340 on the Park is a condo building in the Loop neighborhood of Chicago, Illinois, built between 2005 and 2009. It currently has 7 condos for sale with an average list price of $793,857.14 and 6 lots for sale with an average list price of $39,166.67. The homes range in size from 1,040 ft2 to 4,010 ft2. The HOA fees range from $740 to $3,184 per month. The average annual property tax for 340 on the Park is $22,269.57. It is located in Cook County.
340 on the Park is a luxury condominium high-rise located at 340 E. Randolph Street in the Loop. Built in 2007 by LR Development, this building sits just east of Michigan Avenue overlooking a botanical garden and park, the Chicago River, and the Magnificent Mile skyline. To the south, views of Lake Michigan and Monroe Harbor, Millennium and Grant Parks can be enjoyed.
At the time of its completion, 340 on the Park was the second tallest all-residential building in Chicago. This 64-story building was the first in Chicago to meet the U.S. Green Building Council’s certification standard, earning the Silver LEED certification for its "green" design. The building offers 344 units with one to three bedrooms which include quartz counters, stainless appliances, bamboo floors, spa tubs and terraces.
340 on the Park amenities feature a fitness center, 25-foot indoor lap pool, sauna and hot tub, a club room with a catering kitchen, 24-hour doorman, winter garden with terrace, business center, heated garage, bike room and on-site valet and cleaners.
Dogs and cats are welcome. Additionally, there is a connection to the Chicago Pedway system.
Dogs Allowed
Cats Allowed
Bike Room/Bike Trails
Business Center
Cats Allowed
Clubhouse
Coin Laundry
Commissary
Dogs Allowed
Door Person
Elevator(s)
Exercise Room
Health Club
On Site Manager/Engineer
Park
Party Room
Pool (Community)
Public Bus
Restaurant
Security
Service Elevator(s)
Sidewalks
Spa/Hot Tub
Storage
Sundeck
Tennis Court(s)
Valet/Cleaner
Water View
Waterfront
340 on the Park home sales for the month of December rose in volume by 100% when compared to last year, while the median sale price decreased by 65.4% from $1,800,000 to $622,250. Condo sales rose by 100%, while the median sale price decreased by 65.4% from $1,800,000 to $622,250.
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28
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12
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21
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15
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$897,500
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$783,500
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$875,000
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$1,050,000
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||