530 N Lake Shore Drive

About the Building

Homebuyers from all over discover their dream home in Chicago, probably because the city supplies such an immense pool of housing options that cater to a wide variety of needs, desires and preferences. Take this residential high rise in the trendy Streeterville neighborhood, for example. This condo development, which was built as recently as 2003, offers quality construction, spacious units and all the modern conveniences you need to live in comfort and luxury. Located at 530 N. Lake Shore Drive, this development offers 195 individual units with a number of layouts and assigned/deeded parking for residents' vehicles. And at 29 floors, this beautiful high-rise is perched above Navy Pier, affording spectacular views of Lake Michigan and the downtown Chicago skyline.

This building's floorplans, which include anywhere from 1 to 3 bedrooms, come in all different sizes to suit the needs of different homebuyers. The average master bedroom is 202 square feet, although some can be as large as 208 square feet. The second bedroom is typically 132 square feet, which is still a good amount of space for a child’s bedroom—or it would even serve as a great spot for a home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly, so nobody will have to be left behind.

The price per square foot for property at 530 N. Lake Shore Drive is $417, and from listing to closing, the standard length of time a unit in this building stays on the market is 90 days. In regards to properties that are currently for sale, the average number of days a 1-bedroom unit has been listed for is 93. There are currently a few 1-bedroom residences available in this Streeterville high-rise that have an average listing price around $449,000. 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 $371 per month and taxes typically cost roughly $4,425 per year.