Spanning the entire western exposure of a former River North industrial building dating back to 1924, this spacious three-bedroom loft was recently redesigned by Chicago’s Studio Dwell Architects. It features hardwood floors, large overhead timber beams, upgraded lighting, fully-enclosed sleeping quarters, remodeled bathrooms, a sleek modern kitchen, and a balcony fronting Hubbard Street.
While the unit certainly enjoys a lot of natural light, conditions may change if the parking lots surrounding 154 W. Hubbard are developed. So far, a glassy 18-story, 199-key hotel has been approved by the City of Chicago to fill the lot to the immediate east. The parcel just to the north is also rumored to be in play for future development.
The property recently hit the MLS asking $1,350,000 and includes one attached garage parking spot. The home’s monthly assessment of $368 is particularly low when considering the age of the structure and the fact that it includes just 18 units.