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Gigantic Live/Work Loft Re-Lists for $425K in McKinley Park

This type of conversion of a conventional three-flat into a cavernous live/work space, uncommon everywhere, seems to crop up with greater frequency along transitional corridors like Archer and South Ashland Avenues. It's a pretty sound way of bending inexpensive real estate to off-kilter entrepreneurial needs. Today, the spotlight is on a fully-dressed and very comfy 4,400-square-foot loft at 3157 S Archer. The open spaces are partitioned by half-walls and small sets of steps, the kitchen is quite "gourmet", and the unit delivers high ceilings, hardwood floors, exposed brick, a steam room, and wet bar. More live than work, there's still a retail space thrown in. Also indicative of the property's workplace potential are the four-and-a-half baths to only two beds. Selling in 2005 for $515K, the place returned to market in 2007 with a $699K ask, and has since de-listed and re-listed twice. Now, she's all yours for $425K.
·Listing: 3157 S Archer Ave. #1 [@properties]