Market Data as of August 31, 2026
Chicago Condominiums — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Chicago Condominiums at 385 Prince of Wales Dr in Mississauga City Centre is a 452-suite residential tower completed in 2011 by Daniels Corporation, currently showing three active listings for an availability rate of 0.7 percent. Leasing momentum remains steady: two leases closed in the past 30 days at an average of $2,575 per month with a 17-day marketing period, while the broader 90-day window captured 13 transactions averaging $2,294 per month and a 23-day average days-on-market.
Active asking rents at Chicago Condominiums average $2,067 per month across 533 square feet of suite space, translating to $3.97 per square foot. That per-square-foot rate sits 9.1 percent above the Mississauga City Centre submarket asking benchmark of $3.64 per square foot, meaning the building's lower nominal rent compared to the submarket average of $2,771 is driven by more compact suite sizing rather than a cheaper unit price. Against the building's own 90-day realized leases of $2,294 per month at 3.76 per square foot, current listings are priced below recent transaction levels, and the active inventory skews toward smaller footprints compared to the historical lease mix that was dominated by one-bedroom-plus-den layouts.
Marketing friction at Chicago Condominiums is modest but present: delisted units averaged 27 days on market, ten days longer than the 17-day closed-lease benchmark, and those unrented suites asked an average of $2,600 per month, which is $25 above realized lease averages, indicating overpricing relative to what tenants actually paid. On the negotiation side, 29.4 percent of recent leases closed below asking, with tenants securing an average discount of $19 per month or roughly 0.85 percent, a tenant-favorable dynamic worth factoring into offer strategy. Active inventory depth is thin across the board: each of the three available layouts—Studio, one-bedroom, and one-bedroom-plus-den—represents a single listing, so renters face no tier with multiple comparable options to choose from.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Chicago Condominiums as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Chicago Condominiums recently?
Chicago Condominiums carries three active listings as of August 31, 2026, with asking rents ranging from $1,850 to $2,250 per month, an average of $2,067 and a median of $2,100. The three suites average 533 square feet at a blended asking rate of $3.97 per square foot. With one unit each in the Studio, one-bedroom, and one-bedroom-plus-den tiers, inventory is evenly split across compact entry-level and mid-size layouts rather than concentrating in multi-bedroom executive suites.
What floor plans and unit layouts are currently available at Chicago Condominiums?
Chicago Condominiums shows a three-way tie among its active listings, with the Studio, one-bedroom, and one-bedroom-plus-den tiers each holding one unit at 33.3 percent of available inventory. The Studio offers 400 square feet at $1,850 per month and $4.63 per square foot; the one-bedroom provides 650 square feet at $2,250 per month and $3.46 per square foot; and the one-bedroom-plus-den delivers 550 square feet at $2,100 per month and $3.82 per square foot. Each tier is a single listing, so renters cannot compare multiple units within the same bedroom category.
What is the average asking rent and $/SF by suite size at Chicago Condominiums?
Chicago Condominiums spans a $400 monthly spread from its entry Studio at $1,850 to its peak one-bedroom at $2,250, a 21.6 percent range anchored around a median asking rent of $2,100. The entry-level Studio measures 400 square feet at $4.63 per square foot, while the peak one-bedroom offers 650 square feet at a more efficient $3.46 per square foot. Renters seeking the lowest monthly outlay get the smallest footprint, whereas the one-bedroom delivers the best value on a per-square-foot basis.
How much extra do parking spaces and dens cost at Chicago Condominiums?
Chicago Condominiums shows a negative den premium of $150 per month with a 100-square-foot reduction in suite size, meaning the one-bedroom-plus-den layout is actually smaller and cheaper than the standard one-bedroom rather than commanding a surcharge for extra space. Active parking premiums cannot be reliably isolated from current listings due to an insufficient paired sample, and historical lease data likewise lacks verified parking cost benchmarks, so no definitive parking add-on figure can be quoted.
How do asking rents at Chicago Condominiums compare to local and municipal benchmarks?
Chicago Condominiums asks an average of $2,067 per month at $3.97 per square foot, compared to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The building's 9.1 percent premium on a per-square-foot basis confirms that its lower nominal rent is a function of smaller average suite size (533 square feet) rather than a discount in unit pricing. Chicago Condominiums accounts for three of the 242 active listings across the submarket, representing roughly 1.2 percent of total available inventory.
