Faulkner House

About Faulkner House

Faulkner House sits at 70 W Burton Place in Chicago. This 31-story high rise contains 270 condo units. The site sits near the intersection of Burton Place and LaSalle Street. The tower occupies a downtown block and reads as a prominent address on the street. The Chicago River runs a short walk from the property. Nearby community points include The Lake Shore Music Studio, Early Learning Foundations, and Tiparos. Local transit and surface streets place the building within easy reach of central business areas and neighborhood services. Units have 1 bedroom and range from 900 to 1,000 sq ft. Current asking prices run from $314,900 to $315,000. Construction finished in 1966, which gives the property a mid-century character in its layout and common areas. The mix of unit sizes stays consistent across most floors. Sales activity shows a lowest sold price in the last 12 months around $200,000. The average closed price for the building is $243,000 and the average price per sq ft is $345. Homes spend 72 days on the market on average. These metrics help set expectations for buyers and sellers. Building amenities include intercom, laundry, valet/cleaner services, commissary, golf course access, a park, and a receiving room. The property has an on-site restaurant, tennis courts, a water view, both in-ground and indoor pools, elevators, an exercise room, and a health club. Additional features consist of a sundeck, picnic area, clubhouse, bike room and trails, party room, and service elevators.