Investment Opportunity in Downtown Chicago, IL USA

Extraordinary In the South Loop

CHICAGO'S BEST NEW HIGH RISE

Priced from $298,000 to more than $2million

Extraordinary In the South Loop…

XO - an iconic project is currently under construction in one of the fastest growing areas in City Centre Chicago, the south loop. There is so much to appreciate to here but architectural design is what you notice first. World-renowned architect Lucien Langrange’s unparallel structure described it as towers bending as if dancing in the sky. XO represents the future of design, but the developers are passionate about keeping the past alive, too, by proudly donating toward the refurbishing of the Glessner house, as part of the city’s ‘adopt a landmark’ program.  The location is perfect from all aspects, to the left you have stunning views of Lake Michigan and surrounding your luxury pad are the breathtaking picture perfect views of the Chicago Skyline.

INVESTMENT:

With only a 10% deposit required and nothing additional until completion in Quarter 4, 2010(At completion up to 75% financing available) this is a fantastic opportunity to leverage your money.  If you look at the logistics of the deal/structure of the 10% deposit paired with the fact that property values SHOULD see minimum 5-10% annual growth in the core,   you are looking at a 150-300% return on initial 10% investment by completion. Occupancy rates are sitting at or slightly above 95% in the South Loop and should generate approximately $3.00 a square foot rent at time of completion. Flipping is certainly not the proper strategy to go about in the USA at present, however with only 10% deposit in and completion not occurring for nearly 3 full years -  there is a very strong opportunity for this to happen.    We have stressed to our previous investors that worst case scenario; they have invested in an ultra luxury condo project in the heart of Chicago, Illinois that once built and decorated will be very highly sought after.

OVERVIEW

The construction is planned to have 487 units in two towers, one of which will be a high rise with 45 stories, the other one will be a building with 34 stories. The whole project will cost about $250 million, and sales for these luxury condos units have already begun. These two buildings are about to bring the 21st century into the South Loop, something that's never quite been done before to this extent. As for the floor plans, each floor is different because of the shape of the building. The condos will consist of one-bedroom, one-bath units, two-bedroom, two-bath units, and three-bedroom, three-bath units that will range in size from 599 to 2,500 square feet. In total, there will be about 200 different floor plans, so every unit will be unique. The price of these condominiums will vary from $300,000 to more than $2 million.

AMENITIES

* The SPA, Environmentally-Friendly - Pursuing LEED Certification Botanic Park, E-Concierge
* 24-Hour Doorman Secured,

* Indoor Parking with Available Guest Parking,
* Site Dry Cleaners
* Three High-speed Elevators, Individual Storage Units, Bike Storage Available

* Rooftop sundeck

* Saunas & swimming pools

* Clubhouse

* Cinema for Residential use

* GYM

UNITS

All units will feature environmentally friendly construction and high-end flashes like granite and marble counter tops, porcelain tile in the bathrooms. The cabinetry is in European style, while the appliances in the kitchen are from stainless steel. Other high-end amenities include wiring for high-speed internet and a computerized concierge service where homeowners can access the Internet to order cabs or concert tickets.

EXTRAORDINARY AMENITIES
Premier South Loop location near the lake, Museum Campus and the Loop
Dazzling panoramic skyline and lake views
Historic and luxurious Prairie avenue address
Accomplished design by Master Architect Lucien Lagrange
The Spa, a 13,000 Sq. Ft. professionally designed and managed lifestyle center
Eco-friendly design planned to meet the standards of the U.S. Green Building's Council' LEED Certification
Stunning two story lobbies
Custom E-Concierge from the convenience of each residence
1/4 acre botanic park
On-site dry cleaner drop off and package receiving
24-hour doorman service
Secure garage with deeded parking
Available indoor guest parking
High-speed elevators, Private storage units, Indoor Bicycle Storage