It was a sad day in May for Chicago bowlers when Marigold Bowl, 828 W. Grace, closed its doors in Lakeview for the last time. The local landmark opened its lanes 63 years ago, but the property recently was sold to condo developer Sedgwick Properties.
A parcel of this size is a rare find in Lakeview, and the developer plans to make the most of it, replacing the bowling alley with a 140-unit condo building that will rise 17 stories.
A sales center for “Park View East,” www.ParkViewEast.com, opened in August at 1940 N. Clark. The development offers 20 floor plans with one to three bedrooms. At press time, prices on remaining units ranged from about the $190s to the $350s.
More than one-third of the units sold before the project officially was announced, according to Koenig & Strey, exclusive sales agent for Park View East.
“Buyer response was immediate and enthusiastic,” said Chris Feurer, who is selling the project with Scott Graden. “Buyers realize they’ve found the ultimate combination of a quality project in a premier location where they can walk to the lake and Wrigley Field, yet are only a short hop from the Loop.”
The condos include private terraces and balconies, red oak floors in living areas, panel doors, stainless steel appliances, granite counters and marble baths with limestone walls. The building will have door staff, two elevators and a faÃ§ade of red brick and limestone.
Park View East is expected to break ground in the fall, with first occupancy scheduled for fall of 2005.