Prairie Pointe

About the Building

This brand-new residential building in Chicago's historic Prairie District offers quality construction, spacious units and all the modern conveniences you need to live in comfort and modern luxury. Prairie Pointe was built as recently as 2006, and its walls are tapered, creating several corners along the eastern faces of the building, which enables more of the units to have lake views than a normal rectangular building would. Located at 1600 S. Prairie, this gorgeous Chicago condo development offers 156 individual units with a number of layouts and general vicinity parking for residents' vehicles.

In this day and age, there are some essential elements that we just expect have in our urban dwellings, while other features are an added bonus that make the city lifestyle that much sweeter. The units at 1600 S. Prairie incorporate the basic necessities with a touch of luxury, from the handy building services and facilities to the amenities of your private abode. The building's floorplans, which include anywhere from 1 to 3 bedrooms, come in all different square footages to suit the needs of homeowners with varying family sizes. The average master bedroom is 177 square feet, although some can be as large as 208 square feet. The second bedroom is typically 132 square feet, still a good amount of space for the growing members of the household, or a great spot for the home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly.

The price per square foot for property at 1600 S. Prairie is $332. From listing to closing, the standard length of time a unit in this building stays on the market is 337 days. In regards to properties that are currently for sale, the average number of days a 1-bedroom unit has been listed for is 98. There are currently a few 1-bedroom residences available in this South Loop development that maintain an average listing price around $447,500. In addition to the upfront price for real estate in this striking residential structure, it's helpful to know how much assessments and taxes are, since you'll be paying those on top of the mortgage. For this particular building, the average assessments are $358 per month and taxes cost about $3,000 per year.