Do You Have Vision? Fulton House is for You
Fulton House at 345 N. Canal is one of those rare buildings that no one seems to know much about yet it has a prominent location right on the river next to River Bend.
Built in 1903 as a cold storage warehouse, it was converted into apartments in 1979-81. It was converted into condominiums in the 1990s. It is a “live-work” building and there are actually businesses who use the space as their offices. That can make for a strange set-up for people who simply want to live there.
But there are some enormous units with interesing layouts in the building. Do you have the vision to convert one of them into your loft masterpiece?
Unit #1403: 2 bedrooms, 2 baths, duplex, 2030 square feet
- Sold in January 1995 for $215,000
- Currently listed for $393,000
- Assessment of $870 a month
- Listing says there is parking
- Chicago Realty Partners, LTD has the listing
From the listing:
WOW! WONDERFUL DUPLEX LOFT LIVING IN HISTORIC FULTON HOUSE. HARDWOOD FLOORS, SPIRAL STAIR CASE, BRICK WALLS, AND OPEN ATRIUM BETWEEN 1ST AND 2ND FLOOR MAKE THIS UNIT ONE OF A KIND. UNIT NEEDS SLIGHT TLC TO MAKE INTO SHOWCASE. THE UNIT HAS TREMENDOUS LIGHT AND INDESCRIBABLE SUNSETS. BUILDING ACROSS FROM EBC, STEPS FROM RIVER, TRAINS AND LOOP.
As you can see, it’s being used as offices. It could be cool space. Here is a smaller 1 bedroom that has been renovated.
Unit #603: 1 bedroom, 1 bath, 1275 square feet
- Sold in March 2002 for $187,000
- Currently listed at $329,900
- Assessment of $384
- Washer/Dryer in the unit
- No parking
Major Enterprises, Inc. has the listing.
I’ve looked here before. It’s a really cool building in a very good location, but unfortunately the monthly assessments are ridiculous.
The live/work thing creeps me out. There was a law firm w/people waiting in the hallway next to a unit I toured. I just couldn’t live like that
Tipster: It’s an old building that likely needs a lot of maintenance.