340 on the Park Condos For Sale
340 East Randolph, Chicago, IL 60601
340 on the Park Chicago: At a Glance
340 on the Park at 340 East Randolph is a high-rise residential tower in the New Eastside luxury neighborhood, which includes 344 residential condos. Here's what buyers need to know:
- It is the first ecologically-friendly tower in the Midwestern USA with Silver LEED certification for its green design
- One-bed, two-bath units typically start at $500,000, with two-bed and three-bed units going for over $1,000,000
- HOA fees are high as they subsidize exclusive amenities, including a doorman, heated garage parking, and on-site maintenance
- Most units feature spacious floor plans, Snaidero cabinets, floor-to-ceiling windows, and access to a private pool and sky garden atrium
Interested in 340 on the Park Chicago condos for sale? 340 on the Park Chicago condos were built in 2008 as the city’s first ecologically-friendly high-rise tower. The building features 344 modern residences with one to three bedrooms, and received Silver LEED certification for its green design. Read more about 340 on the Park condos for sale
To learn more about 340 on the Park, click on the featured listings below, or call us today at (312) 953-0961 to schedule a private showing for a unit at 340 E. Randolph that you'd like to see in person!
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Interested in condos for sale at Aqua? Call or text us today at (312) 953-0961 to schedule a private tour of the building and any of its available condo residences on the market!
About 340 on the Park Chicago Condos
340 on the Park is a residential tower in the Lakeshore East development of the New Eastside neighborhood, standing at 673 feet and containing 344 luxury condos. The tower was designed by Solomon Cordwell Buenz, who also designed The Legacy, and built by Magellan Development, with construction completed in 2007. It is the first residential tower in the Midwestern United States to receive Silver LEED certification for its green design.
The tower is located next to Randolph Street and features unobstructed views of Millennium Park, Grant Park, and Lake Michigan. Most units come with floor-to-ceiling windows and premium finishes, with residents enjoying access to a range of resort-style amenities. One-bed, two-bath units typically start around $500,000 and go for close to $900,000, with two-bed and three-bed units going for over $1,000,000.
Features & Amenities at 340 on the Park Chicago
Common amenities at 340 on the Park are right on par with other luxury buildings in the New Eastside. Residents already living in the building enjoy a host of common features that include a spa-quality exercise facility, sauna, steam room, and lap pool; a sky garden atrium that also functions as a winter garden on the 25th floor; a full-service business center for at-home entrepreneurs; on-site management and maintenance; 24-hour door service; and heated garage parking. For extra convenience, 340 on the Park condos are connected to Chicago's Pedway system, giving residents quick, easy, and emission-free access to surrounding areas.
Most condos for sale at 340 East Randolph feature floor-to-ceiling windows with unobstructed views of Millennium Park, Grant Park, The Park at Lakeshore East, Lake Michigan, the harbor, and the stunning cityscape that surrounds the building. Other interior finishes usually include Snaidero cabinets, quartz countertops, stainless steel appliances, bamboo flooring, and spacious open floor plans. Private balconies are also included with select units.
Who 340 on the Park Chicago Works For (and Who It Doesn’t)
340 on the Park is best suited for three types of buyers:
Downtown professionals, such as corporate executives and lawyers working in The Loop or the Chicago Pedway corridor, looking to save valuable time via a quick commute and in-house exercise facilities and maintenance services.
Empty nesters seeking a pied-à-terre in the city. The building includes 24/7 door staff, secure package receiving, and on-site maintenance, providing a worry-free "lock-and-leave" lifestyle.
Eco-conscious buyers who value sustainability and access to green space. 340 on the Park is the first LEED Silver Luxury high-rise in the Midwest and features energy-efficient systems and sustainable finishes. The tower also sits directly between Lakeshore East Park and Millennium Park.
Buyers who should explore other options are: price-conscious buyers (the building comes with high monthly HOA fees to subsidize high-end amenities) and those seeking close nightlife options, as the neighborhood is designed to provide a quiet residential atmosphere. Other options to consider for those needs include lower-HOA buildings in River North, the John Hancock Center, and Marina Towers.
Condos at 340 on the Park start around $500,000 for one-bed, two-bath units, with two to three-bed units going for over $1,000,000. HOA fees at 340 on the Park can range from $850 to $2000 per month, depending on the unit size and floor plan. The fees at this building are designed to cover utilities, building services, and access to luxury amenities, including the sky garden atrium, pool, and fitness center. No, you cannot Airbnb or run short-term rentals out of a condo at 340 on the Park. The HOA requires a minimum lease term of 12 months on all rentals, with these restrictions designed to protect the privacy and security of residents. 340 on the Park features a range of floor plans, including 1-bedroom, 2-bedroom, and 3-bedroom layouts. Penthouse floor plans are often available for those seeking more space at the top of the building. 340 on the Park residents have access to several exclusive amenities, including an exercise facility, sauna, steam room, and lap pool; a sky garden atrium on the 25th floor; a full-service business center; on-site management and maintenance; 24-hour door service; and heated garage parking. 340 on the Park is 673 feet and features 62 stories. Property taxes at 340 on the Park are dependent on the assessed value of the specific unit, including square footage, floor level, and views. 1-bedroom units can range from $11,000 to $16,000 annually, 2-bedroom units between $15,000 to $20,000, and 3-bedroom units from $28,000 to $35,000. Penthouse owners can expect property taxes of over $45,000 per year. 340 on the Park is a 100% residential luxury tower in the New Eastside neighborhood. Unlike mixed-use buildings like St. Regis or Trump Tower, residents can enjoy a completely exclusive community. The tower is the first in the Midwest to be Silver LEED certified and features energy-efficient utilities and eco-conscious finishes. Additionally, the building is in close proximity to Lakeshore East Park, Millennium Park, and Chicago’s Pedway system. FAQs About 340 on the Park Chicago
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340 on the Park condos are the gold standard in sustainable living. If life in this gorgeous building appeals to you, contact us today, and we'll be glad to show you around the properties for sale at 340 East Randolph Street in Chicago.
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Not seeing anything you like at 340 on the Park in Lakeshore East? Start browsing more Lakeshore East condos for sale, or contact us today at (312) 953-0961 for help with your Chicago home or condo search!
