New condos nearing completion on Wellington

New 3-bedroom, 2 ½ bath condos were nearing completion at 2806 W Wellington when I stopped by just over a week ago. Melissa Govedarica of Sergio & Banks is representing the project.

The homes are priced from $409,900 and, like many smaller infill projects, they’re not yet listed in the Multiple Listing Service (MLS).

Developments like this one have been selling pre-completion recently throughout much of the north side of Chicago. If you’re relying on alerts mediated by a broker through the MLS, you’re likely to miss out on many new construction opportunities.

If you’re locked into buying in a particular area, you should make a street-by-street survey of the area periodically to see what’s new. You can also monitor new building permits via the city’s online database.

A third way to tune in to the new homes market is to check in with brokers who concentrate on that segment of the market. Sergio & Banks, for example, is currently representing twenty new developments and its agents are aware of more that are in the pipeline.

Note: Sergio & Banks is a YoChicago advertiser.

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