A Perfect #10 in the West Loop!

No. 10 Lofts

Urban Courtyard Lofts with Terra Cotta appointed brick façade No. 10 lofts is located at 1040 W. Adams between Morgan St. and Aberdeen Ave

The West Loop has an abundance of timber lofts. This neighborhood should be your 1^st choice if you are passionate about loft living. Since there was so much industry and manufacturing in this area, there are now many choices for loft living.

You will pretty much find all of the usual suspects at No. 10 lofts, high ceilings, timber beams or concrete columns, sandblasted exposed brick, stainless steel or black appliances, oak hardwood flooring, gas fireplaces, balconies and in some cases private patios, in-unit laundry, party room and garage parking.

But No. 10 Lofts doesn’t stop there, they offers some pretty amazing extra amenities. Starting with an elegant lobby, they also feature a yoga and pilates studio, private big screen DVD theater, party room with full kitchen, pool table, fitness center with state of the art equipment, 24 hour doorman and a business center.

You also get ample square footage in this building, the one bedroom homes start at 840 o 1250 sq. ft., two bedrooms range from 1200- 1500 sq. ft. and 3 bedrooms 1380 – 1840 sq. ft.

There are 259 homes in the building and currently 21 are for sale, 11 one bedrooms, 9 two bedrooms and 1 three bedroom. Priced from $237k – $425k. For more info on sales and rentals available in the building go to:

http://www.no10lofts.chicagoloftsandcondos.com

Even in this challenging real estate market the sales have remained strong at 1040 W. Adams, with 9 units being sold in the last 6 months alone & 20 in the last 12 months.

The market times ranged from 18 days to 305 days with the average days on market at 165. With most buildings in the West Loop have minimum market times of 6 month’s, No. 10 lofts is selling faster than the average of other buildings in the West Loop.

Ideally located for anyone working in the loop, on a nice day you can walk the 10 minutes to downtown or catch a bus right outside your door. Union and Metra stations are 5 minutes away. You are also only 3 blocks from hopping on the Eisenhower, Dan Ryan or Kennedy Expressway.

The T&C Real Estate Team

Filed under: 1040 W.Adams, Buying a Home, Chicago Condo, Chicago Condo Buildings, Chicago Condo Sales, Chicago Loft, Chicago Lofts, Chicago Properties for Sale, Chicago Real Estate, No. 10 Lofts, Selling your home, West Loop Condo, West Loop Loft

Factors to Keep in Mind While Buying a Condo

The choice between single family homes and condos in Chicago is usually not a very easy one. While there would be a vast number of individuals on either side of the fence, i.e. either vehemently for or against opting for Chicago condos, the truth actually lies somewhere in between. Agreed, that there are a number of benefits that condos offer, but there are also various limiting factors that accompany them; we look at some of them in this article, starting with the benefits.

Numerous Shared Resources
A major advantage with condos is the instant access that you gain, to a vast number of shared resources that are already a part of the entire condominium. There is relatively little additional effort involved in gaining access to those resources, unlike in single family homes, where you won’t even have such existing resources, in the very first place. Examples include lounges, pools, exercise rooms, and more. Additionally, costs of electricity, Internet access, Television Cable, etc. are also shared and distributed, dramatically bringing down the cost per household.
Instant Access to a Social Network
Life in independent bungalows can be lonely at times; with condominiums, you have immediate access to people in the vicinity who eventually become a part of your social network. Security too is largely taken care of, in condominiums, as entry of external entities is restricted, and neighbors in the vicinity act as additional security and support in case anything untoward happens.
While the above are some of the advantages of staying in condos, there are a few disadvantages as well, including:
Lesser Privacy
With the additional security and safety that your neighbors give you, they also take away the privacy you experience in your own private bungalow. The experience is all the more stark, if you have always stayed in a family home, and are making the transition to a Chicago condo for the first time.
Limitations of Size and Layout
While an independent house can be structured, laid out and designed as per personal tastes and preferences, condos do not allow that luxury. Invariably, the overall size, shape, layout of the rooms, and the colors used are standard. Even the fittings and fixtures tend to be uniform – often, not to your taste. This can be a severely limiting factor for those with varied tastes and a dash of creativity in their personalities!
Summing up, the choice of opting for an independent family home, or going for a condominium is not an easy one; there are various factors that come into play, both in favor and against each. So, it is up to you which factor affects you the most, and accordingly, you should go about making your choice.

Christine Hancock

Filed under: Chicago Condo, Chicago Condo Buildings, Chicago Condo Sales, Chicago Loft, Chicago Properties for Sale, Chicago Real Estate, Condos

Featured Chicago Open Houses

Haberdasher Square Lofts

 Open House: Sunday, August 16
Time: 12 – 2pm

Address: Haberdasher Square Lofts
Neighborhood: Loop/West Loop

728 W. Jackson Blvd. Units 610 & 823

#610 1 Bedroom/1 bath Concrete Loft $249,900 (Assts. $281 and include Heat/Air)

Urban living at it’s finest. Beautiful 1 bedroom concrete loft in the west loop. Completely remodeled kitchen with granite counters, stainless steel appliances and custom stone back splash. Unique original maple floors, fireplace, 12′ concrete ceilings, full size side by side washer/dryer, large bathroom w/linen closet, must see! Garage parking options available in building. FHA Spot Approval Available. View Photos

#823 2Bedroom/2bath Timber Loft $324,000 (Assts. $480 and include Heat/Air)

Top floor, Penthouse level Timber Loft with both bedrooms fully enclosed! Master Suite w/huge walk-in closet, Split bedroom floor plan, in-unit laundry,  Island Kitchen, 11 ft. ceilings, hardwood floors, gas fireplace, North exposure for beautiful city skyline views. Full amenity building. Parking available $32K. All this in a true walk to work location. View Photos

Chicago Loop, 5 Minutes from the Financial District, Union Station & all Chicago’s major Law Firms.

Filed under: 728 W. Jackson Chicago, Buying a Home, Chicago Condo Sales, Chicago Lofts, Chicago Properties for Sale, Chicago Real Estate, Concrete Loft, Haberdasher Square Lofts, West Loop Condo, West Loop Loft, Chicago Open House, Timber Loft

Luxury 1 Bedroom duplex at Water Tower Place

 

Complete renovation of a 1 bedroom duplex at The Water Tower Place Residences. 2 Story Marble foyer with a Grand Staircase leading to the den & the master bedroom. The master bedroom has an ornate recessed tray ceiling and master bath with custom cabinetry, Jacuzzi, stone floors & counters.
The Kitchen is custom designed with Abitare cabinets, cherry floors and stainless steel appliances. Incredible custom built-in cabinetry in living room-familyroom-dining room & den.  Phenomenal Lake & City Views. Full Amenity building including the world class services of the Ritz Carlton Hotel $1,850,000.

To check the availability of The Water Tower Residences at 180 E. Pearson click here….

The T & C Team For more information about this home, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.

Filed under: Chicago Condo Sales, Chicago Properties for Sale, Chicago Real Estate, Downtown Chicago Duplex, 180 E. Pearson, Chicago Luxury Condo, Gold Coast Condo, Gold Coast Duplex, Luxury Duplex, Ritz Carlton Hotel Residences, Water Tower Residences

The Expanded First-Time Home Buyer Tax Credit: 10 Common Questions (and Answers)

Source: news.yahoo.com

In late May, Uncle Sam rolled out a policy change that provided home buyers with expedited access to a recently-enacted tax credit worth up to $8,000. The change allows home buyers to put this tax incentive …

Filed under: Buying a Home, Chicago Condo Sales, Chicago Properties for Sale, Chicago Real Estate