We posted recently on the wave of development along Belmont Avenue. Here’s yet another new project: a conversion at 1243 W Belmont Ave, which is being marketed with the building’s address on the intersecting street, 3133 N Lakewood Ave.
The building will be gutted to make way for 25 condos and two retail spaces, says Denise Wilbur, a sales agent with Sudler Sotheby’s International Realty, which is marketing the project. A fourth floor is being added to the east side of the building for two new-construction penthouses, she says.
“This is one of the last vintage buildings in the Lake View area that they are preserving,” she says. “It’s not your typical new-construction.”
Five of the units – including the new-construction penthouses – have sold, she says. Condos will have one to four bedrooms and one to four baths, she says. Prices range from the $280s to the $680s, according to Wilbur, and garage parking costs $25,000.
Features will include 42-inch cabinets, granite countertops, Brazilian cherry floors and stainless steel appliances. Deliveries are expected in November 2007, according to Wilbur.