It’s been a while since we pulled out the old Field Guide for a humorous look at some of the different types of Chicago apartments. Last summer I gave you an overview of garden apartments and coach houses. Today we’re going to look at another common species of apartment with many quirks: the studio. As the economy starts to recover, many renters who have paired up with roommates through the recession will be able to move out on their own again. Studios, designed for single occupants, will be their next logical stop.
Unlike the previous two species we studied in the Field Guide, the studio apartment (apartmentus minisculus ecubiculus) cannot be found throughout Chicago. In fact, their territory is quite constricted. Studios can only be spotted in areas that currently attract large numbers of single residents, or in areas that attracted them in the past. They tend to flock together in high rise buildings along the lakefront and close to major transit hubs. Their slow appreciation makes them of little interest to condo developers. The ones that exist inland are usually converted from former hotels or clustered around college campuses and hospitals. (more…)