Special financing available at Klee Plaza

CaptionWe haven’t posted anything about Klee Plaza at Six Corners, located at 4015 N Milwaukee Ave, since former Yo writer Patrick Rollens visited the loft development back in February. Although he’s eager to sell his 20 remaining units, developer Marc Sussman says he isn’t planning to lower prices anytime soon.

“We have special financing available for first-time buyers and income-qualified buyers, and we’re offering either closing cost incentives or other help,” Sussman says. “Because we’re a city project, we have access to a few different things,” he says, citing a city mortgage program that offers four-percent gifts to first-time buyers and a state-wide program that provides $13,000 grants to qualified buyers.

Sussman says the units were aggressively priced to begin with, which is why he says the development attracts first-time buyers and service industry workers. One-bedrooms with 660 to 940 square feet of living space are priced from the $170s to $230s, and two-bedrooms with 1,006 to 1,260 square-feet of living space are priced from the $240s to $320s. One-bedrooms had previously started in the $150s, but Sussman says some of the lowest-priced homes were sold. Underground parking is included with all remaining homes.

The development is located in Portage Park, on the border of Old Irving Park, and from the six-corner intersection there are three bus lines, and the nearest Metra and Blue Line stations are about a mile away. Sussman says about 55 percent of the retail in the building has been leased, and tenants include a Vitamin Shoppe, Cricket Communications, and a Pearle Vision store.

The video Patrick made with Sussman at Klee Plaza last February is below.

Rate and review Klee Plaza at NewHomeNotebook.com.

(Visited 77 times, 1 visits today)