Incentives working at Lexington Park Condos

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Remember those incentives Chieftain Group rolled out a few weeks ago at Lexington Park Condominiums? The free parking for life and free gas for a year offers? Probably not, because the deal only ran from 11:00 a.m. Aug. 23rd to 5:00 p.m. Aug. 24th, but it seems to have been enough to jump-start sales at the South Loop high-rise.

Britta Rivera, vice president of sales for Chieftain Group, says five units in the 333-unit development sold that weekend, adding that the incentive also succeeded in generating interest among buyers and potential leads for her sales team.

Rivera says Chieftain is now offering another incentive whereby garage parking will be sold at half price – $17,450 per space – and city workers will receive $5,000 towards closing costs. Rivera takes credit for coming up with the city worker incentive, explaining that the development is near a police station, a fire house and a teachers school, and she wants to appeal to people who might already be passing the development on a daily basis.

A model recently opened in the Lexington Park sales center for an 818 square-foot one-bedroom-plus-den that would be priced in the $290s, Rivera says. Construction is charging ahead on the 35-story high-rise, as crews have reached the 28th floor.

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