1437 S Prairie

About the Building

This beautifully-constructed Chicago condo development has been around since 2001 and offers all the modern amenities you need to live in comfort and style in the big city. Located in the up-and-coming South Loop neighborhood, this building houses 84 separate units with zoned permit parking to accommodate residents who own their own vehicles. In addition to the well-maintained craftsmanship of the building, this great dwelling offers several different layouts with varying numbers of bedrooms and unit size.

On average, the residences in this building provide 3,510 square feet of living space. Most of the floorplans include 3 bedrooms, each of which can range in area from 155 square feet to 390 square feet. But home isn't only about where you lay your head at night-the rest of the place is just as essential when looking for that perfect abode. The cook in the household will find the kitchens here are divine, covering 120 square feet of the entire unit. That's enough room to whip up a delicious five-course meal for the occasional dinner party, which can be hosted in the 300 square-foot dining room. And what would a get-together be without a bit of mingling before sitting down to eat? Good thing there's a large 300 square-foot living room to let your guests roam around, and not even have to worry about bumping elbows.

In addition to the unit basics, you'd probably like to know some of the figures behind the fundamentals-more specifically, what's a place like this in the attractive South Loop neighborhood of Chicago going to cost? Of course, the numbers change depending on the particular unit, but the lowest listing price in the building is just below the market price and the average is just or slightly above the market price. The latest 3-bedroom place to sell went for $722,500 around 12/21/2004. Now, on top of the asking price, it's important to think about the added expenses residents need to pay in taxes every year. For property in this building, the taxes generally cost $9,652 annually, so factor that in when calculating that mortgage rate.