A Single Family Home in Fulton Market: 1418 W. Fulton
When you think of trendy Fulton Market area and the West Loop, you think of loft condos not single family homes.
This 6-bedroom house at 1418 W. Fulton might make you re-think your impression of that neighborhood.
Here’s the listing:
One of a kind gallery chic home w/6 bedrooms and a 3 car garage. Located in a serene yet stark urban setting in the Fulton Market district. Ultimate for entertaining! All open floorplan incl: commercial restaurant grade kitchen – 4 story atrium w/huge skylight and interior bridges.
Architectural concrete floors – ensuite spa like master w/endless closets. Huge rooftop deck w/hot tub- wet bar and the best views money can buy!
Ed Hester at Dreamtown has the listing. See more pictures and the virtual tour here.
1418 W. Fulton: 6 bedrooms, 3 full, 2 half baths, 3 car garage
- Prior sale looks to be in May 1998 for $181,500
- Currently listed for $1,099,000
- Taxes of $7,020
- Hot tub!
There appears to be a nice view of the sears towers from the office.
And there is a loevly parking lot view across the street!
So this is a former six or three-flat? From the exterior pictures (or lack of) I would say it’s a duplex, as in semi-detached house as they would say in the UK. Yes, definitely an attached home from the interior pics.
Very dodgey area.
This place is 100% strange.
“Affluenza, n. a painful, contagious, socially transmitted condition of overload, debt, anxiety and waste resulting from the dogged pursuit of more…”
With the rapid readjustement of our society to one that lives within its means, energy-gulping behemoths such as this and others will be as in-style as a chinchilla coat in PETA convention.
Who really needs something like this building? Oh wait, someone who has three H2’s.
Seedy neighborhood. Backs to the El. Sorry…no thanks.
This area isn’t that ‘dodgey’… It is east of Racine in the Fulton Market area… There are lots of things going on around here.
“Backs to the El”
Nope. Even numbers are the north side of the street. But it probably backs on a food wholesaler who starts operations at ~3AM.
“east of Racine”
Nope. Racine is 1200W. This is west of Ogden. Still, lots of things going on around there, just not nearly as much as a couple blocks further east.
the location is different – but super cool! somebody probably bought this before the fulton mkt area started getting all hip and arty and created a real gem in the midst of someplace nobody else had yet figured out was and would be amazing and cutting edge!
that’s what we call a smart buyer – somebody ahead of the “everybody knows about it” game?
you’re right about the el (anon – and about racine being east of here: racine is at 1200 w) – this property does NOT back up against the train/train tracks. Fulton runs at 300 N and the el runs above Lake St. at 200 n. the el is a full block or so south of the property.
the building JUST east of this one – 1400 W. Fulton – has recently been developed and is being converted into bad*ss office spaces with rooftop deck space and amazing buildouts in a structure with timber and 14ft ceilings, etc.
it’s URBAN. this means that if one wants this location – the west loop/fulton market location – this is the ONLY option if one also wants this type of living space – not a loft, not a condo, not new construction, . . . something big with character and all the bells – i.e., a big house.
in the Lincoln Park area, there are currently about 75 similar homes for sale (5-7bed/3-6bath).
this seller has the ONLY option for a buyer looking for something a little different in the west loop. 🙂
The forward looking futuristic interior completely clashes with the exterior. Ugh!
“this seller has the ONLY option for a buyer looking for something a little different in the west loop.”
Different? Maybe a buyer looking for a builing to carve up into an SRO.
I stand corrected about the El. Not sure why I was thinking Fulton was Lake street.
But it definitely is seedy/dodgey. If you don’t believe me, take a look at the police records. Within a tiny perimeter of 1 BLOCK of this property, 1 instance of armed robbery with a handgun, 1 instance of aggravated battery with a knife, 2 case of battery, 3 instances of larceny theft, 1 case of auto theft, 1 case of vandalism, — all in the last 30 days.
why would anyone spend $1MM+ to live on a street that 16-wheelers begin rumbling down at 3am….
Drove by on my way home from the fish store (Issac’s). The west half of the 100 year old building is a four flat. The unit here was probably a 3 or 4 flat at one time. It is a block or so from the Metra, surrounded by mostly empty offices ans wherehouses. Maybe the whole building is worth a mill but I doubt it.
