Dubin opens condos, townhouses in W. Loop

Dubin Residential held a grand opening last weekend for Monroe Place, a new community of townhomes and “soft loft” condominiums in the West Loop, on the site of the former Wertheimer Box Factory, 1228 W. Monroe.
Located near the intersection of Monroe and Racine, Monroe Place will feature 33 townhomes base priced from the upper $300s and 34 condominiums base priced from the mid $200s. The townhouses range from 1,500 to 2,400 square feet, and the condos have about 1,000 to 1,400 square feet.

The project is unusual in the West Loop both for its comparatively affordable prices and for offering townhouses as part of the mix in a neighborhood dominated by lofts and condominiums, according to Mike Kelahan, director of sales and marketing for Dubin Residential.

“We are taking one of the last undeveloped sites in the West Loop and offering moderately priced homes that cater to a number of different lifestyles,” Kelahan said. “It is extremely difficult to find a better combination of new construction in an urban setting at this price.”

The three-story townhouses have two bedrooms (some also have dens), two or three baths, media rooms and attached two-car garages. The first level has an entry foyer, media room and bath per plan. The main level, with the kitchen and a combined living and dining room, is on the second floor.

“The second level of the townhome floor plans offers an open living space that is great for entertaining and also affords homeowners a lot of flexibility in terms of how they can arrange their furniture,” Kelahan said. “Hardwood floors extend throughout the entire second level, and granite countertops, stainless steel appliances and 42-inch upper cabinets in the kitchen make this a very elegant and comfortable level of the home.”

Condominiums at Monroe Place will be located in an adjacent five-story building. The units will have two bedrooms, one to two baths and balconies or terraces. The first floor of the building includes deeded indoor heated parking for each home.

Standard features include hardwood floors in living areas, 42-inch upper kitchen cabinets, granite countertops and stainless steel appliances.

“One of the most attractive aspects of the condominiums is the loft-style construction, which includes concrete ceilings with exposed electrical and air ducts,” said Kelahan. “This feature adds character to the homes and is just another example of how the residences at Monroe Place offer buyers a wide selection of living arrangements and styles.”

Kelahan said he expected the West Loop location to be a big draw at Monroe Place.

“The West Loop has gone from pretty down and out in the mid-1980s, to the hottest housing market in Chicago in the late ’90s, to where it is now: a balanced neighborhood with a diverse population and urban conveniences like grocery stores, restaurants and dry cleaners,” Kelahan said. “There is no doubt that it is has joined the ranks of Chicago’s great neighborhoods.”

A sales center for Monroe Place is open at Racine and Madison.

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