Daily News

About the Building

This condo development in Chicago's popular West Loop neighborhood is of particular historical significance because it's located in the old Chicago Daily News building. Although it is just one of the residential developments in the West Loop, the Daily News building is a favorite among neighborhood locals. Situated at 222 S. Racine Ave, these beautifully-crafted units 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 1,070 square feet, with the price per square foot at $278. Breaking it down a bit more, the smallest units in the Daily News building include 890 square feet of living area, while the largest ones span 1420 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 138 square-foot kitchens, not to mention 750 square-foot dining room in which to serve your culinary creations.

The minimum time from the listing date to closing, a unit in this building has been on the market is 37 days; the maximum number of days is 83. Depending on the number of bedrooms, the average market time for a property in this building fluctuates. For instance, a 1-bedroom unit in Daily News has typically been up for sale for 77 days while a place with 3 bedrooms tends to stay on the market for 83. And to give you an idea of the going rate today for real estate at this particular site, a 1-bedroom unit sold for $265,000 in February of 2007.