Silver Tower

About the Building

This building is currently under construction at 303 W. Ohio St in Chicago's popular River North neighborhood. At its completion in 2009, this high-rise condo development promises to be one of the most sought-after residences on the near north side of Chicago. This dramatic structure will be a lofty tower of silver and glass, raised up over a neighborhood of brick mid-rise buildings. The building will feature a doorman, a 24-hour fitness center, a landscaped patio garden, and bicycle storage areas. The Silver Tower promises to be one of the most talked about new additions to the Chicago skyline.

The units in the Silver Tower 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 303 W. Ohio is $436, with an average size of 860 square feet. The smallest units offer 783 square feet of living space, while the largest ones encompass 947 square-foot floorplans. The maximum number of bedrooms available in this building is 2, and each of the bedrooms can be as large as 140 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 this building stays on the market is around 60 days, although some take as long as around 90 days to sell. Currently, there are few 1-bedroom residences available at 303 W. Ohio. The average listing price for these units is $375,400 and the average sale price is a very competitive price.

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 $1,500 and $4,000 per year in taxes and an average of $328 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 303 W. Ohio.