Here’s another Dubin Residential development that’s close to selling out: The Wabash Club, a 62-unit townhouse development located at 2390 S Wabash Ave in the South Loop.
A couple of units have sold since Bear Kaufman Realty took over sales in February, and now there are just four available townhouses in the 62-unit development.
All of the remaining units are two-bedroom / two-bath townhouses with attached two-car garages. Three of the units have identical floor plans, and they’re priced in the $420s, while the other is priced in the $390s. The higher-priced units only have about 100 more square feet of living space than the other one – 2,130 versus 2,035 square feet – but they do have a large roof deck, which probably accounts for the price difference.
A floor plan for the three townhouses priced in the $420s is at right.
Is 2300 South considered the South Loop?
That is a block past cermak (ie..Southside)
rss:
It’s in the South Loop by our definitions: Stevenson Expressway (2450 South) to Jackson Boulevard (300 South), Lake Michigan to the Dan Ryan Expressway
It’s not South Loop; it a combination of Near South side and Motor Row.
Not that either source is infallible, but while our neighborhood boundaries don’t always match the one’s on the city’s map, in this case we jive: They consider it the South Loop as well.
It’s also interesting to see which areas do and don’t show up on Chicago’s map. For example, the Prairie District is on there as a distinct neighborhood, but there’s nary a mention of either of the South Loop’s “rows,” Motor or Printers.
Maybe it’s becasue of the strip of projects right behind these townhomes on State St.
rss,
Most neighborhood boundaries, unless they’re natural ones such as the lake or the river, have some element of arbitrariness to them.
Over the years we’ve had quite a few internal debates over the proper southern boundary for the South Loop, and we’ve seen it advance steadily southward from Roosevelt Road where we once fixed it.
We currently place the boundary at the Stevenson – where it’s likely to remain – for two reasons. One, the expressway is a very stark dividing line. Two, everything north of the expresssway appears to be on an infill track toward becoming a cohesive neighborhood that’s very distinct from the pattern of development south of the expressway.
What we’ve done, to a certain extent, is fix the boundary at its logical stopping point rather than continuing to move the marker over time.
I agree with Joe. When I think of the South Loop I think of the area south of the loop, east of river and north of 55 that isn’t Chinatown.
With all due respect, go read most of the City of Chicago development plans, mapping data, MLS sales database descriptions, and voter databases, etc. It is usually referred to as Near South Side.
It is not South Loop. Calling this area the “South Loop” is games conjured up by real esate types trying to foist innacurate descriptions of project location.
http://en.wikipedia.org/wiki/South_Loop%2C_Chicago#South_Loop
If and when the Olympics hit Chicago, it won’t matter what it is called…that location near Motor Row will be booming with more changes.
Jeff,
The MLS follows the official 77 Community Areas in its area break-outs. The City of Chicago does the same, for some planning purposes, because of the vast amount of longitudinal census and other data available for those boundary sets.
The Community Areas are absolutely and totally meaningless with regard to how people understand neighborhoods in Chicago today. Not quite as meaningless as much of what is written in Wikipedia about Chicago neighborhoods, but close. How about this, from the South Loop Wikipedia entry you link: “Weather permitting, large scale flea-marketing takes place here.” See a lot of that large-scale fle-markting, jeff?
Three-quarters of Chicago’s neighborhoods don’t exist as Community Areas, and many of the Community Areas – which date to the early 20th century – would be head-scratchers for the people who live in them today.
The most recent neighborhood map (slow-loading PDF) from the City of Chicago places the southern South Loop boundary where we do, at the Stevenson.
We’ve poked as much fun as anyone about real estate people playing around with neighborhood boundaries and making up new neighborhoods. It’s simply not merited in this case.
I think you understand all this, and are just mouthing off about your perverse, ill-founded and mean-spirited view of the real estate industry. Get over it, Jeff.
I guess I need to put (tic) after every remark for you to get it. Create a neighbohood called Festivas and I will be impressed.
Jeff,
We all got it, Jeff, including your feeble attempt to save face and get out of it.
If I create that neighborhood will you celebrate Festivus there? Yeah, I know – your misspelling was deliberate.