Selling a 2/2 Loft Just 14 Months Later in the West Loop: 701 W. Jackson Boulevard

701 w jackson

This 2-bedroom authentic loft in 701 W. Jackson Boulevard in the West Loop recently came on the market.

The building is on the corner of Jackson and Des Plaines and has 46 units and outdoor parking.

It was converted into lofts in 1997.

This is a southeast corner loft on the second floor with tree top views.

It has the loft features buyers look for, including 14 foot timber ceilings, timber beams and exposed brick walls.

The loft has 12 foot industrial windows and both of the bedrooms have windows, which is rare for a loft.

The kitchen has white cabinets, black granite counter tops and white appliances, including a double oven.

The master bathroom has a double vanity and the second bathroom has been remodeled to include an industrial style stand alone shower.

It also has central air, washer/dryer in the unit and an exterior parking space including in the price.

This loft sold just 14 months ago, in June 2016.

Since then, the second bathroom has been completely remodeled and there are new espresso stained solid red oak flooring throughout. The kitchen and master bathroom are unchanged.

You can see the original finishes from 2016 here.

The loft is now listed 14.5% higher than the 2016 sales price at $475,000.

Buyers want move-in ready.

Will they get the higher price?

James De Marco at @Properties has the listing. See the pictures here.

You can also go to the Open Houses this weekend on Saturday, September 2 from 10:30 am to 12:30 pm and on Sunday September 3 from 12 to 2:00 PM.

Unit #204: 2 bedrooms, 2 baths, 1400 square feet

  • Sold in August 1997 for $190,000
  • Sold in June 1998 for $220,000
  • Sold in September 2002 for $312,500
  • Sold in February 2010 for $332,500
  • Sold in June 2016 for $415,000
  • Currently listed for $475,000 (includes outdoor parking space)
  • Assessments of $350 a month (includes exterior maintenance, cable, scavenger, snow removal)
  • Taxes of $5110
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 16×12
  • Bedroom #2: 14×11

 

3 Responses to “Selling a 2/2 Loft Just 14 Months Later in the West Loop: 701 W. Jackson Boulevard”

  1. Time the market! Sell.

    VA:F [1.9.22_1171]
    Rating: -1 (from 3 votes)
  2. the dark wood floors make this place look so much better. adds some contrast to the brick and timber.

    VA:F [1.9.22_1171]
    Rating: +1 (from 1 vote)
  3. New color maybe, but not new floors?

    VA:F [1.9.22_1171]
    Rating: 0 (from 0 votes)

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