Loft Condos
Home buyers 25 and under have nearly doubled from 10 years ago, spurring an increase in condo purchases. Here are three loft-condos for sale in neighborhoods popular with the young crowd.
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LOCATION/PRICE: Denver / $224,900
PROPERTY TAX: $1,200 annually
THE PROPERTY: 1,104-square-foot 1 bedroom, 1 bath in four-story building.
DESCRIPTION: With exposed ductwork, this loft comes with a concrete bar top and covered patio. Master bedroom has double French doors. A separate defined space can serve as a guest bedroom or study.
NOTABLE: Located above an art gallery and bookstore, the property is 15 minutes from mountain biking and hiking trails. The monthly assessment fee is $205.
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LOCATION/PRICE: Chicago /$274,900
PROPERTY TAX: $2,130 annually
THE PROPERTY: 1,200-square-foot 2 bedroom, 1 bath in a four-story building.
DESCRIPTION: Hardwood floors throughout loft with brick-exposed walls in living room. Master bedroom has gas fireplace and there's free laundry usage in the basement of the 16-unit building.
NOTABLE: One block to Lincoln Park along Lake Michigan and one mile to Wrigley Field, this loft-condo has a monthly assessment fee of $250.
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LOCATION/PRICE: Austin / $325,000
PROPERTY TAX: $6,747 annually
THE PROPERTY: 1,294-square-foot 1 bedroom, 1 bath with a study.
DESCRIPTION: Concrete floors throughout the loft and an island in the kitchen. Master bedroom has a walk-in closet and attached bath with a double vanity and a separate shower.
NOTABLE: The four-story building has a community pool, a hot tub and an exercise area. The monthly assessment fee is $312.
Sources: realtor.org, bradfordrealestate.net, ryanrealtychicago.com, austinclassicrealty.com
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