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A New Second Home Alternative to Time Shares
Condo-hotels have evolved as a better, more reliable second home alternative to time-shares. They are usually attractive, high-rise hotels on the ocean or in other prime locations, and range in price from the mid 0,000s to over 1 million, depending on the size, location, and amenities. In general, condo-hotel properties have been highly successful with all or nearly all units selling out within months of the first offering. For example, the Ritz-Carlton Key Biscayne is a beachfront property with 188 condo-hotel units, all of which sold out a year before the building was even finished. Needless to say, the values of the condo-hotels in this building have gone up significantly.
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1641 W Pratt Ave #1, Chicago, IL 60626, 2,900 2 beds, 1 bath
2 beds, 1 bath, condo in Chicago, IL - 60626
4006 W Wellington Ave #2, Chicago, IL 60618, ,900 2 beds, 1 bath
2 beds, 1 bath, condo in Chicago, IL - Avondale
4746 S Forrestville #3S, Chicago, IL 60615, 5,000 2 beds, 2 baths
2 beds, 2 baths, condo in Chicago, IL - Grand Boulevard
1100 W Montrose Ave #705, Chicago, IL 60613, 6,000 1 bed, 1.5 baths
1150 sqft, 1 bed, 1.5 baths, condo in Chicago, IL - 60613
1423 N Ashland #202, Chicago, IL 60622, 5,000 1 bed, 1 bath
700 sqft, 1 bed, 1 bath, condo in Chicago, IL - Wicker Park
Real estate markets that have a high level of foreign investment will appreciate quickly as the dollar falls, and fall if the dollar strengthens (Hawaii circa 1990s).
Luxury Townhome For Sale In Chicago
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