Thinking of buying a Chicago loft?

You’re in the right place – here you’ll find the latest Chicago lofts for sale and tips on what to look for in a loft including how to buy a Chicago loft that best meets your needs.

Chicago loft kitchen with timber beam - buy this loft!

We love the timber beams in this Chicago loft kitchen!

Plus we define and discuss the pros and cons of soft lofts vs. true lofts. And, we provide links to the five best Chicago neighborhoods for loft hunting.

And here you can explore all the current Chicago lofts for sale, updated every every 10 minutes, so you’ll always see the latest listings.

Save your search, share it with friends and receive email notifications when Chicago loft listings meeting your criteria come on the market.

Just click the links below and explore all the various types of Chicago lofts for sale including: artist, brick & timber, concrete, historic, industrial, live-work lofts and raw spaces. Enjoy!

Explore Chicago lofts for sale

What to look for in a Chicago loft

True or hard lofts vs. soft lofts

Best Chicago neighborhoods for lofts

Expert loft advice

Working with Best Chicago Properties is the best decision we could have made in searching for our West Loop loft. They were both friendly and professional, and our broker’s knowledge of the Chicago real estate market was exceptional. He devoted a huge amount of time to helping us find the perfect loft, and it was always clear he had our best interests at heart. Read more reviews or schedule a consultation for help buying your Chicago loft.

The latest Chicago lofts for sale

$363,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
1,000
SQFT
550 North Kingsbury Street #316
Chicago, IL 60654
 
Open House 01/26 at 1PM
$575,000
Single Family Home For Sale
New
2
BED
2
TOTAL BATHS
1,700
SQFT
1300 West Altgeld Street #117
Chicago, IL 60614
 
Open House 01/25 at 12PM
$399,900
Single Family Home For Sale
New
2
BED
2
TOTAL BATHS
1550 South Indiana Avenue #604
Chicago, IL 60605
 
New Listing - 12 hours online
$1,100,000
Condo For Sale
New
3
BED
2
TOTAL BATHS
2,400
SQFT
1000 West Washington Boulevard #515
Chicago, IL 60607
 
New Listing - 14 hours online
$399,900
Condo For Sale
New
2
BED
2
TOTAL BATHS
1212 North Wells Street #706
Chicago, IL 60610
 
New Listing - 14 hours online
$300,000
Condo For Sale
New
2
BED
1
TOTAL BATHS
1735 North Paulina Street #307
Chicago, IL 60622
 
New Listing - 15 hours online
$359,900
Single Family Home For Sale
New
2
BED
1
TOTAL BATHS
1,080
SQFT
2654 West Medill Avenue #102
Chicago, IL 60647
 
Open House 01/26 at 12PM
$975,000
Condo For Sale
New
3
BED
4
TOTAL BATHS
3,322
SQFT
411 West Ontario Street #226
Chicago, IL 60654
Ontario Street Lofts Subdivision
Open House 01/25 at 12PM
$440,000
Condo For Sale
New
2
BED
1
TOTAL BATHS
1,190
SQFT
616 West Fulton Street #211
Chicago, IL 60661
 
Short Sale
$375,000
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,250
SQFT
417 South Jefferson Street #106B
Chicago, IL 60607
 
New Listing - 18 hours online
$1,350,000
Condo For Sale
New
2
BED
3
TOTAL BATHS
3,500
SQFT
1000 West Washington Boulevard #141
Chicago, IL 60607
 
New Listing - yesterday
$369,900
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,300
SQFT
1801 West Larchmont Avenue #310
Chicago, IL 60613
 
Open House 01/26 at 1:30PM
$569,500
Condo For Sale
New
2
BED
3
TOTAL BATHS
1,875
SQFT
1445 West Belden Avenue #1C
Chicago, IL 60614
 
New Listing - yesterday
$269,000
Condo For Sale
New
2
BED
1
TOTAL BATHS
1,100
SQFT
2545 South Dearborn Street #308
Chicago, IL 60616
 
New Listing - 3 days online
$109,900
Condo For Sale
New
1
BED
1
TOTAL BATHS
642
SQFT
391 Wilmington Drive #C
Bartlett, IL 60103
Lofty Condos Subdivision
New Listing - 4 days online
$324,500
Condo For Sale
New
1
BED
1
TOTAL BATHS
1635 West Belmont Avenue #312
Chicago, IL 60657
Cinema Lofts Subdivision
New Listing - 4 days online
$299,000
Condo For Sale
New
3
BED
2
TOTAL BATHS
853 West Carmen Avenue #D2
Chicago, IL 60640
 
New Listing - 5 days online
$369,900
Condo For Sale
New
2
BED
2
TOTAL BATHS
1530 South State Street #15P
Chicago, IL 60605
Dearborn Tower Subdivision
New Listing - 5 days online
$425,000
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,356
SQFT
807 Davis Street #504
Evanston, IL 60201
 
New Listing - 5 days online
$399,900
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,259
SQFT
1250 South Michigan Avenue #709
Chicago, IL 60605
 

What to look for when buying a Chicago loft

Let’s face it, some lofts are just far better than others.

