SOUTH LOOP
The South Loop is a vibrant and rapidly changing neighborhood in Chicago's downtown area. Previously, the area was home to warehouses and rail yards, and it even had a shady reputation. However, exciting new residential and commercial development has made it a trendsetting hotspot. It is now densely packed with converted warehouses and high-rises with views of Lake Michigan. Because of its proximity to the Loop, the neighborhood is popular among young professionals as well as students attending the area's numerous universities.
Commute Times
The Loop by train, by car
Merchandise Mart by train, by car
Union Station by train, by car
Millennium Park by train, by car
12m
4m
27m
7m
19m
5m
15m
5m
Boundaries
East to West - Wabash Avenue to State Street
North to South -Lake Street to Ida B. Wells Drive
Nearby Neighborhoods - Greektown, Chinatown, and The Loop
Closed Prices:
$110,000 to $1,837,500
Median Sale Price:
$363,000
Average $ per sq ft:
$322
Association Fee Ranges:
$0 to $39099/mo, $0 to $681, $320/quarter
Square Footage:
527 to 6000 Sq. Ft.
Type:
Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home
Year Built:
Current Prices:
$148,000 to $2,250,000
Quick Facts
Bedrooms:
Bathrooms:
0 to 6 Bedrooms
1 to 6 Bathrooms
1883 to 2023
THE NEIGHBORS
Because of its proximity to the Loop, the neighborhood is popular among young professionals as well as students attending the area's numerous universities.
WHAT TO EXPECT
A growing population of young professionals as well as students and families.
A microcosm of the bustling city that is Chicago.
Almost everything is nearby, from shopping to dining to world-famous museums, attracting a crowd of professionals drawn to the neighborhood because of its proximity to the business district.
THE LIFESTYLE
Trendy urban living in the heart of the city.
The South Loop provides a fun and vibrant lifestyle for its residents, and it has become especially appealing to young people. Because of its proximity to the Loop, McCormick Place, and the Museum Campus, there is always something to do. Many of the residents live in new high-rise buildings with breathtaking views of Lake Michigan.
UNEXPECTED APPEAL
An unrivaled vantage point to the city.
The South Loop is known for its skyscrapers, and the views are unbeatable. South Loop condos have unrivaled views of the city, with the Willis Tower to the north and Lake Michigan to the east. Living near Michigan Avenue brings you closer to the crowds, whereas living just south of Roosevelt Road brings you closer to the peace and quiet.
THE MARKET
Residents have more price points to fit their situation.
The South Loop offers a broader range of home styles in a wider range of environments. The more industrial southern end of the neighborhood provides more flexibility for first-time homebuyers, whereas homes in the northern end of the neighborhood—closer to the Loop—fetch higher prices but remain affordable in comparison to other Downtown neighborhoods.
YOU'LL FALL IN LOVE WITH
Access with some of the best museums in the country.
South Loop is directly adjacent to Chicago's Museum Campus, which houses some of the country's best museums. The Field Museum, the Shedd Aquarium, and the Adler Planetarium are among them.
Outdoor enthusiasts can also visit Northerly Island Park, which has a beach and access to local walking and biking trails. Soldier Field, home of the Chicago Bears, is also located in the South Loop. History buffs will enjoy visiting the Henry B. Clarke House, which is Chicago's oldest surviving home and is located in the heart of the South Loop.
TRANSPORTATION
There are generally only two directions from the South Loop: north or south. There are two Red Line stations, which take you either north to the Loop or south to Chinatown and beyond in a matter of minutes. The Green Line also goes south to Harlem and west to the Oak Park suburb, while the Orange Line goes north to the Loop and southwest to Midway Airport. Further south, two bus lines will take you west to Chinatown or Pilsen. South Loop traffic is generally friendlier to drivers than in other parts of Downtown, but the neighborhood retains an urban, walkable feel.
ANNUAL FESTIVAL
Printers Row Lit Fest
Over the years, the event has grown to become the largest Midwest book festival, with some remarkable statistics: over 20 million visitors have attended the event, hundreds of authors have spoken, and millions of books have made their way onto the shelves of eager readers.