Archive for the 'Motor Row' Category

Like Investing in Distressed Properties? A Loft at 2000 S. Michigan in the South Loop

This 2-bedroom in the Locomobile Lofts at 2000 S. Michigan in the Motor Row neighborhood of the South Loop came on the market in August 2015. A lis pendens foreclosure was filed against it in October 2014. The listing includes information on how to apply for a renovation loan. It is a northeast corner loft […]

Is Now the Time to Buy in Motor Row? A 2/2 Loft at 2332 S. Michigan in the South Loop

This 2-bedroom loft at 2332 S. Michigan in the Motor Row neighborhood of the South Loop recently came on the market. Motor Row was reaching peak conversions/development just as the housing bust hit. It’s a two block area on South Michigan Avenue that was home to a bunch of car dealerships, many of which have now […]

How Much Should That 1-Bedroom Loft Be In Motor Row? 2332 S. Michigan

This 1-bedroom loft at 2332 S. Michigan in the Motor Row neighborhood of the far South Loop just came on the market. It is bank owned. This is a 22-unit building which was converted into upscale lofts in 2006/2007. This unit has exposed brick and a beamed ceiling. There is a marble bath with rain […]

Get a 1-Bedroom Motor Row Loft for Under $95K: 2000 S. Michigan in the South Loop

It’s been awhile since we chattered about the Locomobile Lofts at 2000 S. Michigan in the Motor Row neighborhood of the South Loop. This 1-bedroom loft recently came on the market for just $94,900. It is bank owned. The loft is listed $98,600 under the 2004 purchase price and is the cheapest 1-bedroom currently listed in […]

Motor Row Brick Loft Still Available 10 Months Later: 2332 S. Michigan

We last chattered about this triplex brick loft at 2332 S. Michigan in Motor Row in January 2009. See our prior chatter and pictures here. The loft has walnut floors, beamed ceilings and a private rooftop deck. There are also outdoor spaces on the other two levels. The modern kitchen has Bosch appliances. It has […]

We Love Authentic Lofts: 2332 S. Michigan in Motor Row

In the last sevveral years, some developers have been converting old automobile showrooms on South Michigan (known as “Motor Row”) in the South Loop into outstanding authentic lofts. This 22-unit building at 2332 S. Michigan is a blend of the authentic loft elements of brick and high ceilings with modern kitchens and bathrooms. This particular unit is a 2-bedroom […]

Market Slowdown Apparent in “Hot” Motor Row Neighborhood

Motor Row, the landmark historic district in the South Loop which runs roughly from 1400 S. Michigan to 2500 S. Michigan (with some blocks of South Wabash and South Indiana also thrown in), has been touted as the next “hot” neighborhood.  The area gets its names from the number of former automobile showrooms that line the […]