Before you buy a Chicago loft, it’s important to delve into the factors that make the space work with your needs.

For example, location, ceiling height, natural light, noise and the exterior condition of the building. And whether you want a soft loft or a true loft.

Let’s take a look at each of these factors in more detail.

Chicago Lofts for sale, Brick and timber chicago loft, loft living area

Authentic Chicago loft with timber beamed ceiling.

Great location

As with all real estate, location is the first consideration.

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.

It’s important to 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 really matters.

Solid building

The physical condition of the loft building itself is often overlooked but in fact is just as critical or even more so than the condition of the unit itself.

Older loft conversions can be high maintenance. You’ll of course want to be aware of any special assessments and building issues early in the process.

Don’t waste time looking at loft units in problematic buildings. Work with an agent that knows the neighborhood and the loft buildings well.

The financial health of the association is just as important as the condition of the building.

Make sure to review the association’s financial statement, declaration, bylaws and minutes of the board before you buy.

Windows, light, view

Classic brick and timber Chicago loft living area 495x400

Tall timber ceilings, two walls of brick, exposed duct work, fireplace and diagonal real oak floors make this loft a winner.

Many of Chicago’s old warehouses were built on an entire city block.

For this reason, they are often big and square. And as a result, often Chicago loft conversion units are long and narrow stretching out to just one set of windows at the end. Thus creating a dark and dreary feeling. Especially in winter. No thanks!

For this reason, end units with windows on two sides are what you want. This brings you more light for those long Chicago winters.

Plus, look for “protected” view corridors. Those overlooking a park, canal, or facing down a street, where new construction will have a minimal impact.

And a nice view is always a bonus. That said, don’t pay more for it as in Chicago views can quickly disappear with new construction!

Potential for improvement

Finally, it’s always good to buy a loft that has some room for improvement.

Our client that bought the huge two bedroom West Loop loft pictured above was able to utilize extra living space to create a third bedroom.

Thus netting him a $100k profit when he sold just two years later!

True / hard loft vs. soft loft

Either can be excellent alternative to a standard condo. Let’s dive into the differences:

What is a true / hard loft?

In some cities these are referred to as hard lofts. In Chicago, we know them as true lofts. And they are, well, the “real” thing.

True lofts are basically old industrial buildings or warehouses that have been converted or repurposed into residential loft condominiums. These buildings have a history and when you buy a true loft you are buying a piece of Chicago history. Some of our favorite examples are an old brewery, a publishing house, a pencil factory, a Kodak manufacturing plant, a Nabisco bakery and a Singer sewing machine plant.

Many of these old buildings are massive, square structures occupying nearly an entire city block. As such, when converted to residential use, some true loft apartments tend to be long and narrow with windows only at the very end of the unit.

Pro: you own a unique storied space, a piece of history

Con: true loft floor plans can be narrow and dark

What is a soft loft?

Soft lofts are purpose built condos, not loft conversions. In Chicago, the soft loft building boom happened between about 1990 and 2010. There are not as many soft loft buildings being built today but there is still strong demand for soft loft apartment living.

These are basically condos built to look like old vintage lofts. As such, they often feature exposed duct work, high exposed concrete ceilings, walls of windows and partially enclosed bedrooms where the walls don’t extend to the ceiling.

With soft lofts you find many of the same features as true lofts. But in a newer building with modern features like floor-plans designed to allow more light.

Pro: you often have more light and modern finishes

Con: soft lofts can feel cookie cutter

What are the Best Chicago neighborhoods for lofts?

The neighborhoods we serve with the most lofts for sale are the West Loop, Fulton Market, South Loop, Printer’s Row and River North.

There are of course others but these are former industrial areas and thus there are many interesting old buildings that are now Chicago loft conversions.

Click the links below to explore these neighborhoods and view the latest loft listings.

Expert loft advice and tips

It’s also important to work with an experienced real estate broker who specializes in lofts and knows the good buildings. With over a dozen years helping clients buy Chicago lofts, we know how to help you avoid pitfalls and make the best choice.

Ready to buy a Chicago loft? It’s never too early to get started. Schedule your consultation today!