or a two-person household earning less than $60,300, you can purchase a studio condominium priced at about $133,000,” says Tom Kearns, project manager for American Invsco. “Buyers with good credit who qualify for the program are eligible to purchase with zero downpayment.”
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How is two people living in a studio a deal?
Depending on the price and location, 2 people living in a studio could indeed actually constitute very good relative value…
Sam: And you’d better value that relative (or friend or whatever) A LOT if you’re going to share a studio! (No bedroom to go to, slamming the door behind, for some “quiet time” after an argument? Eek!)
I guarantee you can get a better deal by renting (nicer place for less money). And as a bonus, not have to live right by a super noisy El track junction.
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