Continuing to meet the needs of Chicago homebuyers drawn to the city’s thriving Bridgeport neighborhood, Chicago-based Lexington Homes has announced the start of pre-construction sales at Lexington Place3. This new phase of eight single-family homes marks Lexington’s continued expansion in Bridgeport, as the developer’s two earlier single-family home phases have sold out.
Located at 38th and Morgan streets, Lexington Place3, will offer two floor plans measuring 3,027 to 3,639 square feet, with pre-construction prices starting from $534,990.
Over the past seven years, Lexington Homes has helped transform a pocket of Bridgeport into a thriving, family-friendly community with the construction of 23 single-family homes in its Lexington Place1 and 2 communities, as well as 63 townhomes in its Lexington Square1, 2, and 3 communities. A recent report by Redfin Research Center states it takes only a matter of days for a home to sell in Bridgeport.
“Our Lexington Place and Lexington Square communities have been a big draw for those looking to move up from a condo or apartment to a larger, yet affordable, home, with a large majority of our buyers being young families,” said Jeff Benach, co-principal of Lexington Homes. “Whether they’re coming from Lincoln Park or the South Loop, they’re discovering everything they need in a larger city home – from stylish interiors to being part of a thriving cultural community – at our Lexington Place and Lexington Square communities.”
Bridgeport native and Lexington Place2 homeowner, Anthony Hadaway, attributes Bridgeport’s recent transformation and Lexington’s attractive new-construction designs with his decision to move back to Bridgeport to raise his family.
“I come from a long line of Bridgeport natives and value how Lexington’s communities have helped expand on the neighborhoods’ existing close-knit ties with a new generation of families,” said Hadaway. “Although it still holds the old neighborhood charm with existing mom-and-pop establishments, it’s definitely not my grandfather’s Bridgeport anymore. It’s a community where diversity is welcome and has become one of Chicago’s sought-out areas to live, work and play.”
Homes at Lexington Place3 come standard with three or four bedrooms, 2½ baths, separate living and dining rooms, eat-in kitchens, two-car garages, finished basements, front porches and oversized rear yards. Options include additional bedrooms and bathrooms.
Additionally, the homes showcase open floor plans with highly desirable features, including 42-inch maple cabinets, granite countertops and GE stainless steel appliances, hardwood flooring throughout the first floor, and raised-height vanities with granite or marble countertops in all baths.
“There aren’t many other places in the city that you can buy a brand new home with these kind of features and in a sought-after location like this, at these prices,” said Benach. “This is an exceptional opportunity for buyers looking for a new-construction home with a yard, along with the convenience of being close to downtown and other local attractions.”
According to Benach, a big draw for buyers to the Lexington Place series of single-family homes are the oversized lots. “Like our other Lexington Place communities, Lexington Place3 homes are built on lots that are 20 feet deeper than the typical Chicago lot,” said Benach. “The bigger lots offer additional space for kids, pets and gardening.”
The convenient location of Lexington Place3 to downtown Chicago and nearby entertainment and cultural amenities is another key selling point. “Homeowners can walk to U.S. Cellular Field or stroll to a number Bridgeport’s restaurants, bakeries, boutiques and coffee shops,” said Benach.
In addition to offering a quick commute to downtown Chicago, convenient access to Interstates 90/94 and 55 provide a quick commute to Midway International Airport.
“With the increase in Bridgeport’s new housing stock, trendy new restaurants like the Duck Inn, and the growing artist community, Bridgeport has recently had more than its share of exciting national news,” said Benach. “More people have taken notice of the neighborhood, making it an even more desirable place to live.”
For more information about Lexington Place3, call (773) 523-5900 or visit www.lexingtonchicago.com.
About Lexington Homes
A premier name in Chicago real estate, Lexington Homes is one of the city’s most successful builders. In the past four decades, the Lexington Homes’ real estate development team has built more than 40,000 homes in Chicago and surrounding suburbs, solidifying its reputation for excellence and innovation in homebuilding.
Lexington Homes announces start of pre-construction sales at Lexington Place3, a community of eight single-family homes in the city’s thriving Bridgeport neighborhood.