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…let’s eat!

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

Schedule a consultation for help buying a Chicago loft

The latest Chicago lofts for sale

$368,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
1,000
SQFT
550 North Kingsbury Street #316
Chicago, IL 60654
 
$449,900
Condo For Sale
Contingent
2
BED
2
TOTAL BATHS
1,532
SQFT
547 South Clark Street #805
Chicago, IL 60605
Harrison Street Lofts Subdivision
$525,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,640
SQFT
711 South Dearborn Street #404
Chicago, IL 60605
 
Open House 12/15 at 12PM
$249,500
Single Family Home For Sale
New
1
BED
1
TOTAL BATHS
500 South Clinton Street #327
Chicago, IL 60607
Clinton Complex Subdivision
Open House 12/15 at 11AM
$350,000
Condo For Sale
New
2
BED
1
TOTAL BATHS
1,000
SQFT
2333 West St Paul Avenue #222
Chicago, IL 60647
 
New Listing - 10 hours online
$259,000
Single Family Home For Sale
Contingent
1
BED
1
TOTAL BATHS
1,000
SQFT
5823 North Ravenswood Avenue #105
Chicago, IL 60660
 
Open House 12/15 at 2:30PM
$289,900
Condo For Sale
New
1
BED
1
TOTAL BATHS
225 West Huron Street #302
Chicago, IL 60654
 
New Listing - 14 hours online
$549,000
Condo For Sale
Contingent
3
BED
2
TOTAL BATHS
1,700
SQFT
522 North Western Avenue #302
Chicago, IL 60612
 
New Listing - yesterday
$420,000
Condo For Sale
New
2
BED
2
TOTAL BATHS
2101 West Rice Street #208
Chicago, IL 60622
 
Open House 12/14 at 12PM
$570,000
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,314
SQFT
23 North Green Street #405
Chicago, IL 60607
 
New Listing - yesterday
$559,900
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,850
SQFT
1439 South Michigan Avenue #603
Chicago, IL 60605
 
New Listing - yesterday
$274,900
Condo For Sale
New
2
BED
1
TOTAL BATHS
1,100
SQFT
2545 South Dearborn Street #308
Chicago, IL 60616
 
Open House 12/15 at 12PM
$395,000
Condo For Sale
New
2
BED
2
TOTAL BATHS
1,200
SQFT
300 West Grand Avenue #411
Chicago, IL 60654
 
New Listing - yesterday
$239,900
Condo For Sale
New
1
BED
1
TOTAL BATHS
120 East Cullerton Street #503
Chicago, IL 60616
Bank Note Place Subdivision
Open House 12/15 at 12PM
$305,000
Condo For Sale
New
2
BED
1
TOTAL BATHS
1820 North Spaulding Avenue #204
Chicago, IL 60647
 
New Listing - 4 days online
$239,000
Condo For Sale
New
1
BED
1
TOTAL BATHS
900
SQFT
500 North Damen Avenue #307
Chicago, IL 60622
 
New Listing - 6 days online
$399,000
Single Family Home For Sale
Active
2
BED
3
TOTAL BATHS
2555 West Leland Avenue #303
Chicago, IL 60625
Rockwell Crossing Subdivision
New Listing - 7 days online
$475,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,128
SQFT
50 East 16th Street #1313
Chicago, IL 60616
 
New Listing - 7 days online
$475,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,700
SQFT
1335 West Altgeld Street #1B
Chicago, IL 60614
Piano Factory Lofts Subdivision
New Listing - 7 days online
$285,000
Condo For Sale
Contingent
1
BED
1
TOTAL BATHS
758 North Larrabee Street #828
Chicago, IL 60654
 

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!