According to our New Home Notebook, the North Side has fewer projects with homes priced at or below $250,000 than any other area in town (those other areas being the Loop / downtown and the Far North, Northwest, West / Southwest and South sides).
Many of the North Side’s starter homes are in large conversions – think back to Kroupa Development’s 252-unit Sheridan Tower and 143-unit 3033 North Sheridan, both in Lakeview East.
One conversion we haven’t written about is Polo Tower, a 189-unit rehab at 4180 N Marine Dr in Uptown. The project still has 83 one-bedroom / one-bath condominiums available, all priced from the $160s to the $220s, according to @properties agent Ginger Bonneau.
Units have been reconfigured from their original apartment designs in order to add more closet space, Bonneau says. Every home has been finished with granite breakfast bars, stainless-steel appliances, shaker-style cabinets, marble bathroom vanities, and cast-iron bathtubs.
Building amenities include a rooftop deck, a new laundry area (units do not have washer / dryer hookups), a dry cleaner, on-site management and two full-time building engineers. Rental parking is available for $150 to $200 per month.
Marine and Lake Shore drives are immediately east of the building, meaning that residents on the eastern side of the Polo Tower should have unobstructed views of Lake Michigan and Montrose Harbor. Bonneau says the northern views are just as impressive, and south-facing units get “at least a slice of the lake, plus great sunlight.”