Recent Leased Transactions & Contract Prices
Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Chicago Condominiums (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Chicago Condominiums last month, and how fast did they rent?
Chicago Condominiums at 385 Prince of Wales Dr closed leases in 17 days on average over the past 30 days, compared to a 23-day average over 90 days and a 21-day lifetime benchmark, all tracking against the Mississauga City Centre submarket average of 23 days. The building recorded 2 closed leases in the last 30 days, 13 in the trailing 90 days, and 17 over its full tracked history. Leasing turnover accelerated through the summer, with June alone accounting for 7 of the 13 deals logged in the 90-day window, before moderating to 4 in July and 2 in August.
What is the negotiation spread between asking rents and closed lease prices at Chicago Condominiums?
Chicago Condominiums tenants negotiated an average discount of $19 per month (0.85% below asking), translating to $228 in annual savings per unit. This represents a clear tenant-favorable outcome where landlords conceded on price to close deals. Only 29.4% of leases closed under asking, meaning roughly 7 out of every 10 transactions settled at or above the listed rate, but the net direction still favours the renter side.
What are typical executed lease prices across different layouts at Chicago Condominiums?
The two highest-volume anchor layouts at Chicago Condominiums are the 1-Bedroom + Den (7 leases, $2,393 average, 27 DOM) and the Studio (4 leases, $1,825 average, 20 DOM). The 1-Bedroom tier closed 3 leases at an average of $2,167 per month (median $2,100, P25–P75 range $2,100–$2,200), averaging 617 square feet at $3.53 per square foot with 11 days on market. This is a limited sample of 3 closed leases and serves as a directional indicator only. The 2-Bedroom tier also closed 3 leases at an average of $2,800 per month (median $2,800, P25–P75 range $2,775–$2,825), averaging 850 square feet at $3.29 per square foot with 18 days on market. This is likewise a limited sample of 3 closed leases and should be treated as a directional reference rather than a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Chicago Condominiums?
Chicago Condominiums does not have sufficient paired lease data to isolate a reliable parking premium, so no definitive monthly parking value can be quoted. The building's active listings also show an unreliable or insufficient sample for parking pricing, meaning the premium cannot be cleanly separated from suite rent. Tenants should confirm whether parking is bundled into the monthly figure or billed separately when touring units, as the platform data does not support a standalone parking rate for this property.
How does the lease-to-listing ratio at Chicago Condominiums reflect current tenant demand?
Chicago Condominiums rents trended upward from spring through late summer 2026, climbing from $2,342 in April to $2,575 by August. April closed 3 leases at an average of $2,342 per month ($3.62 per square foot) with 12 days on market. May saw 1 lease close at $2,100 per month ($3.23 per square foot) with 20 days on market. June was the busiest month with 7 leases averaging $2,236 per month ($3.81 per square foot) and 27 days on market. July closed 4 leases at $2,256 per month ($3.81 per square foot) with 18 days on market. August recorded 2 leases at $2,575 per month ($3.45 per square foot) with 17 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Chicago Condominiums (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Chicago Condominiums, and what was their re-listing price compared to previous asking?
Chicago Condominiums had 2 units delisted in the tracked period, representing a 100% delisted-to-leased ratio against the 2 leases closed in the same 30-day window. Both delistings were terminated listings; none expired or were suspended. With only 2 recent leases as the denominator, this ratio signals elevated listing churn relative to absorption and warrants monitoring rather than alarm.
How do asking prices on de-listed suites compare to executed leases and active listings at Chicago Condominiums?
Chicago Condominiums unrented units asked an average of $2,600 per month, which is $25 per month above the realized lease average of $2,575 per month, indicating direct overpricing. The delisted rate of $3.49 per square foot sits slightly below the 30-day realized rate of $3.45 per square foot, but the nominal dollar gap confirms landlords priced these units above what the market actually absorbed. Prospective tenants who saw these asking rents were pushing back on levels the building could not sustain.
What market friction causes rental listings to stall or de-list at Chicago Condominiums?
