This brand-new residential condo development that is located at 1122 W Catalpa in the popular Edgewater neighborhood of Chicago was completed as recently as 2006, and it’s rapidly becoming one of the most sought-after residences in Chicago's north side. The construction includes a total of 126 units that are spread out over three buildings, each of 11 stories. In addition to the building specs, units are offered in a number of different layouts and assigned/deeded parking is available for residents' vehicles.
In this day and age, there are some essential elements that we just expect have in our urban dwellings, while other features are an added bonus that make the city lifestyle that much sweeter. The units at 1122 W. Catalpa incorporate the basic necessities with a touch of luxury, from the handy building services and facilities to the amenities of your private abode. The building's floorplans, which include both 1- and 2-bedroom units, come in all different square footages to suit the needs of homeowners with varying family sizes. The average master bedroom is 124 square feet, although some can be as large as 130 square feet. The second bedroom is typically 132 square feet, still a good amount of space for the growing members of the household, or a great spot for the home office. And, in case your family includes a lovable cat or dog (or fish or bird, etc.), the building is pet-friendly.
The price per square foot for property at 1122 W. Catalpa is $338. From listing to closing, the standard length of time a unit in this building stays on the market is 117 days. In regards to properties that are currently for sale, the average number of days a 1-bedroom unit has been listed for is 150. There are currently many 1-bedroom residences available in this great development that maintain an average listing price around $246,562. In addition to the upfront price for real estate in this striking residential structure, it's helpful to know how much assessments and taxes are, since you'll be paying those on top of the mortgage. For this particular building, the average assessments are $205 per month and taxes cost between $1,500 and $4,000 per year.