Sorry to say this ChiTown Investor, but I’ve checked crime stats for our beloved LP and Old Town neighborhoods as well as Roscoe Village, particularly near Halsted and Wells you can find similar crime reports. This is a so urban its chic location – either you get it or you don’t – its a limited buyer pool, but the buyer for this house wouldn’t buy the same floorplan everyone else has in LP, Lakeview or established residential hoods. This is the buyer who wants to be able to get to everything quickly but who doesn’t want to be surrounded by the jones’s…despite the comments above. Even if you could find the ceiling heights and gallery style space elsewhere, which is difficult, it would be a signifcantly higher price point in a more residential location. This is a simlar demographic to the buyers who explored and ultimately developed Bucktown – there was a time, if we all remember, people thought that area was quite “dodgy”. It is unique in that West Loop has VERY few sf homes and given development in close proximity in every direction, its positioned in an area prime for continued growth.
From the pictures, this looks like a very unique, interesting, urban builiding. I love buildings that look plain on the outside and contain a hidden gem on the inside. It will take a unique buyer to purchase this place, someone who is a bit of a pioneer. The location is actually much better than you would think. The travel time to hotspots in the area and beyond is very low. I have had friends purchase buildings like this in what used to be sketchy areas (wicker park, bucktown, west lincoln park), and turn them into unique, magnificent living spaces…that are hip, partly, because they are in gritty areas that have not arrived yet, areas that are not so white. These locations and buildings are definitely for the visionary, creative/artistic types, none of whom you see post on this board.
It’s all fine and dandy living in urban grit until inevitably someone burglarizes your home and steals all your nice stuff. Burglaries happen everywhere but are more common when on the edge of gentrification. The ‘have nots’ look at the million dollar homes of the ‘haves’ and they break in and take it. I’d strongly suggest a top notch security system and bars on some of the windows. Don’t leave anything on your back porch either.
This will not become “wicker park, bucktown, west lincoln park” or even the West Loop. It is a legal non-conforming use in the Kinzie Corridor Planned Manufacturing District. That is the reason all of those potential lofts have not been converted along Walnut, Fulton, Carroll, Kinzie & Hubbard. New residential is not allowed. That might just add to the gritty urban appeal of this place for many artists and posers, although a miniscule fraction of them could actually afford it.
G: There’s a damn good reason why that corridor has been earmarked as a Manufacturing District; the chief one being that too many idiots move into a predominately industrial area and then complain and demand that the businesses that have been there for decades move out because “there’s too much noise/funny smells/trucks/”strange people (ie: employees)”/etc. Common sense should dictate that if you move to an area in an industrial area or close to RR tracks that you’re going to have a certain amount of noise, traffic, etc; it’s up to that prospective homeowner to do their homework on that area; make trips there at different times of the day and week and talk to people who already live there (NOT the agent) and determine if they can live with these things. Unfortunately, most people do not, and then they stamp their feet and whine at community meetings and at their alderman about “stopping the noise and traffic!”
This home is gorgeous, but it’s in a VERY secluded area and actually on the outskirts of the Fulton Market area (where there’s a lot of traffic in the early morning hours, truck traffic, etc). I also don’t think it’s worth what they are asking, either. Not by a long shot.
Mostly, I just like the fact that this place exists for me to look at. Oooohhh….those bridges…and that skylight! Thanks so much for posting this one, Sabrina! ^_^
This is what The MeatPacking District in NYC looked like 10-15 years ago when it was still possible to buy for under $4 mil for a unit that needed every inch gutted and rehabbed into modern masterpieces. Now you can’t walk ten feet without coming across $$$$+ Restaurants and $$$$$$+ boutiques. I am just hoping that there are a few ‘visionaries’ here who see the potential this ghetto/urbanfab area holds behind those warehouse exteriors to make this THE place in W Chicago to live. Living in the ‘hood myself, on any weekend night, there is a steady stream of Ferraris, Continental GTs and other highend cars with oh so chic occupants scurrying around….so I know the potential is there, let’s just hope the rest of the urban decay is drilled and repaired to this quality! BEAUTIFUL interior…and not an unslightly exterior either. Great to see something in this area minus those tacky black iron ‘balconies’ hanging by the two support clotheslines!
as much as i’d like that wloopelo, you know that its not going to happen any time soon, if it happens at all. theres just too much inventory in the “more desirable” areas at very competitive prices.
lincoln continentals are cool again?
True Bunt….just wishful thinking! After seeing this place, I took a quick walk there yesterday only to wish I hadn’t! The place is DIRTY and I mean real trashy all around and that just ruins the beauty of this place. Stacked bags of trash = RATS, roads so bad and packed they are impassable… So while cutting edge gorgeous, I would take a pass on it for…maybe….10 years.
BTW, CH, I was speaking BENTLEY not LINCOLNS!! LOL
Pending sale. Can’t wait to see what it will close at.