We Love Large 1-Bedroom Authentic Warehouse Lofts: 312 N. May in the Fulton Market
This 1 bedroom loft in the Warehouse Lofts at 312 N. May in the Fulton Market neighborhood of the Near West Side came on the market in June 2013.
This building was part of the Loftminium conversion of loft rental apartments into condos in 2000-2001 in the West and South Loops.
At 1330 square feet, it has the features loft lovers look for including wide open living spaces, huge industrial windows, 13 foot timber ceilings and exposed brick.
The kitchen is newer, with dark cabinets, stainless steel appliances and a tile backsplash.
There are two bathrooms, one which has been updated and one which looks like the original loftminium bathroom with a black and white tile floor.
This 1-bedroom has a den as well as a loft that appears to be accessed via a ladder.
Loftminium buildings were known for their quirky and unique loft layouts. No two were alike.
The loft has central air and in-unit washer/dryer but there is no deeded parking. Parking is rental.
The Fulton Market neighborhood continues to remain the epicenter of hot restaurants and clubs.
Authentic loft inventory is also very low.
Will this sell quickly?
Brooke Vanderbok of @Properties has the listing. See the pictures here.
Unit #4F: 1 bedroom, den, 2 baths, 1330 square feet
- Sold in October 2000 for $191,000
- Sold in April 2006 but price is unclear. Redfin/Zillow say it sold for $128,750 but mortgage information in the public record would seem to indicate the sales price was around $260,000.
- Originally listed in June 2013 for $325,000
- Still listed for $325,000
- Assessments of $238 a month (includes snow removal)
- Taxes of $3200
- Central Air
- Washer/Dryer in the unit
- No deeded parking- rental only for $150-$200.
- Bedroom: 14×13
- Den: 12×7
- Loft: 13×9- second floor
The low ceiling on the lofted bedroom says restraint and suspension play, the only lofted bedroom entrance being a ladder with a huge beam running through it says sadomasochism.
Very curious floor plan. Two bathrooms right next to each other. Why? Walk thru den to get to both of them? Why not put Laundry room in that corner make one sizeable bathroom.
Very cool place. The lack of natural lighting would be a deal breaker, but I love this type of loft in general.
I’d be tempted to replace the wall with one of those door track systems (don’t know what the actual name is). Agree on the bathrooms – there’s got to be a way to configure it so that you have one enormous gorgeous full bath and a small half bath between the laundry room space and the two existing baths.
The photos aren’t doing this place any favors
I’d rather have two small full bathrooms than one huge full bathroom and one half hath.
“I’d rather have two small full bathrooms than one huge full bathroom and one half hath.”
If this were a 2 bedroom, I’d agree. In a 1 br unit, why the need for 2 full baths? Alternate what shower you use?
“If this were a 2 bedroom”
It isn’t listed as such, but the pix and floorplan show two ‘bedrooms’: the bedroom and the loft area. They also have the nursery (a ‘bedroom’) in the ‘den’–an area I would call a “hallway”, given the *3* doors off the side of it, and the uses behind those doors.
this loft is like a logic puzzle. been trying to reconfigure it for the last 15 minutes. i think i’ve got it.
pull of miracle and get this place for $250K
wall off existing entrance.
bump the current living room/bedroom divider wall over to the other side of the brick column…and extend it up to ceiling and all the way through the dining room. what was living room/dining room becomes a closed-in master suite. room for sweet bath and nice walk-in closets.
use that door in the utility room as your main entrance (my whole plan hinges on this actually being a possibility)
rip down closet wall of old master bedroom and create large living room space
2 of 3 walls of existing utility room gone so when you walk in, kitchen is on your right…L shaped using new wall of master suite and existing wall where fridge now resides. again, open to large living space immediately in front of you.
utility room gets shoved into back corner. what is now two bathrooms becomes one (condensed) utility room and a separate powder room.
use existing den as dining room space open to living room/kitchen.
oh yeah, there’s no extra loft space above kitchen anymore. that is gone.
then you’d have a pretty cool 1/1.5
and with Google moving 500+ employees to that renovated office space on fulton in another 12-24 months well you might be able to market this as a really nice high-end 1/1.5 in an area of the city that is quickly becoming hipster heaven.
* i know it’s probably impossible to do this renovation and profit but i’m just throwing it out there.
Old Hickory – you have too much time on your hands. That being said, I love the idea.
His and hers bathrooms…just because there’s only one bedroom, doesn’t mean only one person will be living there.
Yes, don’t forget Jenny’s law of toilets:
The number of toilets in a dwelling unit must be equal to or greater than the number of occupants, but never less than two.
This allows for flumageddon and ensures that no one can rummage through your medicine cabinet if you live alone.
I’ll say this place does have an odd layout and the pictures aren’t helping it but if I had to choose between this place and the 2 bedroom in the last post, I would take this place in a heartbeat, even more-so since you get to save $100k. I wouldn’t even care that I didn’t have parking, and this is coming from the most car-centric person possible…
Neighborhood is doing quite well. Soho house, Nobu, Google coming. Next, G&TG, little Goat, Aviary, GEB, and many old staples lend itself to nightlife. Skinner school and new Morgan stop give good infra structure. Finally decent parks round it all out.
Move here and be happy.
“Google coming.”
Isn’t this just a bunch of sales people? What’s the big deal? I don’t get it. It’s not different than McDonalds sales people (and no one talks about them) or Allstate sales people or Grainger sales people. The real action is in California. The little satellite offices are nothing to write home about. I’m glad Google has an office here and all but it’s not like it’s GrubHub.
I agree that it’s not about who they are or what company they work for. It is about getting people into that huge building and finally making it into the neighborhood draw it should have been 10 years ago.
1000 w Fulton and the google lease have already created a ripple effect that will add life to a dead and decaying area of buildings that have GREAT upside potential. It’s not too late to catch the wave!
“Isn’t this just a bunch of sales people? What’s the big deal? ”
It’s 500 employees initially, with space and ability to expand to accommodate many more. If you don’t see the difference in the buying power of a Google employee (even a, GASP, salesperson) compared to an Allstate or McDonald’s employee, I don’t know what to tell you. Maybe consider the respective approaches to compensation and the stock price. Maybe consider the employee base and where they would like to live. Etc. I know some Google folks and most were OTM on their options for a while, but nobody is now.
Although this thread is pretty old, my neighbor just forwarded this and i thought i’d comment on the comments. Pretty interesting to get feedback from strangers on my condo. We’ve lived here 8 years and never did end up selling. The original intent was to buy a larger unit in the building, and with a short timeframe to sell, we couldn’t make it work.
Bathrooms – this unit, many years before, had another bay of windows, which was likely a bedroom with a walkthrough closet into the back bathroom. Today’s modern ensuite i suppose. That extra bay was split off into the adjacent unit, which left us with two bathrooms, when we bought. We had visions of a single large bathroom many years ago. Reality says a his and hers is pretty good. I would never trade this.
Restructuring the utility room to not have back to back bathrooms – this is unrealistic. The utility room includes all water, gas, and exhaust piping and duct as part of a common stack. And underfloor plumbing work in the unit below. Not good. Although we’ve thought about using that 2nd door as a mudroom, there’s not enough clearance to make that a daily ideal.
Loft above the kitchen – that’s the guest room, storage and where the cat hangs out. We try not to hang out on the gas and sprinkler lines.
Natural light – there is a lot…guessing the pictures didn’t do it justice. Can’t actually see the pictures anymore though.
Den – It’s an enlarged hallway that works. When you live in chicago, you utilize space to the best of its potential.
Many months later, we are glad we didn’t move!