Way back in 2006, Yo reported on the condos for sale at the Flats on LaSalle, a 250-unit conversion by Metropolitan Development Enterprises. None of the tiny homes was larger than 400 square feet, and the low prices matched the small living areas.
Today, two years since the project first made our radar, the Flats on LaSalle is 65 percent sold. A number of floor plans are entirely sold out, according to Metropolitan’s Jim Wayman, including all the one-bedroom models. There’s still no parking, but the address (1140 N LaSalle St) is very close to the coveted Gold Coast.
That leaves the remaining condos – all studio or studio-plus layouts – about 45 days from delivery, but that’s only so the builder can install the latest furnishings for new buyers.
“We still have to go in and put in granite countertops, stainless-steel sinks,” says Wayman.
Floor plans 2 – 6, 10, 11 – 16, 18, 19, 20, 22, 24, 25, 28, 29 and 30 are still available.
Prices have edged up quite a bit since 2006, when Yo gleefully reported on the sub-$100,000 homes available at the conversion. Current prices range from the $120s to the $140s.