Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!
Issue link: http://digital.greengale.com/i/692589
michiganavemag.com 147 photography by Fred Winston, ChiCago; opposite page: photography by dave burk (interiors); tom rossiter (exterior) this page, clockwise from top left: The Heritage's airy, inviting lap pool, sleek exterior, and lobby. opposite: The Legacy offers luxuriously appointed two- and three-bedroom residences just steps from Millennium Park. residential condo buildings have five-star amenities that include great fitness centers, parking, on-site management, concierge service, 24/7 doormen, floor-to-ceiling windows, and phenomenal views—The Heritage (130 N. Garland Court; heritagecondo.com), built in 2005, and The Legacy (60 E. Monroe St.; thelegacyatmilleniumpark .com), built in 2009. LR: They were developed and built by the same team. But The Legacy still has 25 units left because it got caught in the crash, so it's ideal for people who want totally new construction. What's the difference? LR: They have nearly the same number of units, but The Legacy is 72 stories compared to 57 for The Heritage and has smaller floor plates. So there are fewer units per floor and no long, awkward hallways. Plus the higher units have spectacular views. SB: The Heritage also connects to the pedway that goes from Illinois Center to the LaSalle Street financial district, but The Legacy has a dog run and an indoor pool. And it has higher price points because it's newer. What can you buy in each building? LR: Legacy pricing for the 24 units left is down significantly for closeout. Units range from 1,300- 1,500-square-foot two-bed, two-baths for $660-$905K to 2,000-2,450-square-foot three-bed, 3.5-baths from $1.16-$2M. Parking is $50-$65K depending on floor. But our office is also marketing a 9,500 -square-foot whole-floor unit on 71 for $9.5M. SB: There are only 13 units available in The Heritage, and they sell quickly, especially three- beds that run from $800K- $1.8M. I just sold a two- bed, two-bath with parking for $498,944 in one day and have a new one coming on the market next month with three exposures. Our office is also marketing the four- bed, 4.5-bath penthouse on 57 for $3.125M. .