In Search of a Pied-a-terre in the Loop

Chicago Loop High RisesYesterday I showed studio and one bedroom condos in the Loop and South Loop. An executive who has a home in the northwest suburbs wants a pied-a-terre (a small second home in the city) for when she works late or wants to enjoy a weekend in the city.

According to Wikipedia.Org, pied-a-terre is French for “foot on the ground”. Read more at Wikipedia.Org for how pied-a-terre came to mean a small second home in the city. The pronunciation is pee-ay-duh-TAIR.

Most studio condos in the Loop are priced between $180K and $300K. Luxury studios can run almost $700K. Most 0ne bedroom condos are priced between $200K and $400K. Luxury one bedroom condos can run almost $1 million.

I took the photo on the left right before we started our showings. The high rises are on East Randolph.

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ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773-793-4516. Learn More