Elsdon Village, the "Chevy" of Chicago's new-home market

Elsdon Village

Take a look at the condos at DeGrazia Development Co.’s Elsdon Village, which we posted on not long ago. The project comprises 280 units – condos, townhomes, single-families and two-flats – planned for a 10-acre site near Midway Airport.

The project’s 120 condos will be in two buildings on the northeast corner of Homan Avenue and 50th Street (a news release from the developer tells us these buildings are six stories, but we’re counting seven in these renderings). The 24 townhomes will occupy the northwest corner of St Louis Avenue and 50th Street. And 86 single-family homes and two-flats will fill a site bounded by St Louis Avenue, 50th Street, Homan Avenue and 51st Street.

There’s a range of price points and products here, including two-bedroom “bungalows” with 982 square feet (not including unfinished basements), starting at $299,000, according to the latest news release we’ve seen from the developer.

“We are selling Chevys – blue-collar houses,” DeGrazia says. “These are old-school Chicago bungalows and two-flats.”

Eldson Village condo building

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