Tips For Buying A South Loop Condo Or Loft
Here are our best tips for buying a South Loop condo or loft.
Buying A South Loop Condo / Apartment
There are all types of South Loop condos for sale. But most are located in high-rise buildings. If you’re thinking off buying a high-rise condo in Chicago the four best Chicago neighborhoods for high-rise condo living are Downtown, Streeterville, New East Side and of course the South Loop.
While the first three neighborhoods we mentioned above are of course worth considering, if you’re seeking a jaw-dropping Chicago skyline view, then the South Loop should be the first neighborhood on your list.
When looking at South Loop apartments for sale, there are literally dozens of excellent buildings to consider. Plus a few bad apples. In the late 2000’s there were many South Loop high-rises that didn’t quite get built as planned. They fell into limbo during the realty downturn. Some were not finished to the level of quality we expect for our clients.
If you’re seeking new construction we can represent you in your negotiations with the developer. It costs nothing and can save you big in the end. It’s never a good idea to be unrepresented when walking into a developer sales center.
Buying A South Loop Loft
The South Loop is one of the best neighborhoods to find Chicago lofts for sale.
South Loop loft inventory is exciting. Because of the industrial past of the South Loop, there are a wide variety of very cool South Loop lofts for sale.
For example, the Printers Row section of the neighborhood has many old converted printing houses. All of which have now been converted to concrete and timber lofts. There are some really excellent South Loop loft buildings to consider. And over the past decade, we’ve been in them all.
Most South Loop lofts fall into two categories: brick and timber lofts and concrete lofts.
The brick and timber lofts are a good bet because that’s what most people think of when they think of buying an industrial style loft. You know…the über cool artist loft. Take note though…sometimes that brick and timber “coolness” comes at a price. In some buildings, those old wood floors don’t have much insulation so you end up hearing your neighbors a little more than you’d like.
If you prefer peace and quiet, you’ll want to explore the concrete loft style. They are normally much quieter. And towering concrete ceilings offer their own stylistic vibe.