Lofthaus

About the Building

This beautifully-constructed residential development has been around since 2004, and it’s one of the most impressive new buildings on Chicago's near south side. The Lofthaus development, which is located at 321 S. Sangamon in the West Loop neighborhood, offers all the modern amenities you need to live in comfort and style in the big city. It houses 70 separate units with general vicinity 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.

On average, the residences in this building provide 955 square feet of living space. The choice of floorplans include anywhere from 1 to 3 bedrooms, each of which can range in area from 132 square feet to 165 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 204 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 216 square-foot dining room. In addition, there's a large 252 square-foot living room as well—perfect for spreading out and relaxing on those quiet evenings.

In addition to the unit basics, you'd probably like to know some of the figures behind the fundamentals—more specifically, what a place like this in the Chicago’s West Loop is going to cost. Of course, the numbers change depending on the particular unit, but the average listing price for a unit in the Lofthaus is $299,900. The latest 1-bedroom place to sell went for $305,000 around 08/03/2007. 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 $4,024 annually, so factor that in when calculating that mortgage rate.