Loft living is the hot new trend in Chicago, and we’re not talking about those cramped college dormitories. Whether it’s an apartment building dedicated to these high ceiling apartments, a traditional loft space like the top level of a storefront property or a repurposed industrial warehouse space, you have a myriad of options at your fingertips.
In the 1940s and 1950s, starving artists returning home from war took advantage of cheaply rented loft spaces. Most of these dwellings were located in old, abandoned or blighted urban areas. Artists also took to lofts for their wide-open spaces, using them as warehouse space for various projects.
By the 1960s the general public began to gain interest in loft apartments, consequently raising the value of these high-demand spaces. Residents with enough funds furnished and finished the lofts, creating a new alternative to elegant apartments. In today’s market, the demand for lofts is still high, yet the savvy shopper can find affordable and fashionable lofts in the city.
Today, you can find loft spaces all over the Chicagoland area. While you’ll find the majority in various Chicago neighborhoods – the South and West Loop are filled with amazing lofts at great prices – contact a real estate agent to see how and where you can find your next dream home.