Deal of the day: Fletcher Row offering six months of principal and interest payments

by Jeremy Schnitker on 5/29/09

Fletcher Row, 2424 W Fletcher Ave, ChicagoAccording to a report in today’s Chicago Tribune, Fletcher Row, a 20-unit townhouse development at 2424 W Fletcher Ave in Hamlin Park, is offering buyers six months free mortgage principal and interest payments, an incentive valued at $10,000.

The development has three- and four-bedroom units with 3 or 3.5 baths ranging from the $490s to $740s.

Back in December we reported that developer Bluestone Development cut prices and was offering offering seller financing with a down payment as little as 10 percent and interest rates as low as 4.99 percent.

Related posts:
Chicago’s best new homes in 2008 (Nov. 4)
Touring a Fletcher Row townhouse (March 25)

Model at Fletcher Row, 2424 W Fletcher Ave, Chicago Model at Fletcher Row, 2424 W Fletcher Ave, Chicago

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{ 9 comments }

Carter 6/1/09 at 8:16 AM

“Hamlin Park”? man, not even the developer is making that much of a stretch:

http://www.fletcherrow.com/neighbor.php

Joseph Askins 6/1/09 at 8:51 AM

We go over this every time the topic of Fletcher Row comes up, Carter, and you’ve chimed in on it repeatedly: http://yochicago.com/today/townhouses/fletcher-row-models-now-open-in-hamlin-park_6609/

It’s not a perfect designation, as we’ve all noted. Nor is it a neighborhood identification that we’re attempting to brand or promote; in the absence of a suitable, agreed-upon name, we’ve tended to follow the lead of the Hamlin Park Neighbors’ banners. Maybe its best to go with the community area name in this case and call it North Center, but I wouldn’t be surprised if someone came out of the woodwork to dispute that, too.

Carter 6/1/09 at 2:15 PM

Joseph, again, “Hamlin Park” wasn’t even included in the listing.

Clearly, you are trying to brand it, you had some problem with using the description the listing had, or I suppose it’s possible you really believe that street banners have some official standing.

It’s a nice area, I’m just telling you that as a guy who spent a long time looking at homes, I didn’t like descriptions that didn’t match reality.

Joseph Askins 6/1/09 at 2:38 PM

Carter:

You’ve read YoChicago long enough to know that we don’t heed listings when it comes to identifying neighborhoods. We consistently call out the West Bucktowns and West Roscoe Villages when we see them, and you know this.

I have a neighborhood list that I go by when I’m writing and editing posts for Yo. It’s long and quite comprehensive, and it was put together long before I ever got here. (You can see an online version of it at NewHomeNotebook.) We’ll take your argument into consideration the next time we tweak the list, I’m sure — and as I’ve already said, we’ll probably stick with the larger community area identification for this sliver of town until we can determine the best thing to call it (Joe suggested “WeWe,” which works fine for me) — but cool it with the notion that we’re attempting to distort reality.

Joe Zekas 6/1/09 at 5:31 PM

Carter,

I’ve been aware of and in sympathy with your concern about mislabeling of neighborhoods. As Joe pointed out, we don’t automatically accept Realtor neighborhood designations.

Given your concerns, I’m surprised that you aren’t upset about how Fletcher Row’s Web site characterized its neighborhood. The project’s nearly a mile from the nearest point in Lake View, is across several major geographic barriers (Western Ave and Belmont Ave) from Roscoe Village, and the isolated pocket in which it sits bears no resemblance to Roscoe Village whatsoever.

I know the area around Fletcher Row well. If I didn’t, and had been induced to go there by the copy on Fletcher Row’s Web site, I’d be furious. Fletcher Row’s location is an entirely different world than the one described at its Web site.

And, if you get a chance, check out my Google Knol on Chicago neighborhood boundaries.

Carter 6/2/09 at 7:40 AM

I understand what you guys are saying, and I’ve been around this site long enough to at least appreciate that you folks actually do in fact consider opinions like yokels like myself. So here’s the question – why not call this Avondale, which is surely what is a closer match in terms of what it is, now, or simply come up with a new name for it (WeWe? umm…)? I’d agree it’s pretty much a no-man’s land at the moment, and “Industrial River Village” may not have the same cache to others it does to me.

Joe Zekas 6/2/09 at 12:18 PM

Carter,

Avondale is across the river and generally a more desirable area.

Industrial Park / Industrial River Village is a lot closer to the reality of this patch of North Center.

Joe Zekas 6/2/09 at 2:41 PM

It just occurred to me that a better name for the area would hark back to its past and look to its immediate future. It’s just across Belmont from the former site of Riverview Park and is currently largely industrial, and appears likely to remain so.

Let’s call it Riverview Industrial Park, abbreviated to R.I.P.

Carter 6/2/09 at 2:57 PM

zing!

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