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Elgin Artspace Lofts

Love Where You Live

51 South Spring Street Elgin, IL, 60120

Overview

Like many railroad communities in Chicagoland in recent years, Elgin has been working hard to preserve and enhance its downtown, with the arts as part of the overall plan. When City officials were introduced to Artspace at an Illinois Main Street Conference, they asked Artspace to help them achieve their goals. 

The result is the Elgin Artspace Lofts, a $15.2 million mixed-use project that offers 55 units of affordable live/work space for artists and their families plus 5,874 square feet of retail and community space for arts-friendly businesses and nonprofit organizations. The former historic Sears structure, previously occupied by Elgin Community College, has been completely renovated and linked to a new addition. 

The City of Elgin and the Elgin arts community were the driving forces behind the project, working with Artspace to plan and develop the property. Elgin’s residents and civic leaders believed that permanently affordable spaces for artists could strengthen an emerging arts and culture cluster in downtown Elgin, serve as a catalyst for continued development, bring vibrancy and activity to the street and increase the number of individuals and families living and working downtown. 

Architect: BKV Group

Contractor: Shales McNutt Constuction

Funders: American NTN Bearing Manufacturing Co.; Bank of America Foundation; Baxter and Woodman, Inc.; BMO Harris Bank; Charles H. Burnidge, BCA Architectural Firm; Commonwealth Edison Co.; Educational Foundation of America; City of Elgin; Enterprise Community Partners, Inc.; Florence B. & Cornelia A. Palmer Foundation; IHC Construction Companies Nicor Gas; Otto Engineering; Sanfilippo Foundation; Seigle Family Foundation; Shales McNutt Construction; Sherman Health; Brian Ziegler 

Financial Partners: Bank of America Merrill Lynch; City of Elgin; Fallbrook Credit Finance; Federal Home Loan Bank- AHP; Illinois Housing Development Authority; Kane County

est. 2012

Type of Development:

Live/Work Artist Housing

Number of Units:

55

Total Square Footage:

80,889

Community Space Sq. Ft.:

5,874

Total Project Cost:

$15.2M

Features:

Large windows; Rooftop deck; Resident gallery; Street and covered parking nearby; Interior courtyard and tot-lot for kids; Near public transportation; Minimum 10' ceilings; Concrete floors; In-unit washer/dryer; Track lighting; Modern plumbing fixtures; Sleek black kitchen appliances; Near several bus lines and the Metra train to restaurants, parks, community center and library.