Calling all artists, creative peeps, and Tribeca enthusiasts to this "New York style" loft on Michigan Ave in the South Loop. Marketed as a live/work space, the 2/2 pad has been listed for a year and a half and is now asking $329K, as a short sale. That's less than half the original ask of $638K! And at this price—$165/ square foot—we can't see what's keeping buyers on the sidelines. The 3rd floor unit serves up 2,000-square feet and 17-foot ceilings. The master bed sports a huge cedar closet. Other goodies include hardwood floors, skylights, tin ceilings, freight elevator, and plenty of exposed brick. Most captivating of all: a spiral staircase leading up to your own roof deck. As with all short sales, proceed with caution.
·Listing: 1619 S Michigan, Unit 312 [@properties]