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Options offered on Station incentives

For a limited time, new buyers at Wood Dale Station, a community of 120 one-, two- and three-bedroom condominiums in Wood Dale, can choose between a below-market mortgage or a full year without mortgage payments.

The 30-year fixed below-market-rate mortgage will save up to $75,000 in interest over the life of the loan, developers estimate. The other option, no mortgage payments for one year, is available for mortgages financed at conventional market rates.

The incentives mark the opening of an on-site sales center and designer-furnished models at Wood Dale Station.

Visitors can tour models with open living spaces, balconies, state-of-the-art granite and stainless steel kitchens, spa-like bathrooms and hardwood floors. The development has indoor parking, private elevators, on-site retail and landscaped grounds.

A variety of floor plans and closing dates are available, with pre-construction prices as low as $249,900 for 2008 occupancy.

Wood Dale Station is at 238 E. Irving Park Road, one-half mile west of Route 83 near the Metra train station.

It is the first project to unfold as part of a comprehensive plan for a new town center at the intersection of Irving Park and Wood Dale roads.

The sales office and models are open 10 a.m. to 5 p.m. Wednesday through Friday, 10 a.m. to 4 p.m. Saturday and Sunday or by appointment. Call Angela Testa-Kerivan, sales manager, at (630) 595-0672, or visit www.wooddalestation.com.

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