Chicago Condominiums delisted units sat on the market for an average of 27 days, compared to 17 days for realized leases in the same 30-day window, a 10-day excess. Those 10 extra marketing days represent roughly $867 in lost rent at the $2,600 asking rate, plus ongoing condo maintenance fees the owner continued to pay while the unit sat vacant. Against the lifetime average of 21 days, the excess is 6 days, still translating to approximately $520 in carry cost. This friction underscores that pricing above market directly extends vacancy and erodes net operating income.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 5 | 2465 | 673 | 3.68 | 29 |
| 2026-04-28 | 4 | 2468 | 654 | 3.79 | 35 |
| 2026-04-29 | 3 | 2674 | 717 | 3.73 | 45 |
| 2026-04-30 | 2 | 2649 | 700 | 3.78 | 61 |
| 2026-05-01 | 2 | 2649 | 700 | 3.78 | 62 |
| 2026-05-02 | 2 | 2649 | 700 | 3.78 | 63 |
| 2026-05-03 | 2 | 2649 | 700 | 3.78 | 64 |
| 2026-05-04 | 2 | 2649 | 700 | 3.78 | 65 |
| 2026-05-05 | 2 | 2649 | 700 | 3.78 | 66 |
| 2026-05-06 | 3 | 2466 | 683 | 3.60 | 44 |
| 2026-05-07 | 3 | 2466 | 683 | 3.60 | 45 |
| 2026-05-08 | 3 | 2466 | 683 | 3.60 | 46 |
| 2026-05-09 | 3 | 2466 | 683 | 3.60 | 47 |
| 2026-05-10 | 3 | 2466 | 683 | 3.60 | 48 |
| 2026-05-11 | 3 | 2466 | 683 | 3.60 | 49 |
| 2026-05-12 | 3 | 2466 | 683 | 3.60 | 50 |
| 2026-05-13 | 3 | 2466 | 683 | 3.60 | 51 |
| 2026-05-14 | 3 | 2466 | 683 | 3.60 | 52 |
| 2026-05-15 | 5 | 2220 | 570 | 4.01 | 32 |
| 2026-05-16 | 5 | 2220 | 570 | 4.01 | 33 |
| 2026-05-17 | 5 | 2220 | 570 | 4.01 | 34 |
| 2026-05-18 | 5 | 2220 | 570 | 4.01 | 35 |
| 2026-05-19 | 5 | 2220 | 570 | 4.01 | 36 |
| 2026-05-20 | 5 | 2220 | 570 | 4.01 | 37 |
| 2026-05-21 | 5 | 2220 | 570 | 4.01 | 38 |
| 2026-05-22 | 5 | 2220 | 570 | 4.01 | 39 |
| 2026-05-23 | 5 | 2220 | 570 | 4.01 | 40 |
| 2026-05-24 | 5 | 2220 | 570 | 4.01 | 41 |
| 2026-05-25 | 5 | 2220 | 570 | 4.01 | 42 |
| 2026-05-26 | 6 | 2283 | 621 | 3.83 | 33 |
| 2026-05-27 | 6 | 2283 | 621 | 3.83 | 34 |
| 2026-05-28 | 6 | 2283 | 621 | 3.83 | 35 |
| 2026-05-29 | 6 | 2283 | 621 | 3.83 | 36 |
| 2026-05-30 | 6 | 2283 | 621 | 3.83 | 37 |
| 2026-05-31 | 5 | 2160 | 595 | 3.82 | 22 |
| 2026-06-01 | 5 | 2160 | 595 | 3.82 | 23 |
| 2026-06-02 | 5 | 2160 | 595 | 3.82 | 24 |
| 2026-06-03 | 5 | 2230 | 625 | 3.70 | 21 |
| 2026-06-04 | 5 | 2230 | 625 | 3.70 | 22 |
| 2026-06-05 | 5 | 2230 | 625 | 3.70 | 23 |
| 2026-06-06 | 4 | 2238 | 644 | 3.62 | 29 |
| 2026-06-07 | 4 | 2238 | 644 | 3.62 | 30 |
| 2026-06-08 | 3 | 2367 | 725 | 3.29 | 34 |
| 2026-06-09 | 3 | 2367 | 725 | 3.29 | 35 |
| 2026-06-10 | 3 | 2367 | 725 | 3.29 | 36 |
| 2026-06-11 | 3 | 2367 | 725 | 3.29 | 37 |
| 2026-06-12 | 3 | 2367 | 725 | 3.29 | 38 |
| 2026-06-13 | 3 | 2367 | 725 | 3.29 | 39 |
| 2026-06-14 | 3 | 2367 | 725 | 3.29 | 40 |
| 2026-06-15 | 4 | 2475 | 757 | 3.29 | 31 |
| 2026-06-16 | 6 | 2433 | 721 | 3.40 | 21 |
| 2026-06-17 | 7 | 2350 | 675 | 3.57 | 19 |
| 2026-06-18 | 7 | 2350 | 675 | 3.57 | 20 |
| 2026-06-19 | 8 | 2406 | 697 | 3.54 | 18 |
| 2026-06-20 | 6 | 2425 | 675 | 3.69 | 17 |
| 2026-06-21 | 6 | 2425 | 675 | 3.69 | 18 |
| 2026-06-22 | 6 | 2425 | 675 | 3.69 | 19 |
