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The cheapest loft in Chicago?

Posted 3/21/2008 by Joseph Askins

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It's possible that you'll run across a less expensive loft than the one you see above, but I can't find any in our New Homes Quick Guide. So until I hear otherwise, this one-bedroom in Rogers Park holds the title of Chicago's cheapest loft.

The 950 square-foot unit in The Kopley Group's Renaissance Lofts, 1791 W Howard St, is priced at $184,900, which is just slightly cheaper than the one-bedrooms selling at the nearby Rogers Lofts, the Shoemaker Lofts in Avondale or the McKinley Park Lofts down on the South Side.

The second-floor concrete loft has 12-foot ceiling heights, oversized windows, a 14'-3" x 21'-6" living / dining area and a 17 x 10'-3" bedroom.

That mid-$180s tag comes with one concession, of course: If the Renaissance Lofts were any farther north (across the street, even), it would be in Evanston. On the other hand, access to the Red and Purple lines is just one block east via the Howard stop, so it's not as if access to downtown is hard to come by.

The only other one-bedroom for sale at Renaissance Lofts is a smaller penthouse unit (750 square feet) selling in the mid-$190s.

Comments

3/21/08

Local Realtor said:

I would say that the main reason for such "affordability" at Renaissance Lofts is that the neighborhood is still pretty much "urban pioneer" territory, although the nearby Dominick's mall is definitely an asset. Regarding the nearby L's…how much noise bleeds into the building?

RoPo said:

"urban pioneer" is that the new "Pre-gentrification" or "easy access to crime and drugs"

Joe Zekas said:

RoPo,

Why the change of screen name from Stephen?

Concerned that people were catching on that you offer nothing but pointless remarks?

Levois said:

I don't like the layout of that loft. Why is the bathroom across from the Kitchen instead of closer to the bedrooms?

Local Realtor said:

This is an unfortunate characteristic of many apartment/condo layouts, due to placement of plumbing pipes, etc. The bath-to-living-to-bedroom trail is very common in some courtyard apartments. Yes, it's very inconvenient - especially on cold days when you have to exit a steamy shower room and drip your way thru a cooler living area to a still-cooler bedroom!

Craig Gernhardt said:

Let's also remind the readers they'll be paying into the boondoogle Special Service Area Street tax #19 tax too.

Translation. You'll be paying even move taxes.

Joe Zekas said:

Thanks for stopping by, Craig.

Anyone who hasn't been there yet, or hasn't been there recently, should click on Craig's name above and visit his blog. It's an absolute must-read for everyone who has any interest in Rogers Park.

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