Choice cuts: $6,000 to $310,000 off original prices at Walton on the Park

Hat tip to CribChatter for discovering a new round of price cuts at Walton on the Park, 2 W Delaware Pl.

The new prices, rolled out yesterday, are anywhere from $6,000 to $310,000 lower than their homes’ original amounts. Every unit on the MLS got a price cut; for many, these were the first price changes of any kind since marketing began back in February 2007.

Condos currently listed at Walton on the Park include:

One-bedrooms:

• Two with 920 square feet, once priced in the $570s, now priced in the $460s and $470s.
• Five with 945 square feet, once priced from the $550s to $600s, now priced from the $510s to $550s.
• One with 965 square feet, once priced in the $490s, now priced in the $430s.
• One with 1,000 square feet, once priced in the $540s, now priced in the $500s.

Two-bedrooms:

• Five with 1,280 square feet, once priced from the $810s to $880s, now priced from the $670s to $700s.
• One with 1,416 square feet, once priced in the $870s, now priced in the $760s.
• One with 1,520 square feet, once priced at $1.1 million; now priced in the $850s.

Three-bedrooms:

• Five with 1,920 square feet, once priced from $1.25 to $1.44 million, now priced from $1.14 to $1.24 million.
• Three with 2,165 square feet, once priced from $1.36 to $1.43 million, now priced from $1.17 to $1.35 million.
• Two with 2,335 square feet, once priced at $1.46 and $1.47 million, now priced at $1.35 and $1.36 million.

Four-bedrooms:

• One with 3,435 square feet, once priced at $2.74 million, now priced at $2.43 million.

The cuts bring the average price per square foot in the building down from $650 to $568.

Since closings began in June, Cook County has recorded just 27 sales in the 198-unit high-rise, ranging from the $490s to $2.2 million. As many as 93 units were designated as “under contract” on the MLS prior to the building’s completion, but right now Redfin shows no homes under contract at the building.