CHICAGO-McHugh Development & Construction has completed the $6.3 million Vue Condominiums in Lakeview. The 22-unit development was constructed at 3505 N. Ashland Ave., and is now about 73% occupied. The condos range in size from 900 sf to 2,100 sf in two and three-bedroom units, which run from $350,000 to $700,000, according to Paul McHugh, president of the self-named firm.

“The market has slowed down, and it’s still slowing down for us,” McHugh tells “But it’s better than expected. Lakeview’s a good neighborhood with easy transportation and a strong entertainment corridor.”

The five-story building was constructed on the site of a former Burger King, which McHugh purchased from private owners in December 2005 for about $1.5 million. Construction on the site began in December 2006. Sixteen of the units have already been sold, with five others remaining available. One unit will be maintained as a model condo in anticipation of the company’s construction of a similar condo building in the future, at a site directly to the north of Vue, according to McHugh. He says there is no timeline established for this neighboring development, and that the current economy may delay its start.

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