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  5. Motor Row Lofts
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Motor Row Lofts

2332 S Michigan Avenue, Chicago, IL, 60616

YEAR BUILT

# STORIES

4

# TOTAL UNITS

14

UNIT SIZE RANGE

2,150-2,250 sqft

Description

Motor Row Lofts sits at 2332 S Michigan Avenue in Chicago. This building lies at the intersection of South Michigan Avenue and East Jackson Drive. Lake Michigan is a short distance away, offering nearby waterfront access. The structure is a mid-rise building with four stories. The building includes 14 unique condominium units. These units range in size from 2,150 to 2,250 square feet. Potential buyers can choose between 1 or 2-bedroom layouts. Prices for these units range from $515,000 to $545,000. The lowest sold price in the last year is around $370,000, with an average closed price of the same. Residents can enjoy several amenities, including trails, elevators, and an exercise room. A sundeck provides a place to relax, while a bike room and bike trails allow for outdoor activities. Service elevators add to the building’s convenience for moving items. Local dining options are quite impressive. Willroe, Calis Mexican American Grill, and Broad Shoulders Brewery are all nearby. These eateries offer a range of cuisines for those who enjoy dining out. The average days on the market for units is 134, giving a clear view of the area's demand. This building fits well into the vibrant Motor Row area, which blends history and modern living. It presents ample living space along with practical amenities. The combination of features supports a lifestyle where work and play coexist harmoniously.

Building ImageMLS ID #12307585
Building ImageMLS ID #12167328
Building Image
Building ImageView Listing

Motor Row Lofts

2332 S Michigan Avenue, Chicago, IL, 60616

YEAR BUILT

# STORIES

4

# TOTAL UNITS

14

UNIT SIZE RANGE

2,150-2,250 sqft

Description

Motor Row Lofts sits at 2332 S Michigan Avenue in Chicago. This building lies at the intersection of South Michigan Avenue and East Jackson Drive. Lake Michigan is a short distance away, offering nearby waterfront access. The structure is a mid-rise building with four stories. The building includes 14 unique condominium units. These units range in size from 2,150 to 2,250 square feet. Potential buyers can choose between 1 or 2-bedroom layouts. Prices for these units range from $515,000 to $545,000. The lowest sold price in the last year is around $370,000, with an average closed price of the same. Residents can enjoy several amenities, including trails, elevators, and an exercise room. A sundeck provides a place to relax, while a bike room and bike trails allow for outdoor activities. Service elevators add to the building’s convenience for moving items. Local dining options are quite impressive. Willroe, Calis Mexican American Grill, and Broad Shoulders Brewery are all nearby. These eateries offer a range of cuisines for those who enjoy dining out. The average days on the market for units is 134, giving a clear view of the area's demand. This building fits well into the vibrant Motor Row area, which blends history and modern living. It presents ample living space along with practical amenities. The combination of features supports a lifestyle where work and play coexist harmoniously.

Next

Description

Motor Row Lofts sits at 2332 S Michigan Avenue in Chicago. This building lies at the intersection of South Michigan Avenue and East Jackson Drive. Lake Michigan is a short distance away, offering nearby waterfront access. The structure is a mid-rise building with four stories. The building includes 14 unique condominium units. These units range in size from 2,150 to 2,250 square feet. Potential buyers can choose between 1 or 2-bedroom layouts. Prices for these units range from $515,000 to $545,000. The lowest sold price in the last year is around $370,000, with an average closed price of the same. Residents can enjoy several amenities, including trails, elevators, and an exercise room. A sundeck provides a place to relax, while a bike room and bike trails allow for outdoor activities. Service elevators add to the building’s convenience for moving items. Local dining options are quite impressive. Willroe, Calis Mexican American Grill, and Broad Shoulders Brewery are all nearby. These eateries offer a range of cuisines for those who enjoy dining out. The average days on the market for units is 134, giving a clear view of the area's demand. This building fits well into the vibrant Motor Row area, which blends history and modern living. It presents ample living space along with practical amenities. The combination of features supports a lifestyle where work and play coexist harmoniously.

