If the prospect of paying nearly two grand in monthly rent for a studio in one of the downtown Chicago’s flashy new residential towers has you singing the blues, why not consider putting the cash towards a mortgage instead? Take for example this well-lit corner unit on the the 9th floor of the 23-story building at the northwest corner of Washington and Wells. Originally constructed for the Morton Salt Company in 1927, the Loop structure later housed Illinois Bell before going condo in 2001.
Featuring two bedrooms, two bathrooms, and an open kitchen with modern European cabinetry, the home has high-ceilings, in-unit laundry, and a balcony ideal for taking in the surrounding downtown cityscape. Asking $390,000, the condo includes one garage parking space and access to the building’s fitness center, bike room, dog run, and rooftop deck.