Madison, WI is a very dynamic real estate market. Each area of the city and suburbs have their unique market and information. Local news, real estate topics, financing and more.
It is extremely fun to list homes and condos. Especially historic properties like the Loraine Condo.
The condo has almost 1300 sq. feet of living space, open and spacious floor plan has maple hardwood floors & cabinets throughout. Large kitchen with granite counter tops, breakfast bar & ample counter space for food preparation. Open concept living w/ dining, living & kitchen open to each other is made for entertaining. Fireplace in the living room. Master suite has 3 closets with one of them a walk-in. Dual vanity sink, linen storage, shower & soaking tub. Workout facility, common areas and open air terrace to share and use anytime.
The Loraine was originally conceived in 1922 by Milwaukee hotelier Walter Schroeder as a 250 room hotel. Architect Herbert Tullgren designed the Tudor Revival structure and construction was completed by June, 1924. Hotel Loraine (named after a niece of Mr. Schroeder who died during the course of construction) was so popular that a 100 room addition was completed one year later in 1925.
Hotel Loraine was the largest and arguably the most prestigious hotel in Madison. At an initial cost of $1,100,000, Hotel Loraine was the most expensive commercial building in Madison. Its prominent location on the site of Henry Proudfit's home provided a seamless link between the affairs of Wisconsin's government at the State Capitol and the academia at the University of Wisconsin.
Hotel Loraine was renowned for its grand lobby, exquisite dining, and the fabulous Crystal Ballroom; site of many debutante balls, wedding receptions, and Madison's largest social functions.
Hotel Loraine hosted numerous notables during its history including Ethel Barrymore, Gloria Swanson, Mae West, Harry Truman, and John F. Kennedy.
The Schroeder family operated Hotel Loraine until 1968 when the structure was converted into office space for the State of Wisconsin.
The Department of Justice most recently occupied The Loraine Building until its new building was completed in October 2001.
The new millennium has brought new life to The Loraine. The City of Madison designated the building a national landmark due to its history, location and architectural significance. Furthermore, this gem of a building has been carefully restored and masterfully renovated back to residential use as luxury condominiums.
Office/Den or Ample space for a guest suite
Office/Den or Ample space for a guest suite
Full Bathroom with Shower Stall
Maple Hardwood, Tray Ceiling and Fireplace
Stackable Laundry
Granite and Stainless Steel Appliances
Master Suite leading to Closets( 3) and Master Bathroom
Shared Outside Patio
Common Area Terrace-Open Air with Grilling Station
Looking at KCM Blog today, it tosses out the topic that many buyers don't believe is something that affects them....Not being able to get a loan!
This doesn't state that money isn't available, it states the pitfalls and items that can affect them in this lending environment.
There can be a lot of issues if you don't prepare for getting a loan and buying a home. This is why it is so important to meet with a local Realtor and get their advice on what to do to prepare for getting a loan for purchasing a home.
