Get a 3135 Sq Ft True Artist Loft in Printers Row for $650,000: 727 S. Dearborn
This 2-bedroom in The Donohue Annex at 727 S. Dearborn came on the market in April 2023.
The original portion of The Donohue was built in 1883 and it was the first printer building in the neighborhood. The Annex, at 727 S. Dearborn, was added in 1913.
It was one of the first loft buildings in Printers Row to be converted into housing. It became condominums in 1994.
There is no door staff or parking. But the building does have a fitness room.
The listing describes this loft as an “original artist loft” as it doesn’t seem to have many walls.
It has 13.5′ ceilings and tall, oversized newer industrial windows.
The loft has “some orginal hardwood and brick” throughout.
It’s still live/work.
At 3135 square feet, the listing says it has “endless potential” to be customized to suit a buyer’s needs.
The freight elevator opens directly into the loft with a passenger elevator nearby.
There are just 2 units per floor in the Annex. It’s also the concrete side of the building, as far as ceilings are concerned.
The kitchen has a green stove and dishwasher along with a stainless steel refrigerator and a breakfast bar that seats two.
The primary bedroom has a window and walls but the second bedroom does not appear to have a window.
If you look on the floor plan the loft has a unique area designated “painting storage.”
The unit has features buyers look for like central air and washer/dryer in the unit. The listing says there is radiator heat. There’s no parking with this building but rental and for sale parking spaces are available in the neighborhood.
This is a unique property. I couldn’t find an original sales price. I’m assuming this is the original owner that is selling.
The listing says it’s being sold “as-is.”
Listed for $650,000, will an artist of some kind take a chance on this space?
Jane Wenger at Wenger Properties has the listing. See the pictures and the floor plan here.
Or see it at the Open House on Saturday, Apr 22, from 11 am to 1 pm.
Unit #211: 2 bedrooms, 1 bath, loft, 3135 square feet
- I couldn’t find an original sale price
- Currently listed at $650,000
- Assessments of $2220 a month (includes heat, security, exercise room, exterior maintenance, scavenger, snow removal and Internet)
- Taxes of $13071
- Central Air
- Washer/dryer in the unit
- No Parking
- Bedroom #1: 12×17
- Bedroom #2: 10×26
- Foyer: 6×13
- Living room: 27×29
- Kitchen: 13×15
- Dining room: 14×12
- Bonus room: 16×28
- Bonus room #2: 14×27
As a space–art studio, whatever–it’s great.
As a living space, it’s a $650k gigantic-compromise/frustrating-project.
“It became condominums in 1994”
This unit was in a condo when it was sold in 1980. Sold for $21,000 to the current owner.
Bona fide painting studio of a fairly prominent artist now in her 90s.
I could never live here. This looks like a space for commercial use.
This place rocks – Tons of potential
Negatives
1 Bathroom, really needs a second
Price is really out there for unfinshed space. A starving artist isnt buying this and anyone with the means to is probably looking at sticking another $100k minimum to make it work
This is probably what the majority of buyers would be looking for – https://www.zillow.com/homedetails/124-W-Polk-St-APT-100-Chicago-IL-60605/3871439_zpid/
Zillow has a 3D tour
Gigantic footprint, but that’s about the only redeeming quality of this place. The view and lighting are horrible (can’t imagine living AND working here). The flooring needs to be redone, wall repainted, kitchen gutted, bathroom gutted.
wow… this place is fascinating… I took the 3D tour on Zillow and this is clearly a life well lived… kudos to the owner who has lived here for the last 43 years…
“The flooring needs to be redone, wall repainted, kitchen gutted, bathroom gutted.”
It’s in the original condition. Of COURSE things need to be done to it. But isn’t the original condition just grand? It reminds me of the original NY lofts in Soho and Tribeca. Artists used to be able to do all their work in those spaces. There were no granite counter tops or walls. Hooray.
“Price is really out there for unfinshed space. A starving artist isnt buying this and anyone with the means to is probably looking at sticking another $100k minimum to make it work”
Is it? It’s 3100 square feet. Other huge lofts in the Donohue of this size have been listed at $2 million – yes- with new kitchen and baths.
Seems like a deal for the square footage.
“This unit was in a condo when it was sold in 1980. Sold for $21,000 to the current owner.”
Might have been just the annex that early. And maybe sold as work spaces, not to live in.
Penseur, I’m not putting your comment through on the site because we really don’t care if people are moving to Scottsdale from Chicago. Nor do we care about 2 properties there. If you want to talk about Scottsdale real estate, start a blog. Look how much fun you can have.
But to answer your question, yes, I’m sure there are quite a few wealthy Chicagoans moving to Scottsdale. Also Sarasota and Longboat Key. Probably Naples too. Baby Boomer hot spots.
“Bona fide painting studio of a fairly prominent artist now in her 90s.”
Hooray! Very cool.
Is no one going to comment on the olive green stove??? It’s a classic. Haven’t seen one actually IN a property in decades. I wonder if it still works? Amazing.
Is no one going to comment on the olive green stove? I wonder if it still works?
Based on the frying pan I’d venture to say yes, it still works. Looks like she added or replaced the olive green dishwasher at some point. Love that the artist was so true to her theme that she painted the surface green to match.
The real challenge to me is not the space for the dollar. That seems somewhat realistic. But it is being on the second floor with $3200 in carry costs each month. Even fixed up perfectly that is a bit of a stretch. For those numbers many willing to part with $1.5 million dollars after a high end renovation would expect a higher more prominent floor location. Oh, and did I mention that for $1.5 and $3200 per month they might also expect in building parking for their many automobiles?
Just love this space! So authentic with wonderful furniture pieces.
“Is it? It’s 3100 square feet. Other huge lofts in the Donohue of this size have been listed at $2 million – yes- with new kitchen and baths.
Seems like a deal for the square footage.”
It Is and its not (Not horrible but not a deal)
Listed and selling are 2 different things
910 Sold for $600k
1012 never sold a $1.1+MM and was “finished”
“Listed and selling are 2 different things
910 Sold for $600k
1012 never sold a $1.1+MM and was “finished””
There was a huge one I cribbed about. They split it into two units and I think it sold. No one wanted 4000 square feet apparently.
I love this space. I’m showing my age, but that oven is not olive, it’s the classic avocado from the 1970s
This one?
https://cribchatter.com/looking-for-a-family-loft-get-5-bedrooms-in-the-donohue-lofts-at-711-s-dearborn-in-printers-row/
It’s a little hard to trace, bc the listing called the constituent units as 3a, 3a1 and 3c, while 304 continued to be listed in its reduced size…
https://www.redfin.com/IL/Chicago/711-S-Dearborn-St-60605/home/14092631
and seemingly hasn’t sold.