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Loop

Community Area: Loop

Loop
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THE BASICS

The Loop: Not too long ago, Chicago's Loop was an area where people came to work or play, but not to live. That began to change in the 1990s as developers started constructing new high rises and repurposing existing office buildings for residential use. Now, homebuyers can find a wealth of housing options - as well as amenities to complement their daily lives - in the historical center of downtown Chicago, which is bounded on the west and north by the Chicago River, on the east by Lake Michigan and on the South by Congress Parkway.


In addition to luxury condominium buildings interspersed among office high rises, real estate in the Loop also is home to several large-scale mixed-use developments with a variety of housing types, from condominiums and town homes to row homes. These planned communities include amenities like grocery stores and schools that were previously unavailable in the Loop. Home prices in the area are high, reflecting the growing popularity of the Loop as a residential .


The Loop offers an unparalleled opportunity to live among the landmarks that define Chicago, from Grant Park, Millennium Park and Navy Pier to the Theatre District and the Art Institute. Loop residents also have a front row seat to Chicago's marquee events, such as the Taste of Chicago, the Air and Water Show and the Chicago Blues Festival. And they can easily sample downtown Chicago's plentiful fine dining and shopping.

MARKET REPORT

  • SNAPSHOT

Average sales price*

$482,939

Average days on market*

83

Number of properties on market

415

Sales price vs. list price*

98%

