On the Market
Loft Takes Its Cue from the West Loop
List Price: $1.15 million
The Property: Cue-wielding pool players get some of the best views in this 4,200-square-foot loft in an old West Loop industrial building. Look out one set of tall windows and they get a straight shot of the Sears Tower; look out the other and they see more old industrial buildings and a clock tower. The pool table itself is positioned in the corner of an immense L-shaped space, with the living and dining rooms to its west and north, respectively. The three spaces fan out from a large, open kitchen; together, the four discrete areas, separated only by original concrete pillars, make up an expansive living area.
This combination of what would have been two largish lofts also has three big bedrooms and an office. The master bedroom in particular is very large, and it has a big dressing room and a bigger bathroom adjacent, both fitted out with contemporary finishes. Sliding doors along the south and east sides of the condo open onto balconies that make it easy to take in the views and the tantalizing aromas of the Greek restaurants half a block east along Halsted Street.
As you will see in the video tour, the home has some lovely finishes, including library shelves in the living room that conceal a big-screen television and, in the kitchen, a rough-textured concrete countertop on the crescent-shaped island.
The actor David Schwimmer bought a loft in the building 13 years ago, and I have not seen a record of it selling since then. Sergei Krivokrasov, a former Blackhawk, also owned a loft in the building for a few years.
Last year, the building got a new neighbor to its west, the Mary Bartleme Park. It’s much needed green space for the West Loop and includes both a fenced section for dogs and a sculpture that emanates a cooling mist in summer.
Price Points: In 2004, Michael Crane paid $1.33 million for the loft and the two garage parking spaces (which are included in the present offering). He died recently; his estate is now asking 13 percent less than he paid for the property seven years ago. One flight up, a loft of the same size (but with a different floor plan and finishes) sold in January for $1.075 million.
Listing Agent: Nicholas Apostal of Coldwell Banker; 312-799-2800
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For a perfect investment like in condos its not just all about the design, its about how it makes our comfortable living.
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The property sold March 12 (a year and 2 days after we published the profile above), for $942,500. The asking price had been reduced a bit, to $1.1 million, by the time of the sale. The sale price is 81.9% of the original asking price, 85.6% of the reduced price.