Nearly half of Chess Lofts' homes up for rent

Chess Lofts

“If you’re really set on buying a unit, you probably could,” says Olin Eargle from Real Living Helios Rentals, but most of the homes that have not already been sold in the Chess Lofts are currently for rent. Eargle says 53 lofts are currently for rent in the 119-unit building at 320 E 21st St in the South Loop.

I ended up calling Eargle in the rental department of Helios today after finding that the phone at the Chess Lofts sales center had been disconnected. My attempts to reach developer William Warman were similarly unsuccessful, and the folks at Garrison Partners Consulting, which had previously been marketing the development, informed me that they’re no longer working with the project. So I searched Craigslist for rental units and promptly found a Helios ad.

If, as Eargle says, you’re really set on buying a unit, there are three lofts listed for sale on the MLS by Wabash Properties, the developer of South Loop and Chinatown projects like 1349 South Wabash Private Residences and Canal Crossing. There are two one-bedroom / one-baths priced in the $240s and $330s, and one two-bedroom / two-bath priced in the $380s. “Developer is offering Lease to own packages,” the listings say. “Pls call for details.” Calls to Wabash Properties regarding these homes and its other projects were not returned.

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