Bicycle Station Lofts

About the Building

This converted mid-rise loft building is one of the most sought-after residential condo developments in the South Loop neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort and modern luxury. Located at 1632 S. Indiana, the structure has 53 individual units spread out over 7 floors with assigned/deeded parking for residents' vehicles and a fitness center access.

This South Loop building offers residences a number of diverse layouts and an average of 793 square feet of living space. The different floorplans include anywhere from 1 to 3 bedrooms with a standard master bedroom size of 136 square feet. Generally, the kitchens are 103 square feet, providing plenty of room to prepare a meal for the family, or throw together a banquet-size spread for a few friends at your new home (who knows, maybe you'll even invite over the neighbors for a little meet and greet).

Grand dinner parties or not, sometimes the deal breaker in purchasing a new home is whether or not your four-legged family member is welcome. Well, in case you have a Fido or other furry friend waiting in the wings, you'll be happy to know this residential building is pet friendly. So don't forget to scope out that new spot for the food dish.

In addition to the fundamentals of 1632 S. Indiana, you're probably interested in learning a little something about the bottom line involved in living at a place like this in South Loop neighborhood. Like, for example, how much you might have to pay in assessments and taxes every year. Well, the typical assessments for this charming Chicago residence are $167 per month, in addition to average annual taxes of $2,271.

The price per square foot for units at 1632 S. Indiana is $296, with an average size of 793 square feet. The smallest properties offer 705 square feet of living space, while the largest ones encompass 1,000+ square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 80 days. Just to give you an idea of the building's residential real estate value today, a 1-bedroom unit sold for $248,000 in August of 2007. The average listing price of a home at 1632 S. Indiana is $229,500, and there are currently few 1-bedroom residences available at this lovely South Loop residential enclave.