Will McDonald’s Execs Want to Live in West Loop Lofts? A Penthouse at 110 N. Peoria

110-n-peoria

This 2-bedroom duplex up penthouse at 110 N. Peoria in the West Loop recently came on the market.

It’s a 2125 square foot authentic loft with exposed brick walls, soaring ceilings with steal beams and skylights.

Both bedrooms are on the second floor and have en suite baths.

There’s a half bath on the main floor along with the living room, dining room, kitchen and the massive private terrace with city views that has a built-in barbecue and planter boxes.

The kitchen has white cabinets and stainless steel appliances.

The loft has central air, washer/dryer in the unit and one parking space is included that the listing says will fit 2 cars.

Listed at $999,000, are million dollar lofts going to be bought by McDonald executives?

Nancy Tassone at Jameson Sotheby’s has the listing. See the pictures here.

Unit #501: 2 bedrooms, 2.5 baths, 2125 square feet, duplex up

  • Sold in February 1996 for $435,000 (did not include parking)
  • Sold in January 2006 for $742,000 (included the parking)
  • Sold in June 2013 for $722,500 (included the parking)
  • Currently listed for $999,000 (includes the parking)
  • Assessments of $475 a month (includes exterior maintenance, scavenger, snow removal)
  • Taxes of $10,061
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 21×14 (second floor)
  • Bedroom #2: 10×15 (second floor)
  • Deck: 36×22

This 2-Bedroom Loft Reduced $30K After Just 2 Days on the Market: 203 S. Sangamon in the West Loop

203 s sangamon #2

This 2-bedroom in the Beacon Lofts at 203 S. Sangamon in the West Loop came on the market on September 5.

The Beacon Lofts was converted in 1998. I believe all 48 units are duplex up units. There’s an outdoor parking lot but some lofts also have indoor parking.

It’s a duplex up south facing loft with 20 foot ceilings and a column of exposed brick.

One bedroom is on the main floor. It looks like it doesn’t have direct windows but the listing says its fully enclosed.

The master bedroom is on the second floor.

The kitchen is new with 2-tone Dura Supreme cabinets, quartz counter tops, Bosch package, and GE French door.

The listing says there’s a brand new gray marble second bath, but it doesn’t have a picture.

It has the features buyers look for including washer/dryer in the unit and central air.

It is one of the lofts in the building that has the garage parking, and it’s included in the price.

From what I can tell from the pictures and the listing, the kitchen and the second bathroom were updated.

You can see the 2013 listing pictures here.

This loft last sold in 2013 for $430,000. It came on the market for 45% more at $625,000.

It was then reduced $30,000, or about 5%, within 2 days.

Why would you need to reduce so quickly in one of the hottest neighborhoods and in a hot housing market?

Lynn Weekly at @Properties has the listing. See the pictures here.

Or you can see it in person at the Open House on Sunday from 12 PM to 2 PM.

Unit #212: 2 bedrooms, 2 baths, 1521 square feet, duplex up

  • Sold in December 2002 for $315,000
  • Sold in April 2004 for $341,000 (CCRD says $241,000 but I think it’s a typo based on the mortgage amount)
  • Sold in July 2007 for $415,500
  • Sold in September 2013 for $430,000
  • Originally listed on September 5, 2017 for $625,000 (included parking)
  • Reduced 2 days later
  • Currently listed for $595,000 (still includes the garage parking)
  • Assessments of $431 a month (includes cable, exercise room, exterior maintenance, scavenger, snow removal, Internet)
  • Taxes of $7058
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×13 (second floor)
  • Bedroom #2: 12×10 (first floor)

 

Live in the Marshall Field Junior Mansion for Under $700K: 1919 S. Prairie in the South Loop

1919 s prairie

This 2-bedroom in the Marshall Field Junior Mansion at 1919 S. Prairie in the Prairie Historic District in the South Loop came on the market in March 2017.

This mansion was built in 1890 and was converted to 6 condos in 2006 at the height of the old housing boom, when there was new construction all over this neighborhood.

If this mansion looks familiar, it’s because we chattered about it, and even this particular unit, during the bust years back in 2010.

See our chatter here.

As some of you may recall, the developer didn’t keep any of the interior vintage features, unfortunately, but this unit does have 3 fireplaces.

It’s on the second floor of the building.

It has the modern open concept of living, dining and kitchen.

The listing calls the kitchen “updated” with stainless steel appliances, including Miele coffee system and Subzero, granite counter tops and a large island.

Both bedrooms are en suite. The master bedroom has a walk-in closet with California closets.

It has the features buyers look for including central air, washer/dryer in the unit and one car garage parking which is included.

