Chicago Place

About the Building

The Chicago Place skyscraper is best known for the shopping mall that fills its first nine floors and can be entered from Michigan Avenue's Magnificent Mile. However, what many don't know is that most of the rest of the building is under residential use, and it is home to some of the most attractive residences in Chicago. Chicago Place is just one residential development in the Magnificent Mile corridor of the River North neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort. The condo development, which can be entered at 10 E Huron St, has been around since 1991 and has 205 separate units with fee/leased parking for residents with vehicles.

Chicago Place is a striking development offering units with a number of different layouts and an average of 1036 square feet of living space. The various floorplans include anywhere from 1 to 3 bedrooms with an average master bedroom size of 320 square feet. Typically, the kitchens are 118 square feet, providing plenty of space to cook dinner for the family, or whip up a feast to entertain friends at your new home. And speaking of entertaining, the living rooms in this building are designed with up to 408 square feet of floor space-enough to host small get-togethers, or just lounge around on your own in wide open privacy.

No matter where you live, there are some essential amenities that, in this day and age, we just expect to have. Other features are an added bonus that make the city lifestyle that much sweeter. Chicago Place incorporates the necessities with a touch of luxury from the rooftop aspects to handy building services to the critical elements back in your private abode. Luxury amenities or not, sometimes the most important factor in purchasing a new home is whether or not your four-legged family member can move in with you. This residential building is pet friendly, so start scoping out the perfect new spot for your furry friend's water bowl.

In addition to the basics of the building, you probably want the nitty-gritty behind the facade, too. Like how much can you expect to pay annually in assessments and taxes? Well, the average assessments for this sought-after Chicago residence are $498 per month, on top of taxes that typically cost $5,364 per year. And just to help you weigh out the nuts and bolts of purchasing a piece of real estate here, as opposed to some other building, we've compiled the most up-to-date data to suffice a comparison.

The price per square foot for property at 100 E. Huron is $361, with an average square footage of 1036. The smallest units offer 1025 square feet of living space, while the largest ones encompass 1129 square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 127 days. Just to give you an idea of the going rate today for this particular site, a 1-bedroom unit with sold for $385,000 in February of 2007. There are currently few 1-bedroom residences available in Chicago Place, with an average listing price around just or slightly above the market price.