Tandem Lofts

About the Building

Located at 1631 S. Michigan n the heart of the up-and-coming South Loop, these beautifully-crafted units provide quality construction, spacious layouts and all the modern amenities you need to live in comfort. The units in this Chicago condo development feature floor-to-ceiling window, 12-foot ceilings, exposed brickwork, and beautiful hardwood floors. The various floorplans cater to single residents and families alike with 1- and 2-bedroom units to house the whole crew - including Fido and Fluffy, since the building has a "pets allowed" policy.

Just to give you the big picture, the units here average around 975 square feet, with the price per square foot at $284. Breaking it down a bit more, the smallest units at Tandem Lofts encompass 975 square feet of living area, while the largest ones span 975 square feet. In addition to a varying number of bedrooms, the range of dwellings here accommodate with different sized kitchens, living rooms, dining rooms and family rooms. For example, if you are big into cooking and like to have the counter space to go with your passion, there are 168 square-foot kitchens, not to mention 380 square-foot dining room in which to serve your culinary creations.

In addition to knowing how big the place actually is-and whether you'll be able to fit your sectional sofa in the living room-potential buyers also find it helpful to get the low down on the selling history and current trends of properties in the building. Just to make it easy on you, we've compiled all those knit picky facts and figures, so here you go...

The minimum time from the listing date to closing, a unit in this building has been on the market is 64 days, while the maximum is 241. Depending on the number of bedrooms, the average market time for a property in this building fluctuates. For instance, a 1-bedroom unit in Tandem Lofts typically stays on the market for around 60 days while a place with 2 bedrooms tends to stay on the market for 241 days. And to give you an idea of the going rate today for real estate at this particular site, a 10-bedroom unit sold for $258,900 in February of 2007.