A Gut Rehabbed 2/2 Duplex Loft with Private Roofdeck for $500k: 1727 S. Indiana in the South Loop
This 2-bedroom duplex loft in the Prairie District Lofts at 1727 S. Indiana in the South Loop came on the market in August 2022.
Built in 1905, the listing says Prairie District Lofts was a former Kodak factory. It has 116 units but no parking. Some units have transferable outdoor rental spaces in the lot next door for $165 a month.
The building has a landscaped atrium, common roof deck, onsite manager, storage, bike room and fitness center.
It was originally apartments and wasn’t converted into condos until 2007, which was at the very end of the bubble. Looking at old listings, the developer was still selling units as late as 2011.
The listing for this duplex says it was gut rehabbed in 2022.
It has exposed brick walls, industrial windows with southern exposure and 18 foot timber ceilings in the living/dining room.
A new custom spiral staircase by Paragon was added and both bedrooms are now fully enclosed.
The kitchen has refinished sage cabinets, a farmhouse sink, Quartz countertops, a white tile backsplash and Beko stainless steel appliances.
The primary bedroom is on the second floor and has a skylight as well as an en suite bath.
The second bedroom is on the main floor and it has windows.
The listing says the bathrooms are “spa-like” and have floor-to-ceiling Daltile tile, RH vanity, LED mirrors and Kohler fixtures.
The loft has a dry bar with a wine fridge which the listing says can be removed to make the space an office.
The unit has motorized shades, barn doors, Lightology lighting, an electric fireplace in the living room, a new furnace and a/c as well as new in-unit laundry.
The loft has a private rooftop deck with lake views which can be expanded further if desired.
It has central air but there’s no parking indicated with the unit, just permit street parking, so you’d have to find parking in the neighborhood.
This building is near the Museum Campus, Soldier Field, the Prairie District and the shops and restaurants of the South Loop.
Buyers love “new” and move-in ready.
Is this the perfect authentic loft?
Alex Till at Baird & Warner has the listing. See the pictures and floor plan here.
Unit #407: 2 bedrooms, 2 baths, 1500 square feet, duplex loft
- Sold in September 2007 for $342,000
- Sold in August 2018 for $325,000
- Sold in June 2019 for $360,000
- Currently listed at $500,000
- Assessments of $464 a month (includes exercise room, exterior maintenance, scavenger, snow removal, Internet)
- Taxes of $6452
- Central Air
- Washer/dryer in the unit
- No parking- street parking only
- Electric fireplace
- Bedroom #1: 13×13 (second floor)
- Bedroom #2: 13×13 (main floor)
- Living/dining room combo: 18×17
- Kitchen: 11×8
- Dry bar: 8×7
- Rooftop deck: 12×10
Unit seems fine other than the cramped kitchen. HOA isn’t outlandish. The only big problem is that you will be living in the South Loop. To this day, I still don’t see the appeal of living in that neighborhood unless you can walk to work.
“To this day, I still don’t see the appeal of living in that neighborhood unless you can walk to work.”
Some like the access to the lakefront from this location. It’s also just less congested and crowded. The restaurant choices aren’t as good, to me, so that’s a downer.
And more affordable housing is really the lure. You get more for your money.
Finishes on the unit are nice except TV location and over a crappy electric fireplace
Kitchen sucks
As far as spiral staircases go, this one looks well done
Deck area is nice, but access is terrible.
No parking is no bueno.
If they get $450k, they should be extremely happy
I lived in this building for 16 years and I loved it and the neighborhood. By some happy accident, whomever flipped this factory into rental apartments in the early 90s, retained many of the factory oddities throughout the building/units. I live for that stuff.
As for the parking: the lot to the north is owned by a 3rd party. We were told when we bought that the owner was obligated to include a stipulation (as part of a future sale) that any development of the lot needed to include enough parking spaces to also accommodate 1727. Sounded fishy to me then and like a lie to me now. That parking lot is a real sh!tshow. I rented a spot from a nearby townhouse owner because I couldn’t be bothered.
The downsides of the building for me were a poorly run association who continually hired seriously below target management companies, and part of the building’s garden level had retail tenants who couldn’t give a flying flick that this was someone’s home. My unit was near the entrance that those tenants shared with us and let’s just say I developed a passionate dislike for the entire situation.
Also: SERIOUS leakage issues all over the place all the time.
*And by retail, I mean commercial. But it may as well been retail with all the traffic going in and out.
I like it and hate it at the same time.
Was the patch of deck that was there in the 2019 listing somehow wrong? Seems they removed it, and going with just outdoor rugs in that space.
“Was the patch of deck that was there in the 2019 listing somehow wrong? Seems they removed it, and going with just outdoor rugs in that space.”
Couldn’t say for sure but per my comment about constant leakage problems, there was often the need to disrupt those private decks to make roof repairs. It seems to me like those 2019 rooftop photos might be even older since you can see there are no build outs above the other nearby units which seems odd to me.
How is it a gut rehab when you just repaint the Kitchen cabinets?
I’m also taking back my deck comment, there’s a pretty good sized condenser and 3 fans (at least) a couple of feet from the grill. Nice job by the realatard to try and hide that detail. The rugs directly on the rubber deck are a nice touch as well
“Some like the access to the lakefront from this location. It’s also just less congested and crowded. The restaurant choices aren’t as good, to me, so that’s a downer. And more affordable housing is really the lure. You get more for your money.”
So it’s a dead zone but cheap close to the lake. Got it. Still couldn’t pay me to live there.
South Loop is definitely not for me. I have a few friends that live there basically just to go running on the lakefront (heading even further south as it’s less crowded). There’s almost nothing else to do aside from a few shows at Northerly Island and an even at Soldier Field.
Unit is odd, cramp kitchen, rooftop needs work, low ceilings in bedrooms, of course it has a Peloton too.