Burnham Park Plaza

About the Building

Here at 40 E. 9th Street in Chicago's rapidly developing South Loop neighborhood, homebuyers find an attractive condo development in which settle down and enjoy the comforts of urban living. The building is located within walking distance from downtown Chicago and the museum campus, and it features breathtakingly spacious and comfortable residences. Part of the reason that so many homeowners love this particular site is because the residences at 40 E. incorporate the necessities with a touch of luxury from spacious living rooms to 66 square-foot kitchens. Get all the contemporary amenities and modern features of today's best big city homesteads without sacrificing a bit of charm.

Housing 290 separate units, this development offers a number of different layouts to suit its residents' individual needs and preferences. Whether you want a 3-bedroom place with a 165 square-foot master suite or simply a studio unit with enough space for you and your pet (which, by the way, are permitted in this building), the various floorplans will have the perfect fit to make you feel right at home.

While size is a major factor in selecting a new place to live, price is up there, too. Of course it's all relevant—the larger the unit the bigger the price tag—but to give you a general idea, the price per square foot for property in this building is $255, with an average listing price around just or slightly above the market price and an average selling price of $133,666. Typically, properties in this great building are on the market for 93 days. And, as is standard for most residential real estate, some unit sizes sell quicker than others. The most recently purchased unit here was a studio that sold for $127,000 in December of 2006.