When I met with Paul Fortman from @properties at 1217 W Augusta St last week, he mentioned that Baer Lofts, another new development that’s being marketed by the Mike Vesole Group, is nearing closeout. Now just four lofts are available in the 16-unit loft conversion at 1927 N Milwaukee Ave in Bucktown.
When I spoke with Fortman, he was realistic about the difficulty of selling new homes in the current market, but he was also pretty upbeat about the Mike Vesole Group, which he says is weathering the storm by carving out a niche with very modern small and mid-size condo developments in and around West Town and Bucktown. Judging from these photos I pulled from a recent ad, the Funke Architects-designed Baer Lofts certainly falls into the “modern” category, and considering that just four had were under contract when Joe visited the lofts in May, it seems to be selling pretty well.
Even though there are just four unsold homes in the building, buyers still have the choice of one-, two- and three-bedroom floor plans. The remaining homes include one one-bedroom / one-bath priced in the $290s, two two-bedroom / two-baths priced in the $380s and $390s, and one three-bedroom / two-bath priced in the $550s. Assessments range from about $170 to $240 per month.
– Rate and review Baer Lofts at NewHomeNotebook.com.
