New South Loop condos more than one-third sold

Construction lenders made an extraordinary vote of confidence in 1345 Wabash when they green-lighted the new condo community without a pre-sale requirement.

1345 Wabash offers an attractive value proposition: high-style, affordably-priced condos in a stellar South Loop location by a developer with a strong track record.

Buyers have recognized the value and rewarded the lenders’ confidence. Sales have passed the one-third milestone, and construction has advanced to the halfway point of the building’s 16-story height. First occupancies are expected early in 2015.

1345 Wabash is the first new-construction condominium in the South Loop in years. One-bedroom condos are pre-completion priced from $227,900 and two-bedrooms from $289,900. Floor plans, detailed specifications and more information can be found at the 1345 Wabash website. The cost of owning a one- or two-bedroom at 1345 Wabash compares favorably with renting a comparable unit.

A sales and design center is open at 1620 S Michigan Ave.

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