Located at 60 E. Monroe, the Legacy at Millennium Park is soon to be the newest addition to the skyline of Chicago’s downtown Loop, and it promises to be one of the most attractive new skyscrapers in the city. Though it's still under construction, the building will be a 73-floor mixed-use high-rise that is scheduled to be completed in 2009. Unlike many of the skyscrapers in Chicago, the Legacy will be wide and narrow, which means that every condo will have a good view of Grant Park and Lake Michigan. When it is completed, the building will have 355 separate units with private parking to accommodate residents who have their own vehicles.
On average, the residences in this building will provide 1,189 square feet of living space. Floorplans will range from 1 to 3 bedrooms, which will be between 132 and 154 square feet. But home isn't only about where you lay your head at night—the rest of the place is just as essential when looking for that perfect abode. The cook in the household will find the kitchens here are divine, covering 126 square feet of the entire unit. That's enough room to whip up a delicious five-course meal for the occasional dinner party, which can be hosted in the 150 square-foot dining room. And what would a get-together be without a bit of mingling before sitting down to eat? Good thing there's a large 200+ square-foot living room to let your guests roam around, and not even have to worry about bumping elbows.
The lowest listing price in the building is $544,900 and the average is $552,400. In addition to the asking price, it's important to think about the added expenses residents need to pay in taxes every year. For property in this building, the taxes generally cost between $1500 and $4000 annually, so factor that in when calculating that mortgage rate.