This mid-rise condo building located at 20 N. State St in Chicago's downtown Loop is as centrally located a property can be in Chicago. This building has been around since 1930, but it was recently renovated and converted into luxury lofts. The building includes 106 different units that are spread out over 10 floors. From the spacious units to the quality construction, this building has all the amenities you need to live in comfort and style in the big city. From the individual unit features to the useful building services and facilities, this site is a homebuyer's dream.
The units in the Millennium Lofts come in a number of layouts and offer residents a range of pricing to suit all family sizes and budgets. Generally speaking, the price per square foot for property at 20 N. State is $293, with an average size of 698 square feet. The smallest units offer 600 square feet of living space, while the largest ones encompass 740 square-foot floorplans. The maximum number of bedrooms available in this building is 2 which can be 168 square feet in area. On the other hand, if you don't need a lot of room, there are 1-bedroom units that are 132 square feet.
The standard length of time a unit in this building stays on the market is 96 days, although some take as long as 297 days to sell. Currently, there are few 1-bedroom residences available at 20 N. State. The average listing price for these units is $234,900 and the average sale price is $198,331. To give a better idea of the going rate for property in this particular building, a 1-bedroom here went for $195,000 in August of 2007. In addition to the price of the units themselves, it is always helpful to know how much you're going to have to pay in taxes and assessments to live somewhere. For this great residential building, homeowners generally pay $2,719 per year in taxes and an average of $410 in assessments each month.
One more thing, in case you have a little furry friend at home who is planning on making the move with you-this building welcomes pets. So go ahead and pack up the toys, leashes, litter boxes, and food dishes because Fido or Fluffy may just become the newest four-legged neighbor in the Millennium Lofts.