What To Look For In A Chicago Loft

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Photo of a Chicago loft with exposed red brick walls, massive timber beamed high ceilings and industrial loft windows plus trendy furniture.
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What to look for in a Chicago loft condo? Start with tons of light from huge windows.

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Exposed brick means you’ve got yourself an authentic loft. There will always be demand for authentic lofts so this is a key thing to look for in a Chicago loft condo.

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Gotta love the high ceilings with huge timber beams but know that old wood ceilings mean you just might hear your neighbors.

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To improve this loft, upgrade the fireplace and add custom shelving to incorporate the TV.

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Diagonal real hardwood floors are always a good feature.

Here’s What To Look For In A Chicago Loft Condo

When buying a Chicago loft condo there are important considerations. We advise our clients to look for lofts with high ceilings, lots of light, authentic exposed concrete / brick / timber features, outdoor space off the living area and opportunity for minor improvements.

  • Location, Location, Location

    A building with a great location that works for you is of course paramount. Public transportation, highway access, parking, restaurants and shops, parks and safety are a few important considerations. But the importance of location doesn’t stop at the doorstep. With loft condos also look at location within the building. Is it close to an elevator? A mile walk to the lobby? Where is your parking spot in relation to the unit? Day-to-day this kind of stuff matters.

  • A Good Building

    The physical condition of the condo building itself is often overlooked but in fact is just as critical or even more so than the condition of the unit itself. Older condo buildings and loft conversions can be high maintenance and sometimes new buildings can have unexpected costly problems as well. You’ll of course want to be aware of any special assessments and building issues early in the process. Your Best Chicago Properties REALTOR® will help you get the information you need so you don’t waste time looking at units in problematic buildings. The financial health of the condo’s association is just as important as the condition of the building. You’ll have the opportunity to review the association’s financial statement, declaration, bylaws and minutes of the board before you buy.

  • Windows, Light & View

    Because many of Chicago’s old warehouses were built on a city block thus quite square, many loft conversions are long and narrow with windows at one end providing limited light. We advise our clients to consider an end unit with windows on two sides to bring more light in for the long Chicago winters. Look for “protected” view corridors – those overlooking a park, canal, or facing down a street, where new construction will have a minimal impact. A nice view is always a bonus but don’t pay more for it as in Chicago views can disappear with new construction!

  • Look For Something You Can Improve Upon

    It’s always good to buy a loft condo that has some room for minor improvements that can translate into a higher sale price when the time comes to sell.

“We cannot thank you enough for all the help you gave us in finding our place in the South Loop. This is great, it takes about 15 minutes to get to work via train and about 10 minutes via driving or cab. Kimberly has been out almost every day riding her bike on the Lake Front. She even participated in the Ride the Lake event this past week!”  Read more buyer reviews.

Levan & KimberlySouth Loop Buyers

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