Chicago Deal of the day: Lincoln Center

Lincoln Center, 2472 W Foster Ave

As part of a developer closeout, S&S Home Builders is offering a trio of incentives on Lincoln Center, a 36-unit development at the northeast corner of Lincoln and Foster avenues. Buyers can choose from:

  • A 2-1 mortgage buy-down, with interest rates 2 percent under market rate for the first year and 1 percent under market rate in the second year
  • A quarter of a percentage point buy-down on any adjustable-rate or 30-year fixed-rate mortgage for the life of the loan. Buyers must finance the purchase through the developer’s preferred lender.
  • 2 percent off the price of the condo, to be used for closing costs

Construction is wrapping up on the four-story building at 2472 W Foster Ave, according to George Schultz of @properties, which is marketing the project. A dozen one- and two-bedroom units are available for immediate occupancy. Prices range from $274,900 to $349,900.

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