The last 12 lots at Newell’s Reserve in Lake Forest will be offered at auction at 7 p.m. Thursday, Sept. 18, at the Sheraton North Shore Hotel in Northbrook.
Five of the 12 lots, originally priced from $400,000 to $665,000, will be auctioned with miniumum bids of $225,000 and $325,000.
Lots can be viewed from 1 to 4 p.m. on Aug. 16 and 24 and Sept. 6 and 14, or from 5 to 8 p.m. Sept. 10 and 17.
The 26-acre development of 26 homes is located just west of Waukegan and Deerpath Roads in Lake Forest. It bisects a 60-acre nature conservation area and 521 acres of Lake County forest preserve.
The auction is being conducted by Sheldon Good & Co. For a brochure and terms of sale, call 312-630-0915.
– Preconstruction sales are under way at The Sewing Exchange, a development of 26 lofts, 11 townhouses, and four flats at 1830 S. Michigan Ave. on Chicago’s Near South Side. It is a joint effort by Joseph Freed Homes and Centrum Properties Inc.
A three-story brick and timber building is being revamped into lofts, while the townhouses and flats will be new construction.
Loft floor plans range from 600-square-foot studios priced from $97,900 to $103,900, to 1,462-square-foot units with two bedrooms, a den and two baths, priced from $219,900. Each unit will include a balcony.
Townhouses are all one-bedroom plans with 1 1/2 or two baths and dens or studies. The 1,475- to 2,000-square-foot designs feature a deck off the living area plus a rooftop deck and brick facade. They are priced from $184,900 to $265,900.
All living areas will feature hardwood floors, bedrooms will be carpeted and baths will have ceramic tile floors.
An on-site sales center is not yet open. For information, call Joseph Freed Homes at 312-674-1390.
– Aberdare Venture has opened a new display model–the Largo–at Aberdare Estates golf course community in far north suburban Gurnee.
Priced at $449,000, the 3,100-square-foot home sits on a wooded, cul-de-sac lot and features four bedrooms, 2 1/2 baths, full basement and a three-car garage.
Among amenities included in the price are a masonry fireplace in the family room, cedar deck, hardwood floors throughout the first floor, security system, and a bay window and cooking island in the kitchen.
The five remaining lots at Aberdare Estates are a half acre and include city sewer and Lake Michigan water.
Sales hours are noon to 5 p.m. Saturday and Sunday. For information, call Jeff Ohm of Premier Realty Group at 847-970-3582.
– Lockport’s Dawnwood development has 10 townhouses remaining for sale in its second phase.
The community offers eight floor plans ranging from 1,577 to 2,640 square feet and priced from $189,900 to $264,900.
Each one- and two-story plan features a full basement with a garden or walkout option available. Designs include two to four bedrooms, two to three baths, attached two-car garage, and patio. A fireplace and central air conditioning are also included.
Dawnwood is located at 143rd Street and Parker Road and its sales center is open 11 a.m. to 5 p.m. Friday through Tuesday.
For information, call 708-301-1048.
– Wyndham Deerpoint Homes is offering a $10,000 incentive on four spec homes at two of its communities–Pine Creek and Hartfield Estates in North Aurora.
The $10,000 can be used toward a down payment, to purchase options, buy down points at closing, buy down the interest rate, reduce the purchase price, waive lot premiums or to upgrade the landscaping. The incentive is good on homes closed by Sept. 30.
One of the spec homes is the Bedford “C” plan at Pine Creek. Priced at $191,900, the 1,739-square-foot design offers three bedrooms, 2 1/2 baths, family room with fireplace, and full lookout basement.
Amenities include upgraded carpeting, extensive landscaping with an irrigation system and a rear deck.
Sales hours at Pine Creek and Hartfield Estates are 10 a.m. to 6 p.m. daily. For information, call 630-844-9447.
– 21 West Chestnut Place Condominiums in Chicago is offering $2,000 to $4,000 in incentives to its first 40 buyers during preconstruction sales.
Buyers will receive $2,000 credit at closing for any studio or one-bedroom purchase; $2,500 for units with one bedroom plus den; $3,000 for a two-bedroom unit; and $4,000 on three bedrooms.
Each of the first 40 buyers will also receive a free washer and dryer.
When constructed, the building will feature 126 condominiums priced from $104,000 to $423,000. Residences will include balconies, 8 1/2-foot ceilings, and walk-in closets.
Building amenities include a 24-hour lobby attendant, fitness center and community room.
A sales center is open at 875 N. Dearborn St. Hours are 10 a.m. to 6 p.m. Monday through Friday and 11 a.m. to 5 p.m. Saturday and Sunday, or by appointment.
For information, call 312-943-2100.
– Sterling Manor, a Centex Homes community in west suburban Geneva, has five townhouses available for immediate occupancy.
Sterling Manor is planned for 100 townhouses priced from $129,990 TO $161,990. Ten two-story floor plans range from 1,291 to 1,801 square feet and include two to three bedrooms, lofts per plan, 1 1/2 to 2 1/2 baths, and an attached two-car garage. One design features a first-floor master bedroom.
One of the available spec homes is the 1,334-square-foot Oxford plan with two bedrooms, 2 1/2 baths, master bedroom with walk-in closet and private bath, and full basement with roughed-in plumbing. It is priced at $148,990.
Standard features on townhouses include central air conditioning, concrete patio, and wood trim and doors. Kitchens feature pantries and breakfast bars per plan.
Sales hours are 10 a.m. to 6 p.m. Friday through Monday and 10 a.m. to 7 p.m. Tuesday through Thursday.
For information, call Elsa Krueger at 630-262-0240.
———-
Send items for consideration for Subdivision notes to: Seka P. Palikuca, c/o Chicago Tribune, 4th floor, 435 N. Michigan Ave., Chicago, Ill. 60611.
