The Van Buren Lofts located at 1224 W. Van Buren in the West Loop currently features new pricing where grand opening prices start at $189,900 and some lofts are nearly $95,000 less than the original asking price, according to a press release from Taylor Johnson.

1224 W. Van Buren

“Compared to other new-construction or rehabbed loft buildings in this area, Van Buren Lofts is by far the best value in the West Loop with prices that are unbelievably below current market rates,” said Christine Lutz, senior vice president of Garrison Partners, according to the press release from Taylor Johnson. Garrison Partners is managing the sales and marketing for the lofts while Foxford LLC owns the building. “The building is stable, and current residents are happy with the changes and expressed commitment to the property,” added Lutz.

Cindy Killinger, senior sales manager at Van Buren Lofts, said that one of the loft’s primary advantages is the number of neighborhood conveniences. The location of the building is close to Interstate 290 and the blue line stop on Racine, according to the press release from Taylor Johnson.

One-bedroom-plus-den lofts range from 900 to 1,106 square feet and are priced from $189,900, while two-bedroom lofts range from 1,043 to 1,360 square feet and are priced from $229,900, according to the press release. Furthermore, residents would have access to a garage that is attached to the building and a doorman will be on duty to receive packages and announce guests, according to the press release from Taylor Johnson. A limited release of selected lofts will be available with special pricing for immediate move-in, according to Killinger.

Every residence features 10 to 12-foot concrete ceilings, exposed ductwork and concrete columns, and four-inch wide wood floor planks in the living and dining areas, according to the press release from Taylor Johnson.

The building itself is eights stories and has seen many uses since its construction. Originally, the building was used as a paper mill until it was occupied by the True Value Corporation. The complex was finally turned into a loft development in 2007.