| 2026-06-23 | 6 | 2425 | 675 | 3.69 | 20 |
| 2026-06-24 | 6 | 2425 | 675 | 3.69 | 21 |
| 2026-06-25 | 6 | 2425 | 675 | 3.69 | 22 |
| 2026-06-26 | 6 | 2425 | 675 | 3.69 | 23 |
| 2026-06-27 | 6 | 2425 | 675 | 3.69 | 24 |
| 2026-06-28 | 4 | 2338 | 638 | 3.79 | 11 |
| 2026-06-29 | 3 | 2317 | 633 | 3.82 | 12 |
| 2026-06-30 | 3 | 2317 | 633 | 3.82 | 13 |
| 2026-07-01 | 2 | 2075 | 525 | 4.08 | 15 |
| 2026-07-02 | 2 | 2075 | 525 | 4.08 | 16 |
| 2026-07-03 | 2 | 2075 | 525 | 4.08 | 17 |
| 2026-07-04 | 2 | 2075 | 525 | 4.08 | 18 |
| 2026-07-05 | 2 | 2075 | 525 | 4.08 | 19 |
| 2026-07-06 | 2 | 2075 | 525 | 4.08 | 20 |
| 2026-07-07 | 2 | 1975 | 475 | 4.22 | 10 |
| 2026-07-08 | 2 | 1975 | 475 | 4.22 | 11 |
| 2026-07-09 | 4 | 2400 | 663 | 3.77 | 6 |
| 2026-07-10 | 4 | 2400 | 663 | 3.77 | 7 |
| 2026-07-11 | 4 | 2400 | 663 | 3.77 | 8 |
| 2026-07-12 | 4 | 2400 | 663 | 3.77 | 9 |
| 2026-07-13 | 4 | 2400 | 663 | 3.77 | 10 |
| 2026-07-14 | 5 | 2290 | 610 | 3.94 | 9 |
| 2026-07-15 | 5 | 2290 | 610 | 3.94 | 10 |
| 2026-07-16 | 4 | 2338 | 625 | 3.97 | 11 |
| 2026-07-17 | 3 | 2500 | 700 | 3.76 | 6 |
| 2026-07-18 | 3 | 2500 | 700 | 3.76 | 7 |
| 2026-07-19 | 3 | 2500 | 700 | 3.76 | 8 |
| 2026-07-20 | 3 | 2500 | 700 | 3.76 | 9 |
| 2026-07-21 | 3 | 2500 | 700 | 3.76 | 10 |
| 2026-07-22 | 3 | 2500 | 700 | 3.76 | 11 |
| 2026-07-23 | 3 | 2500 | 700 | 3.76 | 12 |
| 2026-07-24 | 3 | 2500 | 700 | 3.76 | 13 |
| 2026-07-25 | 3 | 2500 | 700 | 3.76 | 14 |
| 2026-07-26 | 3 | 2500 | 700 | 3.76 | 15 |
| 2026-07-27 | 3 | 2500 | 700 | 3.76 | 16 |
| 2026-07-28 | 3 | 2500 | 700 | 3.76 | 17 |
| 2026-07-29 | 4 | 2475 | 688 | 3.74 | 14 |
| 2026-07-30 | 4 | 2475 | 688 | 3.74 | 15 |
| 2026-07-31 | 4 | 2475 | 688 | 3.74 | 16 |
| 2026-08-01 | 4 | 2475 | 688 | 3.74 | 17 |
| 2026-08-02 | 4 | 2475 | 688 | 3.74 | 18 |
| 2026-08-03 | 4 | 2475 | 688 | 3.74 | 19 |
| 2026-08-04 | 4 | 2475 | 688 | 3.74 | 20 |
| 2026-08-05 | 4 | 2475 | 688 | 3.74 | 21 |
| 2026-08-06 | 4 | 2475 | 688 | 3.74 | 22 |
| 2026-08-07 | 3 | 2350 | 633 | 3.87 | 21 |
| 2026-08-08 | 3 | 2350 | 633 | 3.87 | 22 |
| 2026-08-09 | 2 | 2125 | 525 | 4.16 | 19 |
| 2026-08-10 | 2 | 2125 | 525 | 4.16 | 20 |
| 2026-08-11 | 2 | 2125 | 525 | 4.16 | 21 |
| 2026-08-12 | 2 | 2125 | 525 | 4.16 | 22 |
| 2026-08-13 | 2 | 2125 | 525 | 4.16 | 23 |
| 2026-08-14 | 2 | 2125 | 525 | 4.16 | 24 |
| 2026-08-15 | 2 | 2125 | 525 | 4.16 | 25 |
| 2026-08-16 | 2 | 2125 | 525 | 4.16 | 26 |
| 2026-08-17 | 2 | 2125 | 525 | 4.16 | 27 |
| 2026-08-18 | 2 | 2125 | 525 | 4.16 | 28 |
| 2026-08-19 | 2 | 2125 | 525 | 4.16 | 29 |
| 2026-08-20 | 2 | 2125 | 525 | 4.16 | 30 |
| 2026-08-21 | 2 | 2075 | 525 | 4.08 | 19 |
| 2026-08-22 | 2 | 2075 | 525 | 4.08 | 20 |
| 2026-08-23 | 2 | 2075 | 525 | 4.08 | 21 |
| 2026-08-24 | 2 | 2075 | 525 | 4.08 | 22 |
| 2026-08-25 | 3 | 2133 | 567 | 3.88 | 15 |
| 2026-08-26 | 2 | 2050 | 525 | 4.04 | 22 |
| 2026-08-27 | 2 | 2050 | 525 | 4.04 | 23 |
| 2026-08-28 | 2 | 2050 | 525 | 4.04 | 24 |
| 2026-08-29 | 2 | 2050 | 525 | 4.04 | 25 |
| 2026-08-30 | 2 | 2050 | 525 | 4.04 | 26 |
| 2026-08-31 | 3 | 2067 | 533 | 3.97 | 18 |
12-Month Market Dynamics & Trend Trajectory
Chicago Condominiums has closed 17 leases over its tracked history at an average rent of $2,291 per month and $3.70 per square foot, with suites averaging 636 square feet and a lifetime days-on-market of 21. The building sits in the Mississauga City Centre submarket where the average lease rent is $2,522 and the average rate is $3.55 per square foot, placing Chicago Condominiums' realized pricing modestly below the submarket median while its $/sq. ft. runs slightly higher due to smaller average suite sizes. On pricing discipline, 29.4% of leases closed below asking, and the net negotiation spread landed at $19 per month (0.85%) in favour of tenants. This is a tenant-favorable outcome: landlords conceded an average of $19 per month to close deals, saving renters $228 per year. The remaining leases settled at or above asking, but the directional signal is clear—Chicago Condominiums landlords are offering modest concessions rather than commanding premiums, and tenants should feel empowered to negotiate.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 2100 | 650 | 3.23 | 20 |
| 2026-05-31 | 2 | 2000 | 475 | 4.25 | 11 |
| 2026-06-07 | 1 | 1800 | 400 | 4.50 | 24 |
| 2026-06-14 | 1 | 2250 | 750 | 3.00 | 25 |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 4 | 2588 | 750 | 3.48 | 33 |
| 2026-07-05 | 1 | 2325 | 650 | 3.58 | 21 |
| 2026-07-12 | 2 | 1975 | 475 | 4.22 | 20 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 1 | 2850 | 850 | 3.35 | 29 |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 2300 | 650 | 3.54 | 5 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Chicago Condominiums at 385 Prince of Wales Dr sits in a tightly clustered competitive set within Mississauga City Centre, where four nearby towers define the immediate rental landscape. The closest competitor, Condominiums at Square One District at 395 Square One Dr (0.08 km), completed in 2025, recorded 24 closed leases over the trailing 180 days. Limelight North Tower at 370 Square One Drive (0.09 km), built in 2012, logged zero closed leases in the same window. Parkside Village – Avia at 430 Square One Dr (0.11 km), also a 2025 delivery, posted the highest transaction volume at 59 closed leases. One Park Tower at 388 Prince of Wales Dr (0.12 km), completed in 2008, closed 30 leases in the period. The subject building, delivered in 2011 by Daniels Corporation, occupies a mid-generation position between the 2008 and 2012 towers and the two 2025 arrivals, giving it a 13-to-15-year age advantage over the newest stock while remaining a full generation ahead of One Park Tower. Across the four comparables, the micro-market averages $2,517 per month in lease rent, $3.50 per square foot, and 733 square feet of suite space. Chicago Condominiums' all-time leased average of $2,291 per month and 636 square feet places it below the comp set on both headline rent and interior scale, yet its $3.70 per square foot rate exceeds every benchmarked competitor. The building therefore trades at a per-square-foot premium while delivering a more compact footprint, a value equation that rewards tenants prioritizing amenity density and location over raw living area.
395 Square One Dr, Mississauga
Comparable Analysis & Questions
How do rental rates at Chicago Condominiums compare to neighbouring buildings within Mississauga City Centre?
Chicago Condominiums' all-time average lease rent of $2,291 per month undercuts the four-comp average of $2,517 by roughly $226, positioning it as the more affordable entry point in this immediate cluster. Condominiums at Square One District (395 Square One Dr) leases at $2,516 per month, $3.61 per square foot, across 705 square feet. Parkside Village – Avia (430 Square One Dr) averages $2,487 per month, $3.56 per square foot, and 721 square feet. One Park Tower (388 Prince of Wales Dr) commands the highest rent at $2,547 per month, $3.32 per square foot, over 773 square feet. Limelight North Tower (370 Square One Drive) has no reported lease transactions in the trailing 180-day window, so no direct rent benchmark is available for that property.
Does Chicago Condominiums offer a competitive price-per-square-foot ($/SF) against local comparables?
Chicago Condominiums leases at $3.70 per square foot on an average 636-square-foot suite, a rate that sits above every nearby competitor on a per-square-foot basis while offering the smallest interior footprint in the set. Against Condominiums at Square One District, the subject trades at a $0.09 per square foot (2.5%) premium yet provides 69 fewer square feet. Compared with Parkside Village – Avia, the premium widens to $0.14 per square foot (3.9%) with 85 fewer square feet. One Park Tower shows the sharpest contrast: the subject commands a $0.38 per square foot (11.4%) premium while delivering 137 fewer square feet than that 2008 tower. Tenants choosing Chicago Condominiums are effectively paying more per square foot for a denser amenity package and a newer building core, trading away the extra living area available at the larger-footprint competitors.
How do building age, amenities, and developer reputation impact rent spreads?
Chicago Condominiums offers a resort-style amenity suite that outperforms its immediate neighbours on several high-impact lifestyle features. The building's golf simulator is unique in this cluster—none of the four comparables list one. Its indoor pool and hot tub/jacuzzi are absent from both Condominiums at Square One District and Limelight North Tower, while the rock climbing wall is missing from Parkside Village – Avia, One Park Tower, and Limelight North Tower. The basketball court further distinguishes the subject from Parkside Village – Avia and One Park Tower, neither of which provides one. In return, competitors offer features the subject lacks: Square One District and Parkside Village – Avia include indoor kids' play rooms, Parkside adds a pet wash station and EV charging, and One Park Tower provides a library, dry cleaner, and internet café. The lifestyle package at Chicago Condominiums best serves active young professionals and small families who want resort-calibre recreation—pool, gym, golf sim, climbing wall—within a walkable radius of Square One without sacrificing concierge security or rooftop access.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Chicago Condominiums.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Sauna & Steam Room
- Hot Tub & Jacuzzi
- Party & Lounge Room
- Media & Theatre Room
- Basketball Court
- BBQ Area
- Rooftop Terrace
- Golf Simulator
- Yoga Studio
- Games & Billiards Room
- Meeting Room
- Dining Room & Kitchen
- Children's Playground - Outdoor
- Rock Climbing Wall
Residential Buildings in the Vicinity
- Condominiums at Square One District75 m
- Limelight North Tower94 m
- Parkside Village - Avia111 m
- One Park Tower119 m
- Limelight - South Tower133 m
- Parkside Village - Avia 2156 m
- Centre at Square One II159 m
- Limelight - North Tower168 m
- Centre at Square One I191 m
- Amica at City Centre270 m
- Parkside Village - The Park Residences287 m
- Mirage302 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Chicago Condominiums.
Snapshot Dates & Benchmark Cadence
- Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
- Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
- Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.
Public Data Aggregation & Thresholds
- Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
- Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.
Calculation Formulations
- Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
- Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
- Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
- Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.
Data Limitations & Scope
- Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
- Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.
Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.
