Offering a 30% Buyer Commission Rebate & 1% Full-Service Listing Fees | Exclusive to No. Ten Lofts Residents
The most recent 5 properties to hit the market at 1040 W Adams sold in an average of 7 days at 103% of asking price. Properties in the building for both rent and sale are flying off the market significantly faster than average for the West Loop. There are currently 2 units under contract that accepted an offer during their first weekend on the market. This tells us demand is high in the building, buyers are motivated and moving quickly, and property value is increasing. It also suggests sellers have more leverage heading into 2024 peak season and can justify higher asking prices with favorable contract terms.
Property Metrics | Average List Days: 7 | Average Price Per Square Foot: $411 | Average 1 Bedroom Sale Price: $334,000 | Average 2 Bedroom Sale Price: $500,000
1.5% Full-Service Listing Fees | Exclusive to No. Ten Lofts Residents
The most recent 3 units to close sold with parking for an average of $440 per square foot, and accepted an offer in an average of 19 days on the market. Hudson Parker currently has 1 exclusive 2 bed 2 bath unit for sale at 1040 W Adams. There’s 2 additional units for sale available publicly through the MLS.
Property Metrics (Rolling 12-Months) | Average List Days: 11 | Average Price Per Square Foot: $421 | Average 1 Bedroom Sale Price: $339,000 | Average 2 Bedroom Sale Price: $555,000
No. Ten Lofts is a prominent figure in the West Loop footprint, standing 4 stories high and nearly a full city-block wide. The historic commercial building was constructed with the highest standard of quality and safety. In 2006 it underwent the transition to residential lofts, maintaining its authentic charm with exposed brick and timber wood ceilings, while upgrading to integrate modern luxuries. No. Ten Lofts, 1040 W Adams is now a luxury Chicago loft building that is centrally located in Chicago’s bustling West Loop neighborhood, yet tucked away on a quiet tree-lined street. The West Loop neighborhood is adjacent to the Loop, making No. Ten Lofts location perfect for professionals and those eager to be near the epicenter of museums and other Chicago cultural crown jewels. Within 259 units ranging from studios to 3 bedrooms, you’ll find a floor plan to meet every need. Let’s take a peek inside.
Of the 259 units within the building, each one is spacious with open floor plan and soaring ceilings, allowing for privacy without sacrificing space. Each unit offers private outdoor space, hardwood floors, and tons of light. Every detail of the condominiums features thoughtful design and effortless charm and style.
Best of all, the building has 3 distinct courtyards, with all units occupying the courtyard level boasting a large private patio surrounded by gorgeous landscaping. This feature enables owners to seamlessly transition from busy city-life into a quiet, tranquil oasis that is a truly unique opportunity for the area.
The building’s high-end amenities coupled with flawless management and maintenance make for truly effortless living. Services are available 24 hours a day, with package receiving and door staff securing the building and available day or night for any need. The gym is also a major perk, with top-rated equipment from Pelotons to treadmills, row machines, a weight rack, and more. Another unique feature is the buildings yoga room, offering free classes exclusively to residents. For those remote workers, there’s a business center with a private meeting room, computers, and printers at your disposal. Entertaining is made easy in the buildings movie theater room, and a club room complete with a sound system, kitchen equipment, a pool table, and outdoor space. Residents of No. Ten Lofts can relax into a luxury lifestyle, in a building that’s as well taken care of as the residents are.
Located in the heart of West Loop, 1040 W Adams provides the highest accessibility to everywhere you need to go in the neighborhood, while coming home to quiet living on a tree-lined street. Situated in one of Chicago's most sought-after communities, the shops and amenities available make this building’s location one of its best features. Whole Foods and Mariano’s are around the corner to keep the kitchen stocked, along with numerous boutique grocers and liquor shops to keep truly anything that you may want at your fingertips.
For a night out, Chicago’s hottest bars offering atmospheres and drink menus to suit any mood are just a couple blocks away. The West Loop neighborhood is home to the famous ‘restaurant row’ and several of the city’s Michelin starred restaurants, 3 of which are part of world-renowned celebrity chef Grant Achatz’s The Alinea Group.
Schools in the area include top-rated Skinner West Elementary, The Intercultural Montessori School, and Merit School of Music. The University of Illinois and The Chicago-Kent College of Law are right next door.
Community spaces to enjoy the outdoors are abundant around No. Ten Lofts. Bartelme Park is a 4-minute walk away. Here you will find expansive open grass area, a playground, and dog park. There’s also iconic stainless-steel arches that emit a fine mist of vaporized water on hot Chicago days, cooling off families while immersing the area in a cloud. In the summer you’ll catch neighborhoods residents strolling through the diverse farmers market on the weekends and movies in the park in the evenings.
Hudson Parker understands the balance between expertise and intentionality. Established as one of the top real estate brokerages in Chicago, Hudson Parker proudly promotes 1040 W Adams as a top place to call home.
Looking to purchase or sell a home? Curious about current market valuations, or simply interested in exploring your real estate options? Contact us today and experience the Hudson Parker difference.
2251 N Geneva Ter Chicago, IL 60614
