Optima Old Orchard Woods Condos| Skokie Real Estate| Skokie Condos| Optima Condos
The Optima Old Orchard Woods Condos are todays Skokie Real Estate Post Topic! In terms of Skokie Condos and Skokie real estate, The Optima Old Orchard Woods Condos are truly a sight to be see!. It is one of the sharper looking condo buildings I have seen in a while, and it is in Skokie of all places!!
There are 691 skokie condo units that make up the three seperate 20 story towers. The Optima company founded by David Hovey (real estate genius in my opinion) finished up construction on one of the phases of Optima Old Orchard in 2006 and started selling units in 2006.. There are 3 phases of construction for the Optima Old Orchard Woods:
Phase 1: Oak Tower
Phase 2: Elm Tower
Phase 3: Maple Tower
The Optima Old Orchard Woods Condos definetely put a positive light on the Skokie real estate and Skokie Condo market..Whether we are talking about downtown or suburban condos, the Optima Old Orchard Woods Condos have it all!
|One, two, three and four bedroom condominium residences, overlooking hundreds of acres of forest, the Chicago skyline and lake beyond.|
|•||Floor-to-ceiling vistas in every residence.|
|•||Private, recessed balconies and terraces.|
|•||Luxury standards include state-of-the-art baths and kitchens with stainless steel appliances, gas cooktops, designer cabinets, granite countertops, window treatments, and washer & dryer. Optional gas fireplaces are available.|
|•||Environmentally sensitive, green-roof system and sky garden.|
|•||A reflecting pool and fountain, serenely situated in the grand courtyard.|
|•||Formal gardens, flowering trees, deciduous shade and coniferous hedges.|
|•||An exterior color scheme in harmony with the bordering forest.|
|•||Professionally staffed design center with interior appointments and amenities of indisputable quality.|
|•||Two-story pool, spa, fitness center, tennis court and two-story party room with catering kitchen.|
|•||Minutes away from Old Orchard Shopping Center with exclusive shops, restaurants and entertainment.|
|•||Within walking distance to golf course, horseback riding, bike trail and jogging path.|
|•||Heated indoor parking is included; and there is plentiful guest parking.|
|•||Access to the Edens Expressway, as well as public transportation|
Now while these Skokie Condos are a architectural masterpiece, a really cool building to look at and a spot where I would consider living, there are a few negative aspects:
1) You are paying downtown Chicago prices for Skokie(When originally sold)... I have a big problem with suburban condo buildings charging downtown prices, it just doesnt make sense to me..
2) Plain and Boring interiors...Unless you pay top dollar for the upgrades from the developer you will be dissapointed.. The final tower is much more nicely laid out.
3) You really need a City View otherwise you arent looking at much
4) If you bought in 2006-2007 you Overpaid
5) High SHORT SALES and FORECLOSURE RATES
As of March 2012, there is about a 70% Short Sales and Foreclosure rate at the Optima Old Orchard Woods Condos
Optima Old Orchard Woods Condos
Optima Condos Skokie
(As of March 2012)
Current Number Of Skokie Condos At Optima Old Orchard For Sale: 40
Prices Range From $130,000 -- $700,000
Average Market Time: 182 days
Current Number Of Short Sales| Foreclosures At Old Orchard Woods: 25
Current Skokie Short Sales| Foreclosure Rate At Old Orchard Woods: 70%
Looking to Buy or Sell in the Optima Old Orchard Woods Building in Skokie? Please Contact Me today to set up a Free and Confidential listing appointment or to schedule a private tour of the Skokie Condos currently available in Optima Old Orchard Woods Building.
Senior Consultant-Skokie Real Estate Expert-Skokie Condos Expert-Optima Condos Expert
Cell 630 327 9136
Direct 312 264 1176