225 N Columbus
The Loop
About the Building
Homebuyers have been waiting with bated breath for the mixed-use skyscraper located at 225 N Columbus known as "Aqua" to take shape. The innovative design that incorporates asymmetric and undulating glasswork and balconies into the façade is intended to emulate falling water, and is sure to be one of the most interesting towers in the ever-changing Chicago skyline. The 80-story tower, which is currently under construction and is scheduled to be completed in 2009, will rest at the northern edge of Millennium Park in Chicago's downtown Loop, overlooking the park, the lakefront, and the Chicago skyline. The building will be mixed use, with a hotel occupying the lower portion, and apartments and condos filling the upper levels of the tower.
The units in Aqua at 225 N. Columbus will incorporate the basic necessities with a touch of luxury, from the handy building services and facilities to the amenities of your private abode. The building's floorplans, which include anywhere from 1 to 3 bedrooms, come in all different square footages to suit the needs of homeowners with varying family sizes. The average master bedroom is 193 square feet, although some can be as large as 204 square feet. The second bedroom is typically 132 square feet, still a good amount of space for the growing members of the household, or a great spot for the home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly. In addition, those oddly-shaped balconies that form the shape of the façade will be quite roomy, with some of them extending as much as 12 feet.
The price per square foot for property at 225 N. Columbus is $571. From listing to closing, the standard length of time a unit in this building stays on the market is around 60 days. In regards to properties that are currently for sale, the average number of days a 1-bedroom unit has been listed for is 291. There are currently few 1-bedroom residences available in this New Eastside development, that maintain an average listing price around $681,888. In addition to the upfront price for real estate in this striking residential structure, it's helpful to know how much assessments and taxes are, since you'll be paying those on top of the mortgage. For this particular building, the average assessments are $573 per month and taxes cost $1,500 - $4,000 per year.
