River Place On The Park

About the Building

Completed as recently as 2006, River Place on the Park is one of the most desirable places to live in Chicago's Near North neighborhood. This high-rise condo development at 680-700 N. Larrabee offers spacious units, quality construction and all the amenities you need to live in comfort and style. From the individual unit features to the useful building services and facilities, this site is a homeowner's dream.

The units in River Place on the Park come in a number of layouts and offer residents a range of pricing to suit all family sizes and budgets. Generally speaking, the price per square foot for property at 680-700 N. Larrabee is $347, with an average size of 853 square feet. The smallest units offer 800 square feet of living space, while the largest ones encompass 1,100 square-foot floorplans. The maximum number of bedrooms available in this building is 3 which can be 168 square feet in area. On the other hand, if you don't need a lot of room, there are 1-bedroom units that are 132 square feet.

The standard length of time a unit in River Place on the Park stays on the market is 133 days, although some take as long as 374 days to sell. There are currently a few 1-bedroom residences available in this building. The average listing price for these units is just or slightly above the market price and the average sale price is $298,947. To give a better idea of the going rate for property in this particular building, a 1-bedroom here went for $300,000 in June of 2007.

In addition to the price of the units themselves, it is always helpful to know how much you're going to have to pay in taxes and assessments to live somewhere. For this River North residential building, homeowners generally pay between $1,500 $4,000 per year in taxes and an average of $208 in assessments each month.

One more thing, in case you have a little furry friend at home who is planning on making the move with you-this building welcomes pets. So go ahead and pack up the toys, leashes, litter boxes, and food dishes because Fido or Fluffy may just become the newest four-legged neighbor at 680-700 N. Larrabee.