We mentioned recently that loft developments are spreading north, south and west of traditional loft neighborhoods such as the West Loop and the South Loop. Here’s the latest offering, Substation North Lofts, in Edgewater, a conversion of a former ComEd substation.
The 10 lofts at Substation North, 1128 W Ardmore Ave, are priced from the $290s to the $490s, with parking included in the price. They appear to be one- to three-bedroom duplexes with private porches and ceiling heights up to 18 feet.
Just stop and think about that: $500,000 for a loft in Edgewater. Presumably that is for the three-bedroom unit (there’s only one). Think there will be many takers? Features include hardwood floors, steel beams, designer lighting, maple cabinets, granite countertops, stainless steel appliances and marble baths with Kohler tubs.