Listed in March, it has been reduced $110,000 to $675,000. That’s just $27,500 over the 2013 sales price.

Is this a deal?

Nadine Ferrata at Coldwell Banker has the listing again. See the pictures here.

Unit #4: 2 bedrooms, 2.5 baths, 2227 square feet

  • Sold in September 2006 for $850,000
  • Sold in December 2010 for $647,500
  • Originally listed in March 2017 for $785,000
  • Reduced several times
  • Currently listed for $675,000 (includes garage parking)
  • Assessments of $484 a month (includes exterior maintenance, lawn care, scavenger)
  • Taxes of $13,276
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 20×12
  • Bedroom #2: 16×9
  • Living room: 18×18
  • Dining room: 13×17
  • Kitchen: 12×13

Pasta Factory Loft-Like Townhouse Returns 10 Years Later: 2334 W. Polk in Tri-Taylor

2334-w-polk-pasta-factory-loft

This 4-bedroom townhouse in the Pasta Factory at 2334 W. Polk in Tri-Taylor just came on the market.

It would take a real dedicated reader to recognize it, though, as it appeared on Crib Chatter all the way back in December 2007 not long after the site was launched.

No one commented on it.

Ha!

But you can still see the description and the old pictures here.

The Pasta Factory is a 6 unit building with gated parking.

This townhouse has 4 levels but has loft features including exposed brick walls, industrial size windows, timber ceilings and even a unique bow truss.

The listing says there is a custom hanging mantle with a wood burning fireplace.

There’s a spiral staircase that leads to a loft and a ladder that takes you up to the private 20×15 rooftop deck.

The kitchen looks new compared to the 2007 pictures and now has wood cabinets, granite counter tops and stainless steel appliances.

2 of the bedrooms are on the second floor with 2 of them in the lower level.

This is only the third time this townhouse has been on the market in the last 22 years.

For loft lovers, is this a good compromise for those looking for levels?

Alex French at Conlon has the listing. See the pictures here.

Unit #3: 4 bedrooms, 3 baths, no square footage listed (but was 2000 in 2007)

  • Sold in August 1995 for $150,000
  • Sold in June 2008 for $385,500
  • Currently listed for $399,000 (includes gated parking)
  • Assessments of $244 a month (were $136 a month in 2007)
  • Taxes of $4812
  • It says “partial central air” but not sure this is correct
  • Washer/Dryer in the unit
  • Wood burning fireplace
  • Bedroom #1: 13×12 (second floor)
  • Bedroom #2: 12×12 (second floor)
  • Bedroom #3: 12×10 (lower level)
  • Bedroom #4: 12×10 (lower level)
  • Laundry room: 8×5 (lower level)
  • Loft: 14×14

Get a 4-Bedroom South Loop Townhouse for Under $900,000: 1816 S. Indiana

1816 s indiana

This 4-bedroom townhouse in the Kensington Park Townhomes at 1816 S. Indiana in the South Loop came on the market in April 2017.

This complex was built in 2003 and has 39 units with garages.

At 3,335 square feet, this is one of the larger units.

It has 4-levels with a 2-car attached garage.

Three of the four bedrooms are on the third floor with the master suite on the fourth level with 2 walk-in closets and its own 8×19 oversized private deck.

The living room, dining room and kitchen are on the second floor.

The kitchen has white cabinets, granite counter tops, stainless steel appliances, a kitchen island and a custom banquette along with a deck.

As is common with townhouses, there’s a family room on the first floor.

It has central air.

Since being listed in April 2017, the townhouse has been reduced $90,999 to $899,000.

Four bedroom townhomes are rare. Even rarer are ones listed for under $900,000.

It was last reduced on August 16 to $899,000.

Sometimes when listings are on the market and reducing, they get lost in the shuffle.

Is this a deal at this price?

Nadine Ferrata at Coldwell Banker has the listing. See the pictures here.

Unit A: 4 bedrooms, 4 baths, 3,335 square feet, 2 car attached garage

  • Sold in March 2003 for $697,000
  • Sold in May 2007 for $865,000
  • Lis pendens foreclosure filed in June 2011
  • Sold in September 2011 for $710,000
  • Originally listed in April 2017 for $989,999
  • Reduced several times
  • Currently listed at $899,000
  • Assessments of $224 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $15,083
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 16×21 (fourth floor)
  • Bedroom #2: 12×12 (third floor)
  • Bedroom #3: 9×12 (third floor)
  • Bedroom #4: 9×12 (third floor)
  • Family room: 12×20 (main level)
  • Deck: 8×19 (fourth floor)
  • Deck: 3×19 (second floor)

 

This Is What a Million Dollar Loft Looks Like in the South Loop: 1020 S. Wabash

1020-s-wabash

This 3-bedroom New York style loft at 1020 S. Wabash in the South Loop came on the market in April 2017.

