How We Did It | Property Spotlight: 1051 W Montana, 1N
Cadey O'Leary
Luxury Real Estate Broker Specializes in new construction, Lincoln Park, developer marketing & sales and luxury home and condo sales in Chicago and beyond. Over $100M in Lincoln Park luxury condo sales since 2021.
A monthly spotlight on how we get deals?DONE. Even in a climate of strong demand and low supply, buyers want move-in ready homes.
1051 W MONTANA, UNIT 1N –?A CASE STUDY IN PREPARATION AND PRICE
First impressions matter. We embrace this mantra in marketing our clients’ homes. 1051 W Montana, Unit 1N, is a prime example of a strong collaboration in preparation, producing a compelling outcome.
The seller was a childhood friend of Cadey’s. They bought their daughter a charming three-bedroom condo in the heart of the DePaul neighborhood while she attended grad school and were ready to sell it upon her graduation. The vintage condo was in good shape and well positioned at an attractive price point in Lincoln Park. Still, there was a list of punch-list items and staging recommendations that would enhance its reception in the market.
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Our client who lived out of state was amenable to our suggestions and relied upon us to oversee the work with the help of their daughter. As our handyman and painters performed their services, we continued other market preparation and closely watched how comparable properties were performing. An off-market sale of a similar property commanded a price that invited us to list our client’s condo $20,000 higher than we had planned 30 days prior.
The result: We received a full-price contract within the first week and closed 45 days later. Thoughtful preparation. Appealing marketing. Effective pricing. Great outcome.
We offer custom concierge services to identify needs and get things done. Our objective is to create an unparalleled selling experience that minimizes pain points, streamlines planning and communications and delivers exceptional results.
It's our privilege to serve our clients with recommendations and customized services that make the selling process as easy and stress free as possible. We welcome the opportunity to serve you in Chicago, Florida’s 30A or beyond.