Loft or condo — which will you choose?

08-tier condo floor plan at 565 Quincy, Chicago

16-tier loft floor plan at 565 Quincy, ChicagoSince 565 Quincy consists of an adapted loft building topped with 11 floors of new-construction homes, buyers at the development face one more choice than they would at other buildings. Do they prefer the look and layout of a concrete loft, or would they rather live in something a little closer to a traditional condo?

If you were looking for a home in the $320s or $330s, these floor plans would both fit your budget. The home above, unit #1208, is a two-bedroom / two-bath new-construction condo with 1,104 square feet and views and a balcony to the west. It’s a relatively square unit with its bedrooms and baths positioned on opposite sides of the kitchen and living / dining area.

In the loft portion of a building is the similarly priced unit #516, a 1,167 square-foot one-bedroom / two-bath with den. The loft plays in more of a shotgun style, with the den, bedrooms, and baths stacked one-by-one from the entrance, with a hallway leading from the front door to the kitchen and living room on its far southern end. Instead of a balcony, the loft has an inset terrace.