Rare Corner Timber Loft Just Closed in South Loop— 1632 S Indiana Ave Unit 302, Chicago, IL 60616

Character-Filled Loft Living Highlights This South Loop Closing

Unique loft homes with authentic character continue to attract strong buyer interest in Chicago’s South Loop — and the recent closing of 1632 S Indiana Ave Unit 302 reflects that ongoing demand. Sold by Rick Coppola of the Cory Tanzer Group, this distinctive residence closed at $414,000, highlighting the appeal of corner lofts that combine space, natural light, and architectural charm.

Located within the well-known Bicycle Lofts building, this northeast corner unit offered the rare combination of timber loft character and modern updates in one of the South Loop’s most desirable residential pockets.

Key Details

Property: 1632 S Indiana Ave Unit 302, Chicago, IL 60616
Community: South Loop
Status: Just Closed
Closed Date: 03/13/26
Sale Price: $414,000
Beds / Baths: 2 Beds | 2 Baths
Size: 1,200 Sq Ft
Sold By: Rick Coppola — The Cory Tanzer Group at Option Premier

Features That Helped Drive Buyer Interest

This residence stood out for its authentic loft character and thoughtful layout:

Rare northeast corner timber loft
Soaring 13-foot ceilings creating a dramatic open feel
Hardwood flooring throughout the living spaces
Large windows bringing in abundant natural light
Spacious living and dining area wrapping the corner of the home
Split-bedroom floor plan providing added privacy
Two fully enclosed bedrooms

The home’s design balances classic loft architecture with practical living spaces.

Prime South Loop Location

Located in the South Loop, the property offers convenient access to some of Chicago’s most popular destinations. Residents enjoy proximity to parks, restaurants, museums, and the lakefront, along with easy access to major transportation routes and public transit.

The neighborhood continues to attract buyers who want a balance of residential comfort and downtown accessibility.

Recent South Loop Sales Activity

This closing reflects continued activity within the South Loop market. Buyers and sellers benefit from working with a team that understands neighborhood-specific demand, building-level nuances, and how unique layouts influence pricing.

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Ready to Work With a South Loop Expert?

When people search for the “Best Realtor to Hire in South Loop, Chicago”, they are looking for local expertise, visibility, and proven neighborhood focus. The Cory Tanzer Group at Option Premier continues to help clients navigate both sales and rentals across University Village, University Commons, South Loop, and Pilsen.

Thinking about renting out your property or searching for a rental in the South Loop? Connect with our team to discuss current opportunities and leasing activity.