Lakeside On The Park

About the Building

This beautifully-constructed condo development in the up-and-coming South Loop neighborhood has been around since 2005 and offers all the modern amenities you need to live in comfort and style in the big city. The building, which is located at 1250 S. Indiana, houses 168 separate units with general vicinity parking to accommodate residents who own their own vehicles. In addition to the beautiful craftsmanship of the building, this South Loop dwelling offers several different layouts with varying numbers of bedrooms and unit size.

On average, the residences in this building provide 874 square feet of living space. The choice of floorplans include anywhere from 1 to 3 bedrooms, which can range in area from 132 square feet to 144 square feet. But home isn't only about where you lay your head at night-the rest of the place is just as essential when looking for that perfect abode. The cook in the household will find the kitchens here are divine, covering 93 square feet of the entire unit. That's enough room to whip up a delicious five-course meal for the occasional dinner party, which can be hosted in the 213 square-foot dining room. In addition, units include 286-foot living rooms, which are perfect for hosting small parties, or for just spreading out and relaxing by yourself.

In addition to the unit basics, you'd probably like to know some of the figures behind the fundamentals-more specifically, what's a place like this in the South Loop neighborhood of Chicago going to cost? Of course, the numbers vary depending on the particular unit, but the average listing price for a unit in the building is $335,000. The latest 1-bedroom place to sell went for $287,000 in August of 2007. On top of the asking price, it's important to consider the added expenses residents need to pay in taxes every year. For property in this building, the taxes generally cost $3,632 annually, so factor that in when calculating that mortgage rate.