Lake Meadows

About the Building

Lake Meadows is just one condo development in the beautiful Douglas neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort. Located at 601 E. 32nd St, the structure has been around since 1956 and has 140 separate units with assigned/deeded parking for residents with vehicles.

Lake Meadows is a striking development offering units with a number of different layouts and an average of 530 square feet of living space. The various floorplans include anywhere from studio to 3 bedrooms with an average master bedroom size of 200+ square feet. Typically, the kitchens are 85 square feet, providing plenty of space to cook dinner for the family, or whip up a feast to entertain friends at your new home. And speaking of entertaining, the living rooms in this building are designed with up to 400 square feet of floor space-enough to host small get-togethers, or just lounge around on your own in wide open privacy.

No matter where you live, there are some essential amenities that, in this day and age, we just expect to have. Other features are an added bonus that make the city lifestyle that much sweeter. Lake Meadows incorporates the necessities with a touch of luxury from the rooftop aspects to handy building services to the critical elements back in your private abode. Luxury amenities or not, sometimes the most important factor in purchasing a new home is whether or not your four-legged family member can move in with you. This residential building is pet friendly, so start scoping out the perfect new spot for your furry friend's water bowl.

In addition to the basics of the building, it’s important to learn a little bit about how much you can expect to pay annually in assessments and taxes. Well, the average assessments for this sought-after Chicago residence are $318 per month, on top of taxes that typically cost $1,151 per year. And just to help you weigh out the nuts and bolts of purchasing a piece of real estate here, as opposed to some other building, we've compiled the most up-to-date data to suffice a comparison.

The price per square foot for property at 601 E. 32nd St is $169, with an average square footage of 530. The smallest units offer 500 square feet of living space, while the largest ones encompass 545 square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 97 days. Just to give you an idea of the going rate today for this particular site, a studio sold for $93,000 in July of 2007. There are currently few studio residences available in Lake Meadows, with an average listing price around just or slightly above the market price.