Chopping block: 36% off over 41 days at a Paramount loft

Paramount Lofts, 1645 W Ogden Ave, Chicago

A one-bedroom loft at Paramount Lofts, 1645 W Ogden Ave on the Near West Side, has dropped in price from $169,000 to $109,000 since going on the market in early September. Magda Antillon’s listing doesn’t include any interior photos but mentions 14-foot ceiling heights, hardwood floors, and an island kitchen with granite countertops and stainless steel appliances. Monthly assessments are $400.

Paramount Lofts is a 207-unit conversion of W.A. Wieboldt and Company‘s “Midwest Store,” designed by Graham, Anderson, Probst & White. Back in 2006, one and two-bedroom lofts ranged from the $230s to the $400s.

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