Jefferson Tower

About the Building

Jefferson Tower is a new high-rise condo development in the fashionable Fulton River District that was completed as recently as 2006. The building stands at 24 stories, and as one of the tallest buildings in the immediate vicinity, it affords some of the best cityscape views in the neighborhood. In addition, the building offers spacious units, quality construction and all the amenities you need to live in comfort. Located at 200 N. Jefferson, the structure has 198 separate units with assigned/deeded parking for residents with vehicles.

Jefferson Tower is a striking development offering units with a number of different layouts and an average of 907 square feet of living space. The various floorplans include anywhere from 1 to 2 bedrooms with an average master bedroom size of 192 square feet. Typically, the kitchens are 83 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 378 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. Jefferson Tower 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, it’s important to have an idea how much can you expect to pay annually in assessments and taxes? Well, the average assessments for this sought-after Chicago residence are $338 per month, on top of taxes that typically cost about $229 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 200 N. Jefferson is $336, with an average square footage of 907. The smallest units offer 623 square feet of living space, while the largest ones encompass 1092 square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 87 days. Just to give you an idea of the going rate today for this particular site, a 1-bedroom unit sold for $295,000 in August of 2007. There are currently few 1-bedroom residences available in Jefferson Tower, with an average listing price around $332,600.