Motor Row Lofts Market Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price$370,000
Year over year list price0.00%
Year over year sale priceDown Arrow 12.94%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market134 days
Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%
Year over year sale priceDown Arrow12.94%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market134 days
Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Motor Row Lofts Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 407407180023732023-09-01
MLS#: 11812817 		Closed$510,000
Unit 404404220023522023-05-22
MLS#: 11749018 		Closed$499,000
Unit 407407180023522018-04-30
MLS#: 09879509 		Closed$545,000
Unit 404
404

2 Beds

3 Baths

2200 sqft

DateStatusPrice
2023-05-22Closed$499,000
MLS#: 11749018
Days On Market52
Unit 407
407

2 Beds

3 Baths

1800 sqft

DateStatusPrice
2023-09-01Closed$510,000
MLS#: 11812817
Days On Market73
Unit 407
407

2 Beds

3 Baths

1800 sqft

DateStatusPrice
2018-04-30Closed$545,000
MLS#: 09879509
Days On Market52
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Motor Row Lofts means you have access to an array of fantastic amenities that elevate your lifestyle. Picture yourself unwinding on the sundeck after a day at work or getting your sweat on in the fully-equipped exercise room. With convenient service elevators, biking enthusiasts can also take advantage of the bike room and nearby trails. Whether it’s cozy nights in or vibrant outdoor activities, this building has something for everyone!

Next

Amenities Description

Living at Motor Row Lofts means you have access to an array of fantastic amenities that elevate your lifestyle. Picture yourself unwinding on the sundeck after a day at work or getting your sweat on in the fully-equipped exercise room. With convenient service elevators, biking enthusiasts can also take advantage of the bike room and nearby trails. Whether it’s cozy nights in or vibrant outdoor activities, this building has something for everyone!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

When you’re settling into a new home, it’s important to know what to expect in terms of community guidelines. At Motor Row Lofts, you're in a pet-friendly environment that allows cats and dogs (no breed restrictions mentioned). However, there are size limits for pets and some caps on the number of pets allowed, making it a cozy place for both you and your furry friends.

Next

Amenities Description

When you’re settling into a new home, it’s important to know what to expect in terms of community guidelines. At Motor Row Lofts, you're in a pet-friendly environment that allows cats and dogs (no breed restrictions mentioned). However, there are size limits for pets and some caps on the number of pets allowed, making it a cozy place for both you and your furry friends.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Motor Row Lofts--
2323 S Wabash Avenue$260/sqft.$11 /sqft.
2323 S Wabash Ave$260/sqft.$11 /sqft.
2321 S Wabash Avenue$250/sqft.$9 /sqft.
2321 S Wabash St$250/sqft.$9 /sqft.
Motor Row Lofts$314/sqft.$2 /sqft.

Nearby Schools

Motor Row Lofts is located in a school-accessible area of South Loop / Near South Side, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|0.06 miles away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|0.27 miles away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|0.39 miles away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|0.48 miles away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|0.5 miles away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|0.5 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Motor Row Lofts is located in a school-accessible area of South Loop / Near South Side, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Graham R Training Center

--
Public|Grades 9–12
2347 S Wabash Ave|Less than 1 Mile Away

National Teachers Elementary Academy

B-
Public|Grades PK–8
55 W Cermak Rd|Less than 1 Mile Away

Pui Tak Christian School

--
Private|Grades PK–8
2301 S Wentworth A...|Less than 1 Mile Away

Perspectives Charter - Joslin Campus

C-
Public|Grades 6–12
1930 S Archer Ave|Less than 1 Mile Away

Haines Elementary School

A
Public|Grades PK–8
247 W 23rd Pl|Less than 1 Mile Away

St Therese Chinese Catholic School

--
Private|Grades PK–8
247 W 23rd St|Less than 1 Mile Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|Less than 1 Mile Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|Less than 1 Mile Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|Less than 1 Mile Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|Less than 1 Mile Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|Less than 1 Mile Away

Daystar Academy

--
Private|Grades PK–9
1550 S State St St...|Less than 1 Mile Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|Less than 1 Mile Away

Sheridan Elementary Math & Science Academy

A+
Public|Grades KG–8
533 W 27th St|Less than 1 Mile Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|1.02 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|1.14 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.17 Miles Away

Yccs-Jane Addams Alternative High School

--
Public|Grades 9–12
1814 S Union Ave|1.18 Miles Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|1.24 Miles Away

Walsh Elementary School

D
Public|Grades KG–8
2015 S Peoria St|1.26 Miles Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|1.27 Miles Away

Dba City Garden Waldorf School

--
Private|Grades PK–KG
920 W 19th St|1.37 Miles Away

Chicago Military Academy High School

C
Public|Grades 9–12
3519 S Giles Ave|1.39 Miles Away

Urban Preparatory Charter Academy Bronzeville High School

B-
Public|Grades 9–12
521 E 35th St|1.44 Miles Away

Doolittle Elementary School

D
Public|Grades PK–8
535 E 35th St|1.48 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.51 Miles Away

Perspectives Charter - Iit Campus

C+
Public|Grades 6–12
3663 S Wabash Ave|1.53 Miles Away

St Therese School West

--
Private|Grades PK–8
2859 S Throop St|1.54 Miles Away

Jungman Elementary School

C+
Public|Grades PK–8
1746 S Miller St|1.57 Miles Away

Air Force Academy High School

B-
Public|Grades 9–12
3630 S Wells St|1.60 Miles Away

I. Wells Preparatory Elementary Academy

C+
Public|Grades KG–8
249 E 37th St|1.60 Miles Away

McClellan Elementary School

C+
Public|Grades PK–8
3527 S Wallace St|1.61 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.62 Miles Away

Armour Elementary School

B+
Public|Grades KG–8
950 W 33rd Pl|1.73 Miles Away

Holden Elementary School

B
Public|Grades PK–8
1104 W 31st St|1.75 Miles Away

Christ the King Lutheran School

--
Private|Grades PK–8
3701 S Lake Park A...|1.76 Miles Away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|1.77 Miles Away

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|1.79 Miles Away

Perez Elementary School

D+
Public|Grades PK–8
1241 W 19th St|1.80 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.82 Miles Away

St Procopius School

--
Private|Grades PK–8
1625 S Allport St|1.82 Miles Away

J. Smyth Elementary School

D
Public|Grades KG–8
1059 W 13th St|1.84 Miles Away

Bridgeport Catholic Academy

--
Private|Grades PK–8
3700 S Lowe Ave|1.86 Miles Away

St Ignatius College Preparatory

--
Private|Grades 9–12
1076 W Roosevelt R...|1.96 Miles Away

Transit

Located in South Loop / Near South Side, Motor Row Lofts is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Chicago. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1100 S Columbus (Pedestrian Underpass)

1.34 miles away|26 min walk

1440 S Indiana

0.87 miles away|17 min walk

18th St.

0.65 miles away|13 min walk

18th Street & Blue Island

1.97 miles away|38 min walk

18th Street & Carpenter

1.58 miles away|31 min walk

18th Street & Halsted

1.29 miles away|25 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in South Loop / Near South Side, Motor Row Lofts is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Chicago. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1100 S Columbus (Pedestrian Underpass)

1.34 miles away|26 min walk

1440 S Indiana

0.87 miles away|17 min walk

18th St.

0.65 miles away|13 min walk

18th Street & Blue Island

1.97 miles away|38 min walk

18th Street & Carpenter

1.58 miles away|31 min walk

18th Street & Halsted

1.29 miles away|25 min walk

18th Street & Peoria

1.36 miles away|27 min walk

18th Street & Racine

1.73 miles away|34 min walk

18th Street & Sangamon

1.43 miles away|28 min walk

18th Street & Throop

1.86 miles away|36 min walk

2300 S Halsted

1.15 miles away|22 min walk

25th Street & Michigan

0.22 miles away|5 min walk

26th Street & Indiana

0.32 miles away|7 min walk

26th Street & King Drive

0.44 miles away|9 min walk

26th Street & Normal

0.87 miles away|17 min walk

26th Street & Prairie

0.36 miles away|7 min walk

27th St.

0.69 miles away|14 min walk

2800 S King Drive

0.57 miles away|11 min walk

3000 S King Drive

0.76 miles away|15 min walk

3000 S Michigan

0.66 miles away|13 min walk

3000 S Wentworth

0.81 miles away|16 min walk

31st Street & Aberdeen

1.74 miles away|34 min walk

31st Street Beach

1.14 miles away|22 min walk

31st Street & Canal

1.07 miles away|21 min walk

31st Street & Giles

0.84 miles away|16 min walk

31st Street & Halsted

1.4 miles away|27 min walk

31st Street & King Drive

0.87 miles away|17 min walk

31st Street & Lituanica

1.52 miles away|30 min walk

31st Street & Lock

1.99 miles away|39 min walk

31st Street & Loomis

1.76 miles away|34 min walk

31st Street & Michigan

0.81 miles away|16 min walk

31st Street & Morgan

1.62 miles away|32 min walk

31st Street & Racine

1.83 miles away|35 min walk

31st Street & Rhodes

0.97 miles away|19 min walk

31st Street & Throop

1.51 miles away|29 min walk

31st Street & Union

1.31 miles away|26 min walk

31st Street & Wallace

1.22 miles away|24 min walk

31st Street & Wells

0.93 miles away|18 min walk

3200 S Wentworth

1.02 miles away|20 min walk

327 W Roosevelt

1.33 miles away|26 min walk

333 S Franklin Street (Chicago)

1.95 miles away|38 min walk

33rd Place & Cottage Grove

1.31 miles away|26 min walk

33rd Place & Rhodes

1.22 miles away|24 min walk

3400 S State

1.19 miles away|23 min walk

3403 S Wallace

1.49 miles away|29 min walk

3406 S Wallace

1.5 miles away|29 min walk

350 S. Clark Street (Chicago)

1.92 miles away|37 min walk

35-Bronzeville-IIT

1.27 miles away|25 min walk

35th-Bronzeville-IIT

1.27 miles away|25 min walk

35th St. - Lou Jones

1.32 miles away|26 min walk

The Neighbourhood: South Loop / Near South Side

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

Next

Neighbourhood Description

South Loop, part of Chicago’s vibrant Near South Side, offers a dynamic urban experience with a mix of historic and modern attractions. This neighborhood is home to the renowned Museum Campus, which includes the Field Museum, Shedd Aquarium, and Adler Planetarium. Residents enjoy diverse dining options, from local eateries to high-end restaurants, and ample shopping opportunities. The area provides a convenient lifestyle with easy access to public transportation, including multiple L train lines and proximity to major expressways. With its scenic views of Lake Michigan and Grant Park, South Loop caters to both families and professionals seeking an active city life.

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Motor Row Lofts Demographics

Age Demographics

0–14 Years

12.44%

15–29 Years

18.9%

30–44 Years

27.26%

45–59 Years

21.59%

60+ Years

19.82%

Commute

28.13%

Transit

4.38%

Walk

45.53%

Drive

3.28%

Bike

Housing Ownership

47.36%

Owner Occupied

52.64%

Rental Units

Household Types

Single Family
14.47%
Multi Family
2.06%
Single Person
52.39%
Multi Person
47.61%

Average Income

Household:$7,195,919.48 /yr

Individual:$5,664,170.29 /yr

Education

Bachelors Degree30.26%
High School College10.26%
Diploma2.35%
Post Graduate33.35%
Others23.77%
Next

Education

Diploma2.35%
Post Graduate33.35%
Others23.77%
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Huntley, Illinois 60142

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