University Village Lofts For Sale or Rent
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Situated just minutes from the heart of downtown Chicago, University Village is an up-and-coming neighborhood that’s a popular destination for loft lovers because of its close proximity to the Loop, as well as the lower price points you’ll find on lofts for sale in relation to other loft-centric neighborhoods like the South Loop, West Loop, and River North. Only bounded by 16th Street to the south, the Eisenhower Expressway to the north, the Dan Ryan Expressway to the east, and Ashland Avenue to the west, University Village certainly isn’t one of Chicago’s largest neighborhoods, but you might be surprised at just how extensive its loft inventory can be at any given time.
Perhaps the most recognizable loft development in University Village is a sprawling complex now known as University Commons—an ambitious and expansive loft conversion of the former South Water Market, which was once a six building distribution center for produce. Another reason why University Village lofts for sale have become quite popular among today’s urban home buyers is the neighborhood’s close proximity to Pilsen—another up-and-coming part of Chicago that’s well known for its countless taquerias, vibrant outdoor wall art, and historic turn of the century architecture.