At 3200 square feet, it has 12 foot ceilings and walls of industrial windows with north, east and south views. The listing says there is brick and timber, but the pictures don’t indicate that. I believe these lofts have concrete ceilings.

The kitchen has custom cabinets, Subzero and Viking appliances and 2 pantries. The listing says the island is big enough to seat 8.

The master bedroom has a spa master bath with Grohe/Duravit.

There’s enough space for a library/piano room and two living room type spaces.

The loft has central air, washer/dryer in the unit and there are 2 deeded parking spaces, with one included in the price.

This listing says this is a 3-bedroom loft. There are 4 floor plans included in the listing. Check those out.

Is the third bedroom just a closet as it appears to be in the first, basic, floorplan without the furniture put in? Or does the third bedroom have to be added as it is in one of the floor plans with the furniture included?

I’m confused.

Originally listed at $1.249 million, it has been reduced $50,000 to $1.199 million.

Who are the buyers for large lofts like this in this neighborhood?

Charese David at Menard Johnson & Associates has the listing. See the pictures and floor plans here.

Unit #7E: 3 bedrooms, 2.5 baths, 3200 square feet

  • Sold in May 2000 for $536,000
  • Sold in April 2009 for $775,000
  • Originally listed for $1.249 million
  • Reduced
  • Currently listed for $1.199 million
  • Assessments of $971 a month (includes security, exterior maintenance, scavenger, snow removal)
  • Taxes of $11,870
  • Central Air
  • Washer/Dryer in the unit
  • 2 parking spaces, with one of them included in the price
  • Bedroom #1: 23×17
  • Bedroom #2: 17×16
  • Bedroom #3: 13×9
  • Family room: 21×18
  • Library: 22×20
  • Laundry room: 6×11

Selling a 2/2 Loft Just 14 Months Later in the West Loop: 701 W. Jackson Boulevard

701 w jackson

This 2-bedroom authentic loft in 701 W. Jackson Boulevard in the West Loop recently came on the market.

The building is on the corner of Jackson and Des Plaines and has 46 units and outdoor parking.

It was converted into lofts in 1997.

This is a southeast corner loft on the second floor with tree top views.

It has the loft features buyers look for, including 14 foot timber ceilings, timber beams and exposed brick walls.

The loft has 12 foot industrial windows and both of the bedrooms have windows, which is rare for a loft.

The kitchen has white cabinets, black granite counter tops and white appliances, including a double oven.

The master bathroom has a double vanity and the second bathroom has been remodeled to include an industrial style stand alone shower.

It also has central air, washer/dryer in the unit and an exterior parking space including in the price.

This loft sold just 14 months ago, in June 2016.

Since then, the second bathroom has been completely remodeled and there are new espresso stained solid red oak flooring throughout. The kitchen and master bathroom are unchanged.

You can see the original finishes from 2016 here.

The loft is now listed 14.5% higher than the 2016 sales price at $475,000.

Buyers want move-in ready.

Will they get the higher price?

James De Marco at @Properties has the listing. See the pictures here.

You can also go to the Open Houses this weekend on Saturday, September 2 from 10:30 am to 12:30 pm and on Sunday September 3 from 12 to 2:00 PM.

Unit #204: 2 bedrooms, 2 baths, 1400 square feet

  • Sold in August 1997 for $190,000
  • Sold in June 1998 for $220,000
  • Sold in September 2002 for $312,500
  • Sold in February 2010 for $332,500
  • Sold in June 2016 for $415,000
  • Currently listed for $475,000 (includes outdoor parking space)
  • Assessments of $350 a month (includes exterior maintenance, cable, scavenger, snow removal)
  • Taxes of $5110
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 16×12
  • Bedroom #2: 14×11

 

A Loft Lover’s Dream For Under $400K in Logan Square? 2650 W. Belden

2650-w-belden-approved

This 2-bedroom loft in the Brauhaus Lofts at 2650 W. Belden in Logan Square came on the market in mid-August 2017.

The building was constructed in 1920 and has 48 units.

At 1700 square feet, it has the features that loft lovers dream about including 15 foot ceilings with timber beams and exposed brick along with 2 rows of 10 foot industrial windows.

When you see a loft in a movie, this is the type of loft the characters usually live in.

The kitchen has new high end stainless steel appliances, granite counter tops an eat-in island and white cabinets.

