Construction checkup: Astoria Tower

Astoria Tower, 8 E 9th St, Chicago

Rendering of Astoria Tower, 8 E 9th St, ChicagoThe Astoria Tower Residences & Spa, under construction at 8 E 9th St in the Loop, is still on pace to a late summer or early fall completion, says Tom Hartmann of Coldwell Banker Residential Brokerage. The tower’s sales team is gearing up for a move into an on-site sales center in January, and homes on the building’s first eight residential floors should be ready for delivery by February.

The tower still has about 75 units for sale, just as Mark reported this summer. Hartmann says interest in Astoria has grown with the building itself, and he expects more people to sign on the dotted line once they can get inside a unit and look around, instead of trying to visualize their homes from floor plans alone.

The available condos range from 683 square-foot “junior” one-bedrooms starting in the $230s to two-bedrooms with almost 1,500 square feet, priced in the $710s. Buyers will get one year of free assessments and a $2,500 upgrade credit on finishes, and can purchase indoor parking spaces from $40,000 to $42,000, Hartmann says.

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