Is Printers Row About to Become the Next Hot Neighborhood? A 3-Bedroom Loft at 124 W. Polk
This 3-bedroom corner loft in the Folio Square Lofts at 124 W. Polk in the Printers Row neighborhood of the South Loop came on the market in April 2016.
It’s a top floor authentic loft with 14 foot concrete ceilings and south and east exposures.
A wall of industrial windows runs the entire length of the loft which also has exposed brick.
The kitchen has wood cabinets, granite counter tops and stainless steel appliances along with a wine refrigerator.
The master bedroom has an en suite bathroom.
At 2500 square feet, this unit was created by combining two smaller units.
It is big enough to have a family room and a dining room.
The loft has central air and washer/dryer in the unit but there’s no parking with the building. Parking is available to lease in the neighborhood.
This loft was recently reduced $25,000 to $575,000.
With the Riverline, a big riverfront development with 2700 units, soon to start construction just two blocks away which will include retail and restaurants, is now a good time to get into the neighborhood before prices get pushed even higher?
Could Printers Row be the next really hot neighborhood?
Heather Hillebrand at Dream Town has the listing. See the pictures here.
Unit #1004: 3 bedrooms, 2 baths, 2500 square feet
- Sold in May 2006 for $527,500
- Sold in June 2008 for $604,000
- Originally listed in April 2016 for $600,000
- Reduced
- Currently listed for $575,000
- Assessments of $1022 a month (includes security system, cable, exercise room, exterior maintenance, scavenger and snow removal)
- Taxes of $8674
- Central Air
- Washer/Dryer in the unit
- No parking- it is leased in the neighborhood
- Bedroom #1: 17×17
- Bedroom #2: 16×16
- Bedroom #3: 14×9
Is that really 2500 sq feet? Based on the floorplan, I doubt it.
At least you arent facing the rail yard. No windows in the master and one of the other Bedrooms. Doesn’t look like the master’s walls go to deck
Hate the Modular Arts wall
You’ll know when this area is hot when someone redevelops Marina City
Wow this place is depressing.
“You’ll know when this area is hot when someone redevelops Marina City”
You mean River City, right?
The Riverline project will be north and south of it so there will be development all around it (finally).
A developer just recently tried to buy the building to convert it back to apartments but the condo owners voted it down.
My Mistake, Yes – River city
With the many units, won’t it saturate the market? I’m guessing the new units will show better than this place too.
I don’t care for the layout. It looks like bedrooms 2 and 3 connect to each other and there is an entrance to the unit that leads directly into bedroom 2. The developer could have done much better in designing the layout.
Wow someone had a vendetta against perpendicular lines. I get headache just looking at the photos.
On a separate note: Sabrina, could you please make the identity of people who up/down vote on the posts public? I just don’t get why recently every post, no matter how benign, is down voted constantly. It might not matter to us the old posters, but it can discourage new people from expressing their views.
whats so depressing about this place? At least they painted all the concrete white to brighten it up… unfortunately it looks like they didn’t skim coat it though so its all bumpy and pourous looking
Other than that it looks like a pretty typical early converted loft with high assessments near the loop
It’s not depressing so much as the floor plan is absolutely baffling. What were they thinking when they designed it?
Yeah I’d open this plan up and get rid of those stupid azz diagonal walls where I could
“s that really 2500 sq feet?”
*maybe* 2200, based on the floorplan.
Make an offer at a PSF price, and then have it measured. [haha]
“On a separate note: Sabrina, could you please make the identity of people who up/down vote on the posts public? I just don’t get why recently every post, no matter how benign, is down voted constantly. It might not matter to us the old posters, but it can discourage new people from expressing their views.”
agree. also, can you allow people to change their own vote? I’ve accidentally hit down when i meant up or vice versa.
Can we get rid of the down votes entirely? I need a safe space from these microaggressions.
LOVE IT. GET DOWN GOBLINS!!!!
“You mean River City, right?”
aka, River Shitty
“On a separate note: Sabrina, could you please make the identity of people who up/down vote on the posts public?”
Also, can we do this going forward only? I believe I upvoted a couple of helmethofer’s posts…
The layout isn’t that bad, it’s just that some of the design choices for the fixtures. I don’t get it. There isn’t much of a style except for some person with too much money that points out stuff he/she likes and then just buys and installs it.
Printers Row has turned the corner with all of the new apartments, but the neighborhood west of the tracks needs the Wells Connector. Without this street it will become gridlock.
Sabrina, I live in River City. I voted yes for the Marc Realty offer. Unfortunately the offer was voted down by the minority. The Riverline development is a silver lining in this whole outcome and I was wondering if you had any inside news to what the delay is with construction. There hasn’t been any activity in months. Now that they excavated the grass and sod, there is water runoff into River City whenever it rains heavily. Any insight?
These microaggressions really hurt.
I’d rather have a “top 10 all time upvoted/downvoted” link
that would be neat to see
It doesn’t look like any of these “bedrooms” even have doors on them.
Why did I get three downvotes? Do you actually like the faux-fusion style?
“The Riverline development is a silver lining in this whole outcome and I was wondering if you had any inside news to what the delay is with construction. There hasn’t been any activity in months. Now that they excavated the grass and sod, there is water runoff into River City whenever it rains heavily. Any insight?”
Crain’s or DNAinfo, I can’t remember which one, just reported that construction was to start any day now. It’s moving forward now.
Riverline will be AMAZING for this neighborhood. It’s basically going to transform it like Lakeshore East transformed that area. But with the river, and possible water taxi stop there, and a riverwalk and all the new restaurants/bars/retail, it could become a neighborhood of first choice IF they develop it correctly.
Thanks Sabrina. I found the article.
http://chicago.curbed.com/2016/8/2/12357080/chicago-south-loop-development-news-riverline-project