A 2-Bedroom Live/Work Duplex Loft with a Rooftop Deck: 22 N. Morgan in the West Loop
This 2-bedroom duplex up loft at 22 N. Morgan in the West Loop came on the market in February 2020.
22 N. Morgan is a brick and timber loft building with 22 units and outdoor parking. It has a unique interior courtyard with landscaping.
Each loft has its own private entrance.
This unit has 20 foot ceilings and walls of exposed brick.
It has a custom, reclaimed wood herringbone pattern floor in the living/dining/kitchen.
The kitchen has gray cabinets, what looks like stone counter tops, stainless steel appliances, 2 wine fridges and a massive island which seats 6.
One bedroom is on the main floor, and looks to be fully enclosed to the ceiling.
The master bedroom is in the loft overlooking the main floor and has new carpet.
There’s also a master bathroom with a double vanity and black faucets.
This loft has a private rooftop deck with a kitchenette and a hot tub, along with landscaping.
It has central air, washer/dryer in the unit and 1 tandem outdoor parking space is included in the price with 2 additional tandem parking spaces available for $50,000 each.
The loft is a rare live/work unit which would allow you to run an actual business from the space.
Originally listed in February 2020 for $725,000, it has been reduced $10,000 to $715,000.
It’s in the heart of the West Loop, surrounded by restaurants and shops and is a quick stroll over to Fulton Market.
Did the pandemic cool off the hot West Loop real estate market as many technology companies, and McDonald’s, have allowed employees to work from home?
Craig Franzen at Dream Town has the listing. See the pictures and floor plan here.
Unit #202: 2 bedrooms, 2 baths, duplex, loft no square footage listed
- Sold in July 2000 for $290,000
- Sold in October 2003 for $321,000
- Originally listed in February 2020 for $725,000
- Reduced
- Currently listed at $715,000 (includes 1 tandem parking space)
- Assessments of $577 a month (includes exterior maintenance, scavenger, snow removal)
- Taxes of $10,118
- Central Air
- Washer/dryer in the unit
- 2 more tandem parking spaces also available for $50,000 each
- Bedroom #1: 18×13 (second floor)
- Bedroom #2: 13×11 (main floor)
- Living/dining: 21×18 (main floor)
- Kitchen: 14×14
- Rooftop Deck with hot tub: 36×16
I’d deduct $100k to add a pergola, otherwise the deck isn’t useable
The place rates a Meh. Only a shill realatard would call this a 2BR live work, It’s either a 2BR or a 1BR live/Work.
Another property that requires going thru a BR to access a Bathroom.
I would snap this joint up in a NY minute if it was 10k less
I love some herringbone floors but those look terrible.
cool place for 630k, maybe 670k pre covid. aren’t all homes now work/live spaces anyways now? I’d rather have one in highland park without the looting. sad for the current owners, who are probably moving somewhere safer themselves.
Imagine dropping 700 racks to sleep in those bedrooms. They look like bedrooms in a 300k loft.
I’d deduct $100k to add a pergola, otherwise the deck isn’t useable.
100K? That’s absurd even by Chicago standards.
“aren’t all homes now work/live spaces anyways now?”
Not technically. It really is a city designation. You can literally have a true business have its LLP headquartered here and the building couldn’t say anything if you had employees coming and going.
A normal condo building certainly could say something if you had 3 people coming over to “work” every day or customers coming in etc.
“I’d rather have one in highland park without the looting.”
Did the West Loop see looting? I didn’t hear that there was much going on there at all.
You can get that a loft in Highland Park. But those aren’t selling either.
This one in the Fort has been on the market 205 days. I don’t see any of the other, cooler ones with more authentic features listed right now.
Look at those taxes. Yikes.
All of the North Shore is struggling.
https://www.redfin.com/IL/Highland-Park/248-Leonard-Wood-S-60035/unit-209/home/17609384
“ I’d deduct $100k to add a pergola, otherwise the deck isn’t useable.
100K? That’s absurd even by Chicago standards.”
Obviously you didn’t see the convo from a few days a go. And that $100k is the bare minimum and a deck is unusable without it.
So Karen has written, So let it be done
“It really is a city designation.”
Not in this case. The building is in DX-3 zone, so basically any sort of “downtown” use is permissible.
This one is about the designation of the unit in the condo declaration. And, based on a very quick look at it, it seems like you could run a professional office (medical, dental, law, etc), or artist/gallery space, or something similar out of the space. Didn’t look like retail or the like would be allowed.
Of course, this space is not remotely built out to be used that way, so someone wanting to do that would have some decent buildout expenses to make it work as that.
“This one is about the designation of the unit in the condo declaration. And, based on a very quick look at it, it seems like you could run a professional office (medical, dental, law, etc), or artist/gallery space, or something similar out of the space. Didn’t look like retail or the like would be allowed.”
Thanks for agreeing anon(tfo). Live/work isn’t just “working from home” as many are doing right now. It’s an actual special designation which allows you to run an actual business out of the space. I’ve seen architects and the like in live/work lofts in the past. You could have a tech start-up etc. I’m sure you can have an online retailer in that space.
“I’m sure you can have an online retailer in that space.”
You can have an online retailer *anywhere*.
Just have to deal with having your spare bedroom full of inventory.
No one is buying this unit, as currently configured, to use as a “business” space. Which is different from working out of the space.
“You can have an online retailer *anywhere*.
Just have to deal with having your spare bedroom full of inventory.”
Kitten Mittens!