The Flats On Lasalle

About the Building

The Flats on LaSalle is an impressive Chicago condo building in the Near North Side neighborhood that offers spacious units, quality construction and all the amenities you need to live in style and comfort. Located at 1140 N. LaSalle, the structure has been around since 1924 and has 250 separate units with general vicinity parking for residents with vehicles.

The Flats on LaSalle is a striking building offering units with a number of different layouts and an average of 343 square feet of living space. The various floorplans include anywhere from studio to 1 bedrooms with an average master bedroom size of 200+ square feet. Typically, the kitchens are 80 - 130 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 255 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 Flats on LaSalle 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 to know a little bit about financing a place like this in the Gold Coast, like how much you can expect to pay annually in assessments and taxes. Well, the average assessments for this sought-after Chicago residence are $216 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.

The price per square foot for property at 1140 N. LaSalle is $403, with an average square footage of 343. The smallest units offer 300 square feet of living space, while the largest ones encompass 375 square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 211 days. Just to give you an idea of the going rate today for this particular site, a studio unit sold for $138,900 around 08/16/2007. There are currently few studio-bedroom residences available in The Flats on LaSalle, with an average listing price around $133,820.