345 N La Salle Drive, Chicago, 60654
The Sterling is a 50-story high rise on the southeast corner of LaSalle and Kinzie, near the Chicago River. It opened in 2002 and has 389 residential units ranging from studios to three-bedroom units. Owners in the building have been troubled. As of March 10, 2012, 75% of sales in the building were distressed and as of April 10, 2012 almost 63% of the units in the building were being rented. 10 units were in foreclosure and 14 were delinquent in their assessments.
The amenities offered by The Sterling include hospitality/party room, sun deck, two outdoor tennis courts, an outdoor heated pool, and a fitness center. The commercial space on ground level includes CVS Pharmacy, dry cleaning, Quizno's, and a 7-11. There is an on-site management office, as well as 24-hour maintenance and door staff. The building does not have parking itself, but an adjacent building contains an eleven-story parking garage. Parking is separate from the condominium association.
The units feature a washer/dryer in each unit, garbage disposal, open kitchen plans, and granite countertops. Some units have private balconies, and many have stainless-steel appliances and hardwood floors. Monthly assessments include heat, air conditioning, and basic cable.
Floor plans vary depending on whether it is an even or odd floor; the chart below indicates, when necessary.
|Floor Plate||Floors||Unit||Sq Ft||Beds||Baths||Floor Plan|
|2-12 even, 15-31 odd||07||860||1||1||Floor Plan|
|3-11 odd, 14-30 even||02||1160||1||1||Floor Plan|
|3-11 odd, 14-30 even||07||850||1||1||Floor Plan|
|3-11 odd, 14-42 even||01||1160||2||2||Floor Plan|
|3-11 odd, 16-30 even||06||1140||2||2||Floor Plan|
|4-12 even, 15-31 odd||02||750||1||1||Floor Plan|
|4-12 even, 15-31 odd||04||750||1||1||Floor Plan|
|32-36 even, 40-46 even||02||1710||3||2||Floor Plan|
|32-44 even||05||850||1||1||Floor Plan|
|33-45 odd||02||1630||3||2||Floor Plan|
|33-45 odd||05||850||1||1||Floor Plan|
|43 and 45||01||1160||2||2||Floor Plan|
|46 and 48||04||1130||2||2||Floor Plan|