Upgraded timber loft ‘penthouse’ in Chicago’s River North seeks $1.425M

While there are a handful of smaller condo units in the happening downtown Chicago neighborhood of River North that can be had for below $300K, most of the area’s housing stock is larger and considerably more expensive. Take for example this four-bedroom, 2,600-square-foot home in the Sexton Lofts at 360 W. Illinois.

Located in a former industrial warehouse built in 1916 and then converted to residences in the year 2000, the property spans three levels and features exposed brick, renovated bathrooms, an updated kitchen, a dumbwaiter, and a main living space with 15-foot timber ceilings.

The home inclides two outdoor spaces including a balcony hanging off the side of the building as well as a rooftop deck. While the southern, Loop-facing views were presumably a bit better before the construction of the “Winnebago-colored” parking garage of Hubbard Place, both open-air areas still look nice enough.

The lofty triplex hit the market this week for $1,425,000. HOA fees come in at another $1,396 per month with building amenities such as a fitness center, on-site dry cleaners, and 24-hour door staff.

• 360 West Illinois #617, Chicago, IL [@properties]
• Previous River North coverage [Curbed Chicago]