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18th Street LoftsClick Here To Get Up To Date Pricing & Availability
The 18th Street Lofts are one of many new developments that have come to the South Loop in recent years. The neighborhood has undergone a transition as new high-rise and conversion condominium developments bring young professionals and families back to the area.
This luxury condominium conversion is located at 1801 S Michigan. The developer behind these popular lofts is the Lyonhart Group. This company has been building quality developments around the South Loop for several years. Past projects include Cosmopolitan Lofts, located at 1133 South Wabash.
Buyers can choose from several floor plans currently on the market at 18th Street Lofts. There are currently four units for sale and one unit for rent in this South Loop development. The most affordable loft at 18th Street Lofts is a one-bedroom and one-bath unit that is priced at just $229,000. Another one-bedroom unit is also available for $250,000.
Two larger lofts are also listed. A two-bedroom and 1.5-bath unit offers a total of 1,050 square feet of living space, and is priced at $314,900. The largest unit currently on the market is a massive two-bedroom and two-bath loft that offers a total of 1,650 square feet of living space. This loft is priced at $399,900.
Rental units in this South Loop building are also available from time to time. The only unit currently listed on the MLS is a one-bedroom and one-bath loft priced at $1,350 per month.
Each unit comes with a generous list of amenities. The designer kitchen comes with GE appliances, laminate countertops, and white panel cabinets. Residents also enjoy hardwood floors throughout the main living areas and carpeted bedrooms. Other amenities include track lighting, a private balcony, and high ceilings. A gas fireplace is offered in each loft unit.
The building also comes with several common amenities. Residents enjoy excellent construction, with sound insulation and thermal insulated glass used in all walls and windows. The development also offers a modern fitness center, extra storage space, and parking in the indoor heated parking garage.
The neighborhood is one of the most popular in all of Chicago. The South Loop offers plenty of amenities within steps of home. Michigan Avenue is the commercial center of the South Loop, offering restaurants for every budget, nightlife, and shopping.
Residents also enjoy easy connections to other neighborhoods in the city via CTA buses and the nearby El station at Roosevelt Road, located just 6 blocks away. Commuters who work in the downtown Chicago business district enjoy easy connections from the neighborhood, and much of downtown is within walking distance.
Residents also enjoy easy access to parks, beaches, and lakefront trails, making it easy to enjoy an active outdoor lifestyle in the heart of Chicago. The neighborhood is home to the Field Museum of Natural History, Shedd Aquarium, and Soldier Field.
The Loop continues to see a lot of growth in the real estate market. According to data from the Chicago Association of Realtors, more than 1,000 condos and lofts were sold in the area for the second consecutive year in 2007. Prices were also up by more than 51 percent across the Loop, as many new ultra luxurious condominium developments go on the market in the downtown business district and around Millennium Park.