Riverbank Lofts

The River North section of the Near North Side has undergone major changes in the last few years as old warehouses have been restored and converted into luxury loft and condominium developments.

One of the original loft developments to come to the area is Riverbank Lofts, located at 550 North Kingsbury. This brick and timber development offers a total of 132 luxury units, ranging in size from 1,000 square feet for a one-bedroom unit to over 2,000 square feet for the largest two-bedroom loft.

Prices for the units start in the high $200s and range up to $900,000 for the largest penthouse unit.

Residents of Riverbank Lofts enjoy an incredible list of amenities, including a gourmet kitchen designed by Atria Studios. Each kitchen comes with a designer appliance package, granite countertops, and cherry cabinets. Bathrooms come with a two-person shower, marble floors and granite vanity tops.

Each unit also offers excellent open floor plans with huge floor-to-ceiling windows offering incredible views of the downtown Chicago skyline and Chicago River. Hardwood floors, a gas fireplace, exposed brick walls, and a timber ceiling are other features included with each unit at Riverbank Lofts.

The building also has several excellent common amenities. A 24-hour doorman, dry cleaning service, and on-site management give residences an added convenience. The building also comes with a rooftop deck where residents can entertain friends or meet the neighbors. Residents will also enjoy a river walk and modern fitness center.

River North is one of the most popular neighborhoods in Chicago. Residents are steps from the best restaurants, shopping, and downtown Chicago landmarks. Commuters will love the easy connections to downtown. Walk or grab the bus to work in just a few minutes.

Find the best shopping on the Magnificent Mile, home to several brand-name stores and high-end designers. The surrounding neighborhood also offers excellent boutiques.

If you’re in the market for a new condominium on the Near North Side, keep up with the latest news coming out of the real estate market to make the right decision for you and your family. The Near North Side continues to be the most popular neighborhood in the city, with people moving in from all over Chicago to enjoy an urban lifestyle steps from everything.

According to data from the Chicago Association of Realtors, sales of condos and lofts have dropped off during the last four years, but remain higher than any other neighborhood in the city. A total of 846 units were sold during the third quarter, a five percent decline from the same period last year.

The neighborhood is seeing an increase in the average turnover time. Condo owners and developers looking to sell their unit must now wait an average of 119 days to find a buyer.

Lower sales and more competition among sellers haven’t led to lower prices in the area. The average sales price was up another 5 percent during the quarter and could continue to rise due to the neighborhood’s popularity and the number of ultra-luxurious developments for sale in the area.

Enjoy an incredible urban lifestyle in the heart of Chicago at Riverbank Lofts.

I'M INTERESTED

To:

BestChicagoCondos.com

From:

Your message:

Hello, my name is and I'm writing
you today because I want to get detailed information
on Riverbank Lofts.

I look forward to receiving:
Pricing, Availability, Floor Plans, Recent sales, Pictures, Assessments/Taxes & Independent
Expert Advice.

personalize this message

[close]

Thank you.

Please enter valid Email address

Please enter First Name

Enter Comment

Sending your message.
Please Wait...