Imperial Lofts

About the Building

This beautifully-renovated loft building offers all the modern amenities you need to live in comfort and style in Chicago's up-and-coming South Loop neighborhood. The building houses 50 separate units with assigned/deeded parking to accommodate residents who own their own vehicles. In addition to the well-maintained craftsmanship of the building, this great condo development offers several different layouts with varying numbers of bedrooms and unit size, but for every unit in the building you can expect exposed brick walls, hardwood floors and massive windows with impressive skyline views.

On average, the residences in this building provide 888 square feet of living space. The different floorplans include both 1 and 2 bedrooms, each of which can range in area from 132 to 294 square feet. But home isn't only about where you lay your head at night-the rest of the place is just as essential when looking for that perfect abode. The cook in the household will find the kitchens here are divine, covering 101 square feet of the entire unit. That's enough room to whip up a delicious five-course meal for the occasional dinner party, which can be hosted in the 284 square-foot dining room. And there's even a large, 567 square-foot living room to let your guests roam around, and not even have to worry about bumping elbows.

In addition to the unit basics, you'd probably like to know what a place like this in the South Loop neighborhood of Chicago going to cost. Of course, the numbers change depending on the particular unit, but the lowest listing price in the building is $249,000 and the average is $259,450. The latest 1-bedroom place to sell went for $237,000 in March of 2007. On top of the asking price, it's important to think about the added expenses residents need to pay in taxes every year. For property in this building, the taxes generally cost $2,563 annually, so factor that in when calculating that mortgage rate.