Dan Seiffert SVP, Accounting | realtors.com
In Chicago, former corner stores and shops are being transformed into unique residential properties. These converted spaces are gaining attention for their vintage charm and open layouts, offering an alternative to traditional homes. Despite having unusual angles and entrances close to the curb, owners appreciate the character these homes bring.
Architect Matt Nardella and his wife, designer Laura Cripe, bought a 6,000-square-foot abandoned store in Logan Square for $550,000 in 2016. The building needed extensive renovations costing $350,000 over six months. "It was generous to call it a grocery store; by that time it was more of a liquor store that sat empty for years," Nardella remarked. Their home now serves multiple purposes including office space for their firm Moss Design and living quarters.
Another example is Joey Sabani's purchase of a former butcher shop in Wicker Park for $1.24 million in 2022. Sabani and his wife undertook a yearlong renovation costing $1 million. They retained original elements like green tiles while adding modern features such as an exterior spiral staircase.
Urban planner Asher Kohn notes many original stores were built before World War II on residential streets near historic boulevards. Post-1950s depopulation led to conversions from commercial spaces to residences. Real-estate agent Vincent Anzalone states that buyers today value open spaces and high ceilings found in these conversions.
Ken Lunsford bought an 1880s Bucktown home that was once a candy store for nearly $700,000 in 2017. He appreciated its exposed brick walls suitable for his art collection and plans further enhancements like a roof deck on the garage.
Nardella and Cripe continue their project by transforming the building's old walk-in cooler into a wine cellar: "It was the worst part of the building," Nardella says.
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