As developers scramble to build in the West Loop, old properties bring out the meatpacking district’s charms.
When Google announced a move to the West Loop in 2012, a flurry of developers set their sights on the neighborhood. Now, as Google’s “1K” Chicago headquarters — located at 1000 W. Fulton — inches closer to completion, and other tech companies such as Twitter plan their own West Loop moves, a spate of new developments are following suit, including rental high rises and the Soho House hotel. As it is, the hot ‘hood has no shortage of renowned restaurants and entertainment venues, with others on the way. In fact, the only thing not multiplying in the neighborhood might be its signature converted warehouses — the charming spaces that initially attracted restaurants and tech ventures, and before them, a wave of urban pioneers and art galleries in the 1980s.
It’s that rustic, lofted appeal that makes the top floor condo at 1217 W. Monroe (above) stand out. (Call Koenig and Strey broker Jennifer Mills Klatt, left, at 773-914-4422.) Recently gutted from the shell, the 6,000-square-foot former warehouse space features soaring ceilings, a private elevator and a two-car garage. But what really drives the $2,795,000 ask is the touch of luxury in the midst of the meatpacking district. The four-and-a-half-bathroom, four-bedroom home boasts modern finishes, a sizable kitchen with sleek Italian cabinetry and Sub-Zero & Wolf and Viking appliances (three fridges and two dishwashers) and a master suite with a floor-to-ceiling tiled bathroom containing a freestanding soak tub and his-and-her sinks.
The luxe surroundings won’t detract from the neighborhood’s appeal as a creative and artist hub — the 81 feet of hallway space is begging for good art from nearby galleries.
Lofty ambitions: For those hankering for the classic West Loop look, no property comes closer than new-to-market 106 N. Aberdeen, unit 5A (above, call Related Realty broker Juany Monroy-Honeycutt at 773-968-6625). Tucked in a live-work building, the loft features exposed-beam, concrete and brick details, plus a stellar view of the downtown skyline. Priced at $329,000, the two-bed, one-and-a-half-bath condo is situated near restaurants, transportation and something only recently associated with the entertainment-filled neighborhood: good schools.
In the loop: Longtime West Loop gallery owner and denizen Kavi Gupta helped shape the neighborhood, and continues to do so today, having opened a second eponymous gallery in the neighborhood in 2012. His current exhibition features work by Chicago artist José Lerma, whose paintings’ mirrored surfaces and electric colors make a bold statement in any home. 835 W. Washington; Kavigupta.com