Magellan Development Group LLC

While the market for Chicago condos for sale has been a roller coaster over the past few years, downtown Chicago condos — primarily those found in new luxury towers like Aqua — are consistently selling well. According to an article in July’s issue of Chicago Magazine, the reason for the great sales in high-end condo towers is “timing, timing, timing.” Homeowners who were looking to buy in the luxury market a few years reserved spots in new condo towers that were under construction. Instead of capitalizing on low prices caused by the market fallout, these luxury buyers opted to wait for the towers to be completed for their prime locations and value.

So while timing is certainly a factor, we think the luxury amenities of downtown Chicago condos are the most important part of bringing buyers to the Loop! Buyers looking for one-of-a-kind amenities in a new building are buying now– and here’s why!

Fitness Amenities in Downtown Chicago Condo Towers

For active urban dwellers, the fitness amenities of downtown Chicago condos are a major draw. Proximity to the lake path is great for runners and bikers living in downtown condo towers, but the interior amenities are equally valuable when the Chicago winter starts! Group fitness studios provide fun classes to introduce residents to new fitness trends. Indoor sports courts let condo owners play basketball, volleyball and tennis all year long!

Saunas and steam rooms provide great work-out warm-downs and an escape from winter weather during the season’s coldest months. Access to full athletic amenities without having to exit your building is just one of the added values that is keeping the luxury market successful with high-end buyers in downtown Chicago.

Entertainment Amenities in New Construction Towers

While downtown condo owners love to entertain in their homes, they also love to bring the party to the other floors of their new construction towers. Being built with the modern homeowner in mind, these new condo buildings feature entertainment amenities along with their fitness offerings.

• Outdoor amenities, like pools and jacuzzis, are always an exciting feature for new home buyers but have also become fairly standard in large residential developments. In new downtown buildings like Aqua, home buyers will find additional outdoor attractions like green roof gardens, grilling areas, fire pits and poolside cabanas that are great for entertaining, cooking and relaxing. Not only do they allow residents to play host to friends, they also build a sense of community between residents who convene at these shared spaces.
• New downtown Chicago condo buildings are often complete with an entire floor of indoor amenities — modern, high-tech spaces for entertaining are usually included. A feature popular in new buildings is the media room, a theater-styled room with a projection screen, reclining chairs and surround sound used for watching sporting events, movies or TV shows. The media room at Aqua can be reserved by residents for private viewings and also hosts open viewing sessions for events like the recent World Cup. There are also weekly movie nights that any condo or apartment resident can attend.
• Party suites are another amenity that new home owners and frequent entertainers will appreciate in new buildings. Large and adaptable private rooms can be reserved by residents and utilized for events of any kind. Whether a resident is a member of a charity and wants to host a benefit in the building, or just wants to throw a birthday party close to home, a party suite is an excellent option.

The Premier Location of New Downtown Chicago Condos

Some of Chicago’s best entertainment, dining and tourist attractions are located downtown and are easily accessible from the many new condo towers downtown. Other nearby neighborhoods offer an even more varied Chicago experience accessible from the hub of transportation available to downtown condo owners. From Aqua, you can explore:

• Luxury downtown attractions
• the River North art scene
• Streeterville’s thriving activity
• Gold Coast shopping and dining
• Access to movie theaters and the downtown Theater district