Eighteen condos on Belmont sold out in weeks

When we shot the above video back in February, at 2431 W Belmont Ave, Noah Properties was in the early stages of building three 6-flat condos. The units were 3- and 4-bedroom, 2-bath units that included garage parking and a high level of finishes.

A little over a year earlier Noah had sold similar units two blocks away on Belmont for over $100,000 more than the price of these units, which started at $259,900, parking included, for a 1,500 square foot 3-bedroom, 2-bath single-floor home. Delivery of the units was expected to begin in late May and early June.

Sam Banks and Beata Gaska of Sergio & Banks described the prices at the time as “killer,” and buyers apparently agreed. I spoke to Gaska yesterday and she reported that the project sold out within 2 ½ weeks and closings are about to begin on the easternmost of the three buildings. As you can see from the above photo, the buildings are nearing completion.

Sergio & Banks, one of our sponsors, offers a preview look at new construction projects that have not yet been listed in the MLS, and also offers a sign-up for email alerts for new projects.

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