Burnham Pointe

About the Building

This condo development at 730 S. Clark in the increasingly popular South Loop neighborhood is currently under construction and its scheduled completion is set for 2008. When completed, this residential high-rise will stand at 28 stories, just south of the Loop, providing breathtaking views of the downtown Chicago skyline and the museum campus. The building will feature spacious units, quality construction and all the amenities you need to live in comfort and style. From the individual unit features to the useful building services and facilities, this site is a homeowner's dream.

The units in Burnham Pointe come in a number of layouts and offer residents a range of pricing to suit all family sizes and budgets. Generally speaking, the price per square foot for property at 730 S. Clark is $343, with an average square footage of 901. The smallest units offer 737 square feet of living space, while the largest ones encompass 964 square-foot floorplans. The maximum number of bedrooms available in this building is 2 which can be 132 square feet in area. On the other hand, if you don't need a lot of room, there are 1-bedroom units that are 132 square feet.

The standard length of time a unit in this building stays on the market is around 60 days, although some take as long as around 90 days to sell. Currently, there are many 1-bedroom residences available at 730 S. Clark. The average listing price for these units is $309,365 and the average sale price is a very competitive price. To give a better idea of the going rate for property in this particular building, a 1-bedroom here went for a very competitive price around a month back.

In addition to the price of the units themselves, it is always helpful to know how much you're going to have to pay in taxes and assessments to live somewhere. For this South Loop residential building, homeowners generally pay between $1,500 and $4,000 per year in taxes and an average of $305 in assessments each month.