The Hermitage

About the Building

The building at 70 W. Huron is a residential development in River North neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort and style. Built in 1985, the Hermitage on Huron is a 26-story residential high-rise in a beautiful neighborhood of Chicago. From the individual unit features to the useful building services and facilities, this site is a homeowner's dream.

The units in this impressive Chicago condo development 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 70 W. Huron is $278, with an average square footage of 675. The smallest units offer 650 square feet of living space, while the largest ones encompass 750 square-foot floorplans. The maximum number of bedrooms available in this building is 2 which can be 200+ square feet in area. On the other hand, if you don't need a lot of room, there are studio-bedroom units that are 132 square feet.

The standard length of time a unit in this building stays on the market is 90 days, although some take as long as 106 days to sell. Currently, there are few studio residences available at 70 W. Huron. The average listing price for these units is $194,000, and the average sale price is $188,500. To give you a better idea of the going rate for property in this particular building, a studio-bedroom here went for $195,000 in August 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 $1,536 per year in taxes and an average of $228 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 70 W. Huron.