The listing says there’s a new vanity in the bath with Grohe and Kohler fixtures.

One of the 2 bedrooms is enclosed.

The loft has a wood burning fireplace.

It also has the other features buyers look for including central air, washer/dryer in the unit and there’s a parking spot (unclear if it’s indoor or outdoor.)

Originally listed for $399,900, it has been reduced $10,000.

Is this a deal for the square footage in one of Chicago’s hottest restaurant neighborhoods?

Douglas Misko at Find It Re has the listing. See the pictures here.

Unit #208: 2 bedrooms, 1 bath, 1700 square feet

  • Sold in October 1995 for $75,000
  • Sold in February 1996 for $123,000
  • Sold in May 2000 for $193,000
  • Sold in March 2016 for $145,000 (seemed to be county owned or something?)
  • Originally listed in August 2017 for $399,900
  • Reduced
  • Currently listed at $389,900 (includes parking)
  • Assessments of $300 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $4161
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 13×13
  • Bedroom #2: 14×10
  • Laundry room: 5×5
  • Foyer: 10×16

 

A 3-Bedroom Duplex Loft Penthouse With a Private Terrace in the West Loop: 850 W. Adams

850 w adams

This 3-bedroom duplex penthouse brick and concrete loft at 850 W. Adams in the West Loop came on the market in June 2017.

Located across from the popular Mary Bartelme Park, this industrial building has 35 units and was converted into lofts in 1998.

This duplex unit has 2700 square feet, including 1,000 square feet of outdoor space with a balcony and a 870 square foot private terrace.

It has North and East views out of large industrial windows.

The loft has authentic features including exposed brick and tall concrete ceilings.

The kitchen has Viking appliances and granite counter tops. Are those green or gray modern cabinets? I can’t tell from the pictures.

There are two bedrooms on the main floor, both of which have windows, and the third bedroom, or den, is on the second floor with a bathroom and access to the massive terrace.

The master suite has an attached bath with a steam shower and Carrera marble throughout.

This loft has all the other features buyers look for including central air, washer/dryer in the unit and 2-heated garage parking spaces which are included.

From the beginning, this building was considered a “luxury” loft building.

With the West Loop now one of the hottest neighborhoods in the city, does $1.695 million for this loft make sense?

Kim Korber at @Properties has the listing. You can see the pictures here.

Unit #7F: 3 bedrooms, 3 baths, 2700 square feet, duplex up

  • Sold in July 2006 for $1 million (included 2 parking spaces)
  • Originally listed in June 2017 for $1.695 million (including 2 parking spaces)
  • Currently still listed for $1.695 million
  • Assessments of $1050 a month (includes exterior maintenance, lawn care, scavenger)
  • Taxes of $12,073
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 18×18 (main level)
  • Bedroom #2: 16×16 (main level)
  • Bedroom #3: 18×18 (second level)
  • Terrace: 40×38 (second level)

 

 

Loft Week: Do Loft Buyers Care About Busy Streets? 550 N. Kingsbury in River North

550 n kingsbury

It’s time to do loft week on Crib Chatter.

This 1000 square foot 1-bedroom loft in the River Bank Lofts at 550 N. Kingsbury in River North  just came on the market.

The River Bank Lofts has 138 units with hardwood floors, exposed brick walls, and timber ceilings.

The west side of the building has views out on the Chicago River while the east has “city views.”

This loft is east facing with a balcony overlooking the city.

It has exposed brick walls, timber ceilings and hardwood floors, along with a gas fireplace.

The kitchen has white cabinets and the listing says “new” stainless steel appliances.

It has both a den and a climate controlled 18×11 “bonus room” across the hall.

It has the features buyers look for including central air, washer/dryer in the unit and parking is available for $25,000 extra.

Most lofts were built in industrial areas so locations aren’t always prime.

The north side of this building is next to the Ohio Street feeder ramp to the Kennedy Expressway.

As a buyer, do you care about busy nearby streets? Or is it expected with most loft buildings?

Patrick Teets at @Properties has the listing. See the pictures here.

Unit #515: 1 bedroom, 1 bath, 1000 square feet

  • Sold in March 1996 for $156,000 (included parking)
  • Sold in April 2003 for $263,500 (included parking)
  • Sold in February 2012 for $245,000 (included parking)
  • Sold in April 2014 for $330,000 (included parking)
  • Currently listed for $330,000 (plus $25,000 for parking)
  • Assessments of $470 a month (includes doorman, cable, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $5733
  • Central Air
  • Washer/Dryer in the unit
  • Gas fireplace
  • Bedroom: 12×10
  • Den: 12×8
  • Storage unit across the hall: 18×11