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Bicycle Station Lofts

Bicycle Station Lofts

Bicycle Station Lofts
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

1632 S Indiana Ave
Chicago, IL 60616-1387
53 Units
6 Stories
1907 Year Built
$140K - $538K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Fitness Center
  • Elevator
  • Open Floorplan
  • Balcony
  • Resident Manager or Management On Site
  • 3 min walk to Fred Anderson Park

Historic loft living in the heart of Chicago's South Loop

Bicycle Station Lofts, a distinctive 6-story building in Chicago's vibrant Central Station neighborhood, offers a unique blend of historic charm and modern urban living. Completed in 1907, this former bicycle factory has been thoughtfully converted into 53 loft-style condominiums. The building stands as a testament to the area's industrial past while providing residents with contemporary comforts. Its prime location puts residents within easy reach of Chicago's cultural landmarks, green spaces, and bustling city life, making it an ideal home for those seeking an authentic urban experience.

Spacious lofts with soaring ceilings and industrial character

Bicycle Station Lofts offers a range of living spaces to suit various needs and preferences. The building features 1 to 3-bedroom layouts, with units ranging from 750 to 2,400 square feet. One-bedroom units, starting at 750 square feet with one bathroom, are available from $247,000 to $320,000. Two-bedroom units, spanning 1,100 to 1,300 square feet with two bathrooms, are priced between $359,900 and $396,000. The most expansive offerings are the three-bedroom units, approximately 2,400 square feet with two and a half bathrooms, priced around $540,000. These lofts showcase the building's industrial heritage with exposed brick walls, timber beams, and soaring ceilings up to 20 feet high. Many units feature expansive windows that flood the spaces with natural light and offer views of the city skyline or nearby parks. Hardwood floors add warmth to the industrial aesthetic, while updated kitchens boast modern amenities such as stainless steel appliances, granite countertops, and islands perfect for entertaining. Some units include cozy gas fireplaces, adding a touch of comfort to the urban loft experience. Private balconies in select apartments provide outdoor space for relaxation or al fresco dining. In-unit laundry facilities, central heat and air conditioning, and ample storage solutions, including walk-in closets and pantries, cater to modern living needs. Monthly HOA fees range from $300 to $400, covering water, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger services, and snow removal, ensuring a worry-free living experience for residents.

Convenient amenities for an active urban lifestyle

Bicycle Station Lofts offers a range of amenities designed to enhance the urban living experience. The building features a well-equipped fitness center, allowing residents to maintain their workout routines without leaving home. A dedicated bike room caters to cycling enthusiasts, reflecting the building's historical connection to bicycles and the neighborhood's bike-friendly nature. Security is a priority at Bicycle Station Lofts, with a secured entry system and elevator access providing peace of mind for residents. The building is served by an elevator, ensuring convenient access to all floors. For those who appreciate outdoor living, some units come with private balconies, offering personal spaces to enjoy fresh air and city views. Storage solutions are plentiful, with individual storage lockers available to residents, helping to maximize living spaces within the units. The building's location in the heart of the South Loop means that residents are just steps away from an array of urban amenities, including parks, restaurants, and cultural attractions, effectively extending the building's amenities into the vibrant neighborhood beyond its walls.

A dynamic urban enclave rich in culture and convenience

Bicycle Station Lofts is situated in the Central Station neighborhood, a vibrant part of Chicago's South Loop that seamlessly blends historic charm with modern urban living. This area, once a warehouse district, has undergone significant redevelopment to become a sought-after residential destination. The neighborhood is a paradise for outdoor enthusiasts and sports fans alike. Grant Park, often referred to as "Chicago's front yard," is just a short walk away, offering vast green spaces, walking trails, and hosting numerous city events throughout the year. Nearby, the Museum Campus is home to world-class institutions including the Field Museum, Shedd Aquarium, and Adler Planetarium. Sports lovers will appreciate the proximity to Soldier Field, home of the Chicago Bears, less than a mile from the building. For everyday needs, residents have easy access to a variety of shopping options. Mariano's, a popular upscale grocery store, is within walking distance, while the Roosevelt Collection Shops, an open-air mall featuring popular retailers and a movie theater, is about a mile away. The South Loop Market on Michigan Avenue, just a five-minute walk from the building, offers a convenient spot for quick grocery runs. Dining options in the area cater to diverse tastes. The neighborhood boasts a mix of trendy eateries and long-standing local favorites, ensuring residents always have new culinary experiences to explore. Dog owners will appreciate the abundance of nearby green spaces, including the Prairie Street dog park and Fred Anderson Park, both within easy walking distance. These parks provide ample opportunities for pets to exercise and socialize. The area's rich cultural offerings extend beyond the Museum Campus. The neighborhood's proximity to downtown Chicago contributes to a dynamic atmosphere, with various cultural events and attractions peppered throughout the area.

