The Edge

About the Building

The Edge is a new Chicago condo development in Chicago's downtown Loop that offers spacious and comfortable units in the heart of one of Chicago’s liveliest neighborhoods. The building was built on top of the old Western Newspaper Union printing building, which had been standing on the western edge of the Loop since 1913. Located at 210 S. Desplaines, the Edge has been around since 2004 and has 224 separate units with standard parking for residents with vehicles.

The Edge is a striking development offering units with a number of different layouts and an average of 590 square feet of living space. The various floorplans include anywhere from studios to 2-bedroom units with an average master bedroom size of 200+ square feet. Typically, the kitchens are 84 square feet, providing plenty of space to cook dinner for the family, or whip up a feast to entertain friends at your new home. And speaking of entertaining, the living rooms in this building are designed with up to 540 square feet of floor space-enough to host small get-togethers, or just lounge around on your own in wide open privacy.

No matter where you live, there are some essential amenities that, in this day and age, we just expect to have. Other features are an added bonus that make the city lifestyle that much sweeter. The Edge incorporates the necessities with a touch of luxury from the rooftop aspects to handy building services to the critical elements back in your private abode. Luxury amenities or not, sometimes the most important factor in purchasing a new home is whether or not your four-legged family member can move in with you. This residential building is pet friendly, so start scoping out the perfect new spot for your furry friend's water bowl.

In addition to the basics of the building, you probably want the nitty-gritty behind the facade, too. Like how much can you expect to pay annually in assessments and taxes? Well, the average assessments for this sought-after Chicago residence are $271 per month, on top of taxes that typically cost between $1,500 and $4,000 per year. And just to help you weigh out the nuts and bolts of purchasing a piece of real estate here, as opposed to some other building, we've compiled the most up-to-date data to suffice a comparison. Take a look...

The price per square foot for property at 210 S. Des Plaines is $362, with an average square footage of 590. The smallest units offer 575 square feet of living space, while the largest ones encompass 605 square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 179 days. Just to give you an idea of the going rate today for this particular site, a studio unit sold for $208,000 around July of 2006. There are currently few studio-bedroom residences available in The Edge, with an average listing price around just or slightly above the market price.