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Review Building Profile of Marquee Tower

1464 S. Michigan, Chicago, Ill., 60605(MAP)
Between 14th and 16th
Area: Near South Side (8033)
Miles to public-transit stop:

Jill Landers  

Click photo to enlarge

Not-Yet Participant Data in the yellow-tinted section gathered from informed, reliable sources other than the condo association, its property manager or developer. For the source of any data, click the FAQs link at the bottom of any page.

Who's Who

Management Company:
Property Supervisor:   E-mail: 
On-Site Manager:
Association President:
Doorman:


General Information

Type/Style: Vintage; High Rise; Brick
Occupied: 2007 Became a Condo: 2007
Stories: 25 Total Units: 214
Residential units: 214
Residential units occupied by owner: Not available

Parking: Some Spaces Deeded; Tenant; Indoor
Restrictions:
Assessment includes:
Heat/Cool:


Facilities/Amenities

General: Elevators (3 passenger); Landscaping; Storage Locker; Web Site; Bike Room; Landscaped roof with dog run, Media/theater room; Exercise room; Sundeck; Yard
Staff: Builder/Developer: Sedgwick Properties, Doorman
Commercial/Nonresidential uses:
Security: 24HR Doorman; Other: Intercom entry


New Construction

Timeline:Breaking ground 2005. Delivery planned summer 2007
Noteworthy:As of July 2008, 27 units remain for sale, prices range from $350-500K, sales center located at 1454 S Michigan Ave
Construction Supervisor:Sedgwick Properties



Market Data
Prices displayed are updated as we receive information from the developer. For current prices, visit the developer’s Web Site.
   
Unit TypeBRsBAsSqFt2009 Median PriceAvg Monthly AssmtPrice/SqFt
06 Tier11.00$0$0
06 Tier11.00$0$0
08 Tier11.00$222,000$217
08 Tier11.00$215,000$208
08 Tier11.00$0$0
1306 Tier11.00$210,900$194
10 Tier11.50$0$0
11 Tier11.50$250,000$200
05 Tier21.00$0$0
07 Tier21.00  
09 Tier21.00$292,000$271
09 Tier21.00$0$0
01 Tier22.00  
01 Tier22.03  
01 Tier22.00$381,250$274
02 Tier22.00  
02 Tier22.00$340,900$250
02 Tier22.00$0$0
03 Tier22.00$0$0
03 Tier22.00$0$0
03 Tier22.00$322,000$308
03 Tier22.00  
04 Tier22.00$0$0
05 Tier22.00  
07 Tier22.00$0$0
07 Tier22.00$0$0
07 Tier22.00$0$0
01 Tier32.00$0$0
04 Tier32.00$0$0
04 Tier32.00$0$0
04 Tier32.00$0$0
09 Tier32.00$0$0
Penthouse 01 Tier32.50  
Penthouse 03 Tier32.50$0$0
Penthouse 04 Tier32.50  
Penthouse 05 Tier32.50  
Penthouse 06 Tier32.50  
Penthouse 07 Tier32.50$0$0
Penthouse 02 Tier33.00  
An * after name of unit type indicates that the Median Sales Price was estimated by using the average MSP per square foot for all unit types in this building, because no units of this type were reported closed during the 12-month period.
Annual Turnover: 5%. Average Market Time: 173 days


Annual Ownership Costs
  Low High Avg Per SqFt
Maintenance Fee
Property tax (Based on 2009 taxes)
Utilities (Approx $0.60/sf if heat inc. in assess, $1.15/sf if not)
Homeowner's Insurance (Roughly 30 cents PSF)      
Parking      
   Rent  (per year)  
   Purchase $29,900    

Schools
TypeNameBlocks to
Condo
$/StudentEnrollmentStdnts/TchrTest Scores
Public GradeSouth Loop $6,641 20 
Public HighPhillips Academy $14,451 12 

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