Sales update: 1 unit left at Substation North Lofts

by patrick rollens on 12/31/07

Substation North Lofts

We really wish we could include Substation North Lofts in New Homes Magazine‘s forthcoming lofts feature in February – but we can’t, because there’s just a single unit left.

According to Santiago Moreno, of @properties, a two-bedroom duplex is still available in the Edgewater development, which started life as a ComEd utility substation before undergoing a residential conversion by developer Sufa & Shemesh LLC. Leftover accoutrements from the site’s industrial past (including control panels and metal ladders) now adorn the units and common areas.

The remaining unit (floor plan 7 on the project’s Web page) is priced at $339,900.

About a year ago, Yo wondered whether buyers would bite at Substation North, given its price tag and location. Now, with just one unit left unsold, we’ve got our answer.

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{ 1 comment… read it below or add one }

Jane December 31, 2007 at 4:13 PM

Wow, the place I live should make 4 condos out of their old boiler room and sell them for $350,000 each!

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