With the emergence of Chicago’s hottest new dining scene and so many real estate development projects happening over the past decade, the West Loop is among the most sought after Chicago neighborhoods for home buyers and renters searching for a new place to call home. Trendy loft spaces, modern new construction condos, and even some desirable and spacious townhomes scattered around the area define the West Loop real estate landscape, but it’s the brand new park spaces, chic new restaurants lining Randolph Street, and the recently added big-box retailers and grocery stores that now make the West Loop a complete downtown Chicago neighborhood.
As mentioned, home buyers and renters in Chicago have plenty of housing options in the West Loop, but it’s the classic West Loop loft buildings that continue to be in a high-demand, regardless of market conditions. While an abundance of redeveloped West Loop loft buildings are located all throughout the West Loop neighborhood, getting a jump on one for sale or rent has proven to be a bit more difficult as Chicago’s real estate market continues to improve and gain momentum. All too often, buyers specifically wanting a West Loop loft will take a little extra time to contemplate their final decision and even that extra day or two can sometimes mean the difference between securing your dream loft for sale and losing it to another buyer.
So to get a head start on your West Loop loft search, take a look at three of our favorite West Loop buildings. Each has a tremendous value, endless character, and offers a true-urban vibe that makes Chicago loft living so special. While there are numerous other great loft and condo buildings for buyers to search in the area, these three West Loop addresses continue to make a great impression on both buyers and those of us working in the industry:
913 W. Van Buren: The West Loop lofts at 913 W. Van Buren are authentic and boasts all the typical loft features such as exposed brick and duct work, hardwood floors, open layouts, and beautiful timber ceilings. A true West Loop gem, the lofts at 913 W. Van can’t be overlooked by serious loft buyers.
1000 W. Washington: The lofts located at 1000 W. Washington are loaded with history and are located in an unbeatable West Loop location. Formerly the home of the National Biscuit Company (Nabisco), this one-time industrial-sized bakery is now home to some of the most desirable loft condos in all of downtown Chicago.
331 S. Peoria: Often described as unique, handsome, and loaded with character, the 331 S. Peoria lofts in Chicago’s West Loop adequately define loft real estate in the neighborhood. In a convenient, true walk-to-work location, 331 S. Peoria is an awesome opportunity for loft buyers wanting an easy commute to work and the heart of Chicago’s main business and financial district.
Interested in West Loop lofts for sale in downtown Chicago and want to schedule a private showing for your dream loft? Contact Nick Nastos at Chicago's Property Shop today at (312) 243-5200!