Well-connected hub with multiple transit options

Bicycle Station Lofts benefits from its strategic location in a highly accessible part of Chicago. The building's excellent transit options make it easy for residents to navigate the city, whether for work or leisure. Public transportation is abundant and varied. The Roosevelt Station, serving the Green, Orange, and Red Lines of Chicago's famous "L" train system, is about a 15-minute walk from the building. This station provides quick access to downtown Chicago, as well as connections to other parts of the city. For those preferring bus travel, several stops are located within a five-minute walk of the building. The Indiana & 16th Street stop, less than a quarter-mile away, serves the Roosevelt line, while the Michigan & 16th Street stop offers access to multiple lines including the Bronzeville/Union Station, Cottage Grove, and King Drive routes. Commuters who rely on regional rail will appreciate the proximity to the 18th Street Metra Station, about a 10-minute walk away. This station serves the Metra Electric Line, providing convenient access to the southern suburbs and downtown Chicago. For those venturing further afield, both of Chicago's major airports are easily accessible. Chicago Midway International Airport is about a 15-minute drive, while Chicago O'Hare International Airport can be reached in approximately 30 minutes by car. The neighborhood's high walk score reflects its pedestrian-friendly nature, with many daily errands easily accomplished on foot. Cyclists will find the area accommodating, with numerous bike lanes and the nearby Lakefront Trail offering scenic routes for both commuting and leisure rides. For residents who prefer to drive, the building's location provides easy access to major thoroughfares. South Michigan Avenue and East Roosevelt Road are the main arteries of the neighborhood, connecting to South Lake Shore Drive and offering routes to other parts of the city and beyond. This wealth of transportation options ensures that residents of Bicycle Station Lofts can easily explore all that Chicago has to offer, whether they're commuting to work, heading to the lakefront for recreation, or venturing out to discover new parts of the city.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Amenities

  • Community Storage Space
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 Parking Garage Space Per Unit
  • 1 Open Parking Space Per Unit
  • 1 Open Parking Space
  • 1 Car Garage
  • On-Site Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Pet Policy

  • Dogs and Cats Allowed

Condo Association

  • $485 Monthly HOA Fees
  • Monthly HOA Fees Range from $260 - $485
  • Association fees include water, parking, insurance, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • Youmika Bryant Association, Phone Number (312) 379-0400
  • Bicycle Station Lofts Subdivision
  • Property managed by Forth Group

Building Design

  • Elevator
  • High-Rise Condominium

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information

Unit
304
502
506
608
Beds
1 Bed
2 Beds
1 Bed
2 Beds
Baths
1 Bath
2 Baths
1 Bath
2 Baths
Sq Ft
--
1,300
800
1,100
Price
$254,900
$459,999
$242,000
$455,000
Price / Sq Ft
--
$354 / Sq Ft
$303 / Sq Ft
$414 / Sq Ft
List Date
04/15/2025
03/01/2025
04/04/2025
04/17/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$139,841 - $401,831
1 Bedroom Units
Sq Ft Range
800 - 1,100
Est. Values
$252,003 - $375,700
2 Bedroom Units
Sq Ft Range
1,100 - 1,300
Est. Values
$243,767 - $499,059
3 Bedroom Units
Sq Ft Range
None Available
Est. Values
$537,846
All Units
Sq Ft Range
800 - 1,300
Est. Values
$139,841 - $537,846

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Biker's Paradise

Bike Score®

90 / 100

Walker's Paradise

Walk Score®

92 / 100

Excellent Transit

Transit Score®

82 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

70 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$998 - $42K
Range of Taxes in Building
$151 - $8,225
Range of Taxes per Sq Ft
$0.22 - $7.46

Property Tax History

Source: Public Records

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