Gotham Lofts

About the Building

You'll feel right at home in this attractive condo building on the western side of Chicago's downtown Loop neighborhood, and you’ll be able to walk to work, as this place is close to everything. The place offers spacious units, quality construction and all the amenities you need to live in comfort and modern luxury. Located at 420 S. Clinton, the structure has 188 individual units with general vicinity parking for residents' vehicles.

This great building offers residences a number of diverse layouts and an average of 600 square feet of living space. The different floorplans include anywhere from studio to 2 bedrooms with a standard master bedroom size of 165 square feet. Generally, the kitchens are 80 square feet, providing plenty of room to prepare a meal for the family, or throw together a banquet-size spread for a few friends at your new home (who knows, maybe you'll even invite over the neighbors for a little meet and greet).

Grand dinner parties or not, sometimes the deal breaker in purchasing a new home is whether or not your four-legged family member is welcome. Well, in case you have a Fido or other furry friend waiting in the wings, you'll be happy to know this residential building is pet friendly. So don't forget to scope out that new spot for the food dish.

In addition to the building details of the Gotham Lofts, you're probably interested in learning a little something about the cost of living in a fashionable place like this. Such as, for example, how much you might have to pay in assessments and taxes every year. Well, the typical assessments for this charming Chicago residence are $197 per month, in addition to average annual taxes of $1,795. And just to help you see how a piece of real estate here stands up to property in other buildings in Chicago’s Loop, or elsewhere in the city, we've compiled the most up-to-date data-in case you want to compare.

The price per square foot for a unit in the Gotham Lofts is $361; the smallest properties offer 600 square feet of living space, while the largest ones encompass 1000 and above square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 65 days. And just to give you an idea of the building's residential real estate value today, a studio sold for $256,000 in June of 2006. The average listing price of a home at 420 S. Clinton is just or slightly above the market price, and there are currently several studio residences available at this lovely great residential enclave.