Northlake a ‘hidden gem’ for Wolf Ridge buyers
Northlake Days, the city’s major summer festival, attracts families to carnival rides such as an old-fashioned Merry-Go-Round. | SUPPLIED PHOTO
Being within minutes of two major expressways and only eight miles south of O’Hare International Airport, “location” may be the City of Northlake’s greatest attraction.
“Northlake is a hidden gem. We have the benefit of all the expressways,” boasts Mayor Jeffery T. Sherwin.
The near west suburb is only two miles from the intersection of the Tri-State Tollway (Interstate 294) and the Eisenhower Expressway (I-290). Chicago’s Loop is 14 miles to the east, and the Cumberland Avenue interchange of the Kennedy Expressway (I-94)is within seven miles.
“We absolutely love this place,” said Della Campbell, a histology lab technician at Advocate Lutheran General Hospital in Park Ridge. “We traded a two-hour tollway commute from west suburban Lombard for an 11-minute ride down Interstate 294 to our jobs.”
The shorter commute also is a bonus for Jack Campbell, a veterinarian’s assistant for Vet Corp. in Des Plaines, but what makes him happy is the couple’s residence at Wolf Ridge Condominiums at 77 N. Wolf Road just north of North Avenue (Route 64) allows dogs and cats.
“Our family revolves around Banks, our 48-pound English Springer Spaniel, and Bo, our cat,” said Jack Campbell. “We take Banks to the dog park a couple of blocks south on Wolf Road, or the nearby wooded preserve.”
Wolf Ridge Condominiums is also just six blocks from the interchange of I-294 and 290, but if residents prefer to ride the train, the Milwaukee West Line is three miles away in Franklin Park and the Union Pacific West Line is three miles away in Bellwood.
Parks and recreational opportunities also abound in Northlake. The Center Point Recreation and Preserve, which features walking trails and a picturesque meandering stream, is just north of Wolf Ridge. Millennium Park and a community center are also a few blocks away.
“The Northlake Public Library is 1½ blocks north of the development, and St. John Vianney, a Catholic church, is across the street,” said Della Campbell.
Northlake also has “amazing shopping choices,” she said.
A diverse collection of big-box shopping choices are nearby, and there are many restaurant options, including Sala Tai, the Campbell’s favorite Asian restaurant across the street. And a new-style drive-through Seattle’s Best Coffee recently opened on North Avenue.
The City of Northlake developed Wolf Ridge to provide new market-rate housing in the suburb, and this unique community offers homes with developer stability and a warranty of quality.
Today, buyers who act quickly can lock-in a spring price reduction of up to $30,000 on remaining move-in-now homes at the 60-unit condominium community.
Along with the price reductions — ranging from $20,000 to $30,000 on immediate occupancy residences — the next five buyers can lock in 5 percent down payment seller financing and receive two free parking spaces valued at $9,500.
“For a limited time, the City of Northlake is offering to give the buyers both a heated indoor parking space and an outdoor parking space,” said Paul Dincin, partner in Catapult Real Estate Group, the exclusive marketing agent for Wolf Ridge Condominiums. The heated indoor parking is valued at $7,500, and the outdoor spaced is worth $3,000, Dincin said.
“Our unique seller-financing program is offering 30-year fixed-rate conventional financing for the next five qualified buyers with a low 5 percent down payment,” said Mayor Sherwin.
The Phase II sales at Wolf Ridge Condominium currently are under way. Twenty-one immediate-occupancy luxury condominiums have been released for sale, said Terrie Whittaker, director of brokerage services for Catapult Realty.
Each condo features a private balcony with park or city view, a great room and open kitchen, in-unit laundry room with washer/dryer hookups, indoor heated garage plus additional private outdoor parking, and its own separate lockable storage room.
Two-bedroom residences with one or two baths and 1,180 to 1,463 square feet of living area are offered at Wolf Ridge. Prices now begin at $129,900 for the most affordable two-bedroom, one-bath layout. The price was reduced from $149,900, a savings of $20,000. The most affordable two-bedroom, two-bath floor plan now is priced at $145,900, reduced from $174,900, a saving of $29,000. Monthly assessments range from $249 to $280. Three models are on display.
The Wolf Ridge Condominiums sales center and models at 77 N. Wolf Road are open Tuesday and Thursday from noon a.m. to 4 p.m., on Saturday from 1 p.m. to 4 p.m., and by appointment on Monday, Wednesday, Friday and Sunday. For more information, Whittaker at (708) 492-1010, or visit www.wolfridgecondos.com.