The Pearson

About the Building

The Pearson stands out to area residents as one of the most attractive residential high-rises in Chicago's fashionable Gold Coast neighborhood. Situated at 250 E. Pearson, this 56-story tower sits at the edge of the beautiful Lake Shore Park and across the street from the Museum of Contemporary Art. The building's beautifully-crafted condos provide quality construction, spacious layouts and all the modern amenities you need to live in comfort. The various floorplans cater to single residents and families alike with as few as 1 bedrooms, or as many as 3 separate sleeping spaces to house the whole crew-including Fido and Fluffy, since the building has a "pets allowed" policy.

Just to give you the big picture, the units here average around 1,186 square feet, with the price per square foot at $419. Breaking it down a bit more, the smallest units at The Pearson encompass 1,144 square feet of living area, while the largest ones span 1,512 square feet. In addition to a varying number of bedrooms, the range of dwellings here accommodate with different sized kitchens, living rooms, dining rooms and family rooms. For example, if you are big into cooking and like to have the counter space to go with your passion, there are 112 square-foot kitchens, not to mention 621 square-foot dining room in which to serve your culinary creations.

In addition to knowing how big the place actually is-and whether you'll be able to fit your sectional sofa in the living room-potential buyers also find it helpful to get the low down on the selling history and current trends of properties in the building. Just to make it easy on you, we've compiled all those knit picky facts and figures, so here you go...

The minimum time from the listing date to closing, a unit in this building has been on the market is 45 days; the maximum length of time is 252 days. Depending on the number of bedrooms, the average market time for a property in this building fluctuates. For instance, a 1-bedroom unit in The Pearson typically stays on the market for 105 days before it sells, while a place with 3 bedrooms tends to stay on the market for 252 days. And to give you an idea of the going rate today for real estate at this particular site, a 1-bedroom unit sold for $510,000 around 05/15/2007.