Chicago River Condo

A Chicago River Condo is very popular among people that work in the downtown area of Chicago. The Downtown area is comprised of areas known as The Loop, South Loop, West Loop and River North.  These areas combined make up a huge population of Chicago even though the square footage of the area is not that large.  The main reason for this is most properties on this land known as “Downtown Chicago” have several floors to them, many of them over forty and fifty floors.

Two of the largest buildings in the downtown Chicago area are the Sears Tower and The John Hancock building.  They are 110 floors and 103 floors respectively.  With that many floors, you can literally have hundreds of families living in a single block area of Chicago.

With so many people living in one area, you can image the choice for condos.  Chicago River Condos are always in demand and, because of the volume of units built and being built, there’s always a nice selection of style and locations.  You can get a Chicago River Condo for as low as one hundred thousand, or it can go as high as several million for some of the penthouse suites in the newer skyscraper buildings that are going up now.  It was rumored that a gentleman that was the owner of the famous “beanie babies” company put earnest money down for a $40 million 140th floor penthouse suite in one of Chicago’s newest developments called The Chicago Squire.

There are high and low prices for these condos, but generally the average condo in this area will range around $585,000.  In 2008, 2300 condos closed in the area commonly called Chicago River North.  Today there are well over five thousand condos currently active in these four areas, Chicago’s The Loop, Chicago’s South Loop, Chicago’s West Loop and Chicago’s River North.  The choice is incredibly abundant.  You can literally have your pick of a studio condo of 500 square feet or a deluxe penthouse suite of 10,000 square feet priced in the millions.

The typical process of owning one of these incredible gems in a fantastic area of Chicago starts with calling OwnACondo.com to start looking at where these condos are exactly and at what cost.  Our condo consultant will start by giving you a detailed list of everything that’s for sale and will help you get financially qualified through “FinanceACondo.com.”  Our lenders will immediately be able to tell if you can afford a $200,000 Loop condo or a $2,000,000 River North penthouse.  It’s as easy as a simple phone call to get started.  Call us at 866.696.6622 to get started buying your Chicago River Condo.