Industrial conversion sets new record for Logan Square with $2.39M sale

A spacious single family home next to the 606 trail that reentered the market last month seeking $2.5 million has formally sold. The house at 2436 W. Bloomingdale, an unusual but equally incredible industrial conversion, closed last week, selling for $2.39 million—setting a new record for the Logan Square neighborhood for a single family home, Crain’s reports.

According to the listing details, the sprawling six-bedroom house spans an area encompassing 7,600 square feet. And while the property has a rather stoic and nondescript exterior, the interior boasts a prominent bow truss ceiling and open floor plan with unique features such as a conversation pit and an indoor/outdoor patio area. The house also features a rooftop deck that overlooks the 606 trail.

The Logan Square area, particularly the border of Humboldt Park where the 606 trail connects the two neighborhoods, has seen an influx of development activity and rising prices since the completion and reopening of the Bloomingdale Trail as a recreation trail. Recently, 26th Ward Alderman Roberto Maldonado and 1st Ward Alderman Proco Joe Moreno unveiled a proposed ordinance to curb development in the area by penalizing property owners and speculators for converting multi-unit buildings to single family residences or for demolishing existing houses.

The spacious Logan Square home first entered the market last August seeking $2.85 million.

• House in 'anti-gentrification' zone near 606 sells for record price [Crain’s]
• Spacious bow truss timber loft near the 606 trail returns with lower price [Curbed Chicago]
• Incredible industrial conversion along 606 trail lists for $2.85M [Curbed Chicago]