Randolph Place

About the Building

Here at 165 N. Canal, homebuyers find an attractive, well-maintained site in which to settle down and enjoy the comforts of home among the beautiful environs of Chicago's downtown Loop. The Randolph Place Lofts was first built in 1922, but it was converted into residential lofts and renovated in 1999. Now, Randolph Place is one of the most desirable Chicago condo developments in the city center.

Housing 341 separate units, this development offers a number of different layouts to suit its residents' individual needs and preferences. Whether you want a 3-bedroom place with a 153 square-foot master suite, or simply desire a 1-bedroom unit with enough space for you and your pet (which, by the way, are permitted in this building), the various floorplans will have the perfect fit to make you feel right at home.

While size is a major factor in selecting a new place to live, price is up there, too. Of course it's all relevant-the larger the unit the bigger the price tag-but to give you a general idea, the price per square foot for property in this building is $254, with an average listing price around $304,833 and an average selling price of $300,691. Typically, properties in this great building are on the market for 68 days. And, as is standard for most residential real estate, some unit sizes sell quicker than others. The most recently purchased unit here was a 1-bedroom home which sold for $336,000 in August of 2007.

Perhaps the reason so many homeowners love this particular site is because the residences at 165 N. Canal incorporate the necessities with a touch of luxury from spacious living rooms to 131 square-foot kitchens. Get all the contemporary amenities and modern features of today's best big city homesteads without sacrificing a bit of charm.