Smaller, More Efficient Living Spaces Are Catching On Among Chicago Home Buyers & Renters
Posted by Leo Clark. on Tuesday, February 24th, 2015 at 9:04pm.
Whether you’ve been paying attention or not, smaller, more efficient living spaces are becoming increasingly significant around the United States, especially in larger, more expensive markets like New York, San Francisco, and even in parts of downtown Chicago.
You might have first become aware of this new U.S. housing trend from cable network FYI’s popular reality series Tiny House Nation, but since the show’s first episode aired back in the summer of last year, it seems more and more homebuyers are considering the option of having more financial freedom by limiting how much they spend of what’s usually the most costly expense to living—housing.
In areas that are more urban, like Chicago for example, building a “tiny house” really isn’t feasible due to a lack of space, or perhaps higher land values. So instead, home buyers and renters are turning to what are known as “micro apartments” to take advantage of lowering living expenses, and it’s even caught the eye of Curbed Chicago.
Although the apartment featured in yesterday’s Curbed article truly is following the “micro apartment” model, not everyone looking scale down their living situation has to opt for a tiny, 300 square-foot space. Dozens of options occupy a place on the Chicago real estate market that have 500 ft.² or below, and if you’re looking to both save on the price of a new condo, as well as all the expenses that go along with it, you might just find exactly what it is you’re looking for by taking a closer look at some of the featured MLS listings in downtown Chicago below:
Affordable, Efficient Living Spaces Currently For Sale in Downtown Chicago
211 East Ohio Street 1712
$239,000
- 1 Beds
- 1 Baths
Newly Updated South Facing Jr. 1 Bedroom In The Highly Desirable Streeterville. Updates Include N...
211 East Ohio Street 2817
$239,000
- 1 Beds
- 1 Baths
This Stunning, Updated Unit Offers The Epitome Of Downtown Living, Boasting A Bright And Freshly ...
208 West Washington Street 504
$245,000
- 1 Beds
- 1 Baths
Incredible Opportunity To Own A Corner One Bedroom Condo With Hi-ceilings, In Fabulous Loop Build...
910 North Lake Shore Drive 516
$249,000
- 1 Beds
- 1 Baths
Open And Bright Large 1 Br Corner Unit In Iconic Miles Van Der Rohe Building. Entry Foyer Leads T...
300 North State Street 4904
$249,000
- 1 Baths
- 500 SqFt
Just Completed High End Gut Rehab Of A Desirable West Tower Studio In Iconic Marina City. No Ex...
195 North Harbor Drive 907
$249,900
- 1 Beds
- 1 Baths
Wonderful Unit In The Park Shore Condominiums!! This 1 Bedroom, 1 Bathroom Features An Open Conce...
900 North Lake Shore Drive 514
$250,000
- 1 Baths
- 500 SqFt
100% Lake View For This Totally Renovated Studio In The Coveted 14 Tier. Totally Redone In 2013. ...
348 West Wendell Street 1
$250,000
- 1 Beds
- 1 Baths
Charming 1 Bed 1 Bath Condo In The Vibrant Near North Side Neighborhood! Sunny Living Room With 9...
900 South Wabash Avenue 604
$250,000
- 1 Beds
- 1 Baths
Beautifully Charming Rehabbed Timber Loft Condo. Modern Cabinets With Quartz Counter Tops, Glas...
33 West Delaware Place 9f
$254,900
- 1 Beds
- 1 Baths
The Search Ends Here! Welcome Home To Delaware On The Park. This High End, Professionally Managed...
545 North Dearborn Street 2605
$255,000
- 1 Baths
Live In The Heart Of River North In This Move In Ready Convertible Condo! Modern Kitchen Includes...
1212 North Lasalle Street 707
$255,000
- 1 Beds
- 1 Baths
Gorgeous Skyline Views From This South-facing, Light Filled 1 Bedroom Condo At The Lasalle Privat...
300 North State Street 4606
$260,000
- 1 Beds
- 1 Baths
Welcome Home To Marina City Towers! This 1 Bed 1 Bath Condo In The West Town Has Incredible City ...
300 North State Street 4705
$260,000
- 1 Beds
- 1 Baths
Welcome Home To Marina City Towers! This 1 Bed 1 Bath Condo In The West Town Has Incredible City ...
600 South Dearborn Street 209
$262,500
- 1 Beds
- 1 Baths
Welcome Home To Historic And Charming Printer's Row And The Transportation Building! This Rarely ...
225 West Huron Street 509
$264,900
- 1 Beds
- 1 Baths
This Unit Is Currently Has Rental Status, So The Buyer Will Be Grandfathered In Only If They Cont...
211 East Ohio Street 1822
$265,000
- 1 Beds
- 1 Baths
Investor Friendly! Owner Financing Option Is Available! This One Bedrooms Is Fully Remodeled With...
401 East Ontario Street 3206
$275,000
- 1 Beds
- 1 Baths
Completely, Upgraded, Sunny, Spacious, South Facing One Bedroom. The Kitchen Features Cherrywood ...
100 East Walton Street 15b
$279,900
- 1 Beds
- 1 Baths
Totally Renovated Spacious 1 Bedroom/ 1 Bath Condo With In-unit Laundry In Desirable Full Amenity...
437 West Division Street 412
$280,000
- 1 Beds
- 1 Baths
This 1-bedroom, 1-bath Condo With Office Located In The Heart Of Historic Old Town Offers A Range...
100 East Walton Street 19f
$285,000
- 1 Beds
- 1 Baths
Enjoy True City Living In This Beautifully Remodeled 1br Condo In The Heart Of Gold Coast. Contem...
1133 South State Street B406
$285,000
- 1 Beds
- 1 Baths
Welcome Home To This Rare Opportunity To Call This Stunning 1 Bed + Den With Massive Patio In A P...
700 North Larrabee Street 805
$289,900
- 1 Beds
- 1 Baths
Perfectly Located River North 1bed/1bath Condo At River Place On The Park! The Entertainment Fri...
225 West Huron Street 420
$289,900
- 1 Beds
- 1 Baths
Experience Urban Living At Its Finest In This Stylish Timber Loft Located In The Heart Of River N...
226 North Clinton Street 313
$290,000
- 1 Beds
- 1 Baths
Step Into Luxury Living In The Heart Of Chicago's Vibrant West Loop With This Exquisite 1 Bedroom...
849 North Franklin Street 1006
$290,000
- 1 Beds
- 1 Baths
Bright, Airy, And Open 1 Bedroom Home At The Coveted Parc Chestnut. This Adorable Loft Style Home...
849 North Franklin Street 1220
$299,000
- 1 Beds
- 1 Baths
Here's What You've Been Looking For!!! Sharp Soft Loft With Abundant Light, Great Southern Exposu...
14 North Sangamon Street 206
$299,000
- 1 Beds
- 1 Baths
Spacious And Bright 1 Bed / 1 Bath Condo In The Heart Of The West Loop! This Corner Unit Receives...
900 North Kingsbury Street 1004
$299,900
- 1 Beds
- 1 Baths
Beautiful Loft Facing West! One Bedroom, 1 Bath With A Large Balcony Right On The River! Beau...
888 South Michigan Avenue 702
$299,999
- 1 Beds
- 1 Baths
This Remarkable Home Is A True Gem! With A Staggering $140,000 Investment By The Previous Owners ...