Why Buyers Choose One Chicago
One Chicago is among the most significant residential developments to come to River North in the last decade. This mixed-use tower at the corner of Dearborn and Superior Streets combines luxury condominiums, rental apartments, and ground-floor retail in a building that has quickly become one of Chicago's most recognizable new addresses. The development's scale, amenity package, and location make it a compelling choice for buyers seeking a true luxury high-rise experience in one of Chicago's most dynamic neighborhoods.
The condo component of One Chicago — One Chicago Square — targets a buyer profile that places premium value on new construction quality, cutting-edge amenities, and a building that makes a statement. Buyers here are typically high-earning professionals, corporate executives on relocation packages, and buyers coming from other premium markets who are accustomed to a certain standard and aren't willing to compromise.
River North's position — walking distance to the Magnificent Mile, the Chicago Riverwalk, and the city's gallery district — makes One Chicago particularly attractive to buyers who want the energy and access of a prime location without living in the tourist density of Streeterville.
Building Overview
Quick Reference
Amenities
One Chicago's amenity package is among the most comprehensive of any residential building in Chicago. Related Midwest — the developer behind major luxury projects nationally — designed the building's amenity program to compete with the best of New York and Miami, not just Chicago. The result is a building where residents rarely need to leave for fitness, entertainment, or work.
Floor Plans & Unit Types
HOA Information
- Typical HOA range: $900–$3,000+/month depending on unit size and floor
- What's covered: Concierge, amenity access, common area maintenance, building insurance, water, trash, exterior maintenance
- Not covered: In-unit utilities, parking (separate), internet
- New construction note: As a 2022 building, the reserve fund is still in its early accumulation phase — review the reserve fund study carefully
- Rental policy: Verify current rental restrictions — new construction buildings sometimes have evolving policies in the first years
Location Guide
One Chicago's corner at Dearborn and Superior is one of River North's best-positioned addresses. The Magnificent Mile is a 10-minute walk east. The Riverwalk is 8 minutes south. Multiple CTA stations — including the Chicago Red/Brown Line station on State Street — are within easy walking distance, making car-free living fully viable for most residents.
Transit & Commute
- Chicago Red/Brown Line (State & Chicago): 8-minute walk
- Grand Red Line: 12-minute walk
- Clark/Division: 12-minute walk
- Loop access by train: Under 10 minutes
- O'Hare by Red Line: ~45 minutes direct
Daily Essentials
- Whole Foods Streeterville: 15-minute walk
- Jewel-Osco: 10-minute walk
- Walgreens: 5-minute walk, multiple locations
- Chicago Riverwalk: 8-minute walk
- Lake Michigan waterfront: 15-minute walk
Best Restaurants Nearby
Coffee Shops Nearby
- Intelligentsia Coffee (Millennium Park) — 15 min walk. Flagship location of Chicago's premier specialty roaster.
- La Colombe River North — 8 min walk. Reliable specialty coffee in a stylish space popular with the morning professional crowd.
- Metric Coffee — 20 min west. One of Chicago's most acclaimed independent roasters — worth the trip for serious coffee enthusiasts.
- Eataly Chicago café — 10 min walk. Italian espresso bar within the Eataly market complex on Ohio Street.
Fitness & Wellness
- In-building spa and fitness center — state-of-the-art, included with HOA
- Equinox River North — 10 min walk. Premium gym with group classes
- Barry's River North — 8 min walk. High-intensity interval training
- CorePower Yoga — 12 min walk. Multiple daily class formats
- Chicago Lakefront Trail — 15 min walk. 18+ miles of continuous running and cycling path along Lake Michigan
- Chicago Riverwalk — 8 min walk. Flat river path popular with morning runners
Who Should Buy at One Chicago?
Investment Potential
As a 2022 building, One Chicago is still establishing its resale market. New construction buildings typically see the strongest appreciation in years 3-7 as the initial developer premium normalizes and the building's reputation becomes established. The Related Midwest pedigree and the building's position as the most prominent new luxury address in River North support a positive long-term outlook.
Rental demand is strong — corporate relocation tenants targeting River North consistently seek new construction buildings with concierge services. Monthly rents for well-furnished units at One Chicago are among the highest in the River North market, making it attractive for investors who can navigate the rental policy restrictions.
Market Trends at One Chicago
- Price per square foot: $600–$900+ — among the highest in River North reflecting new construction premium
- Days on market: Variable as the resale market matures — well-priced units move within 30–45 days
- Competition: Competes with St. Regis, Tribune Tower Residences, and other premium new construction
- Best value: Mid-floor 2BR units represent the strongest value-to-quality ratio in the building
Frequently Asked Questions
One Chicago condos typically start around $700,000 for 1-bedroom units and exceed $3,000,000+ for penthouse residences. Price per square foot generally falls between $600–$900+ reflecting the new construction luxury premium. Contact Colton for current listings and recent sales.
One Chicago was developed by Related Midwest, the Chicago arm of Related Companies — one of the most prominent luxury residential developers in the United States. The building was completed in 2022.
Rental policies at new construction buildings evolve as the building matures. Verify current rental restrictions and any cap on rental percentage before purchasing as an investor.
HOA fees are among the higher in Chicago's condo market reflecting the building's extensive amenity package and full concierge services. Expect $900–$3,000+/month depending on unit size.
The Chicago Red/Brown Line station at State and Chicago is approximately an 8-minute walk, providing direct access to the Loop and North Side neighborhoods. Multiple bus routes serve the immediate area.
The building's premium location, Related Midwest pedigree, and comprehensive amenity package support a positive long-term investment thesis. As the resale market matures and the new construction premium normalizes, well-purchased units in this building should perform well. Individual results depend on unit selection, purchase price, and market conditions.
Yes — the building has an attached parking garage with spaces available for purchase or lease separately from the unit.
Scale, newness, and amenity depth. One Chicago is the most recently completed major luxury tower in River North and delivers an amenity program — dual pools, spa, screening room, pet spa, guest suites — that older buildings simply cannot match. For buyers who want Chicago's best new construction luxury experience in River North, this is the benchmark building.
Looking for Available Units at One Chicago?
Inventory at One Chicago moves. Contact Colton for current listings, recent resale data, and off-market opportunities in the building.
Direct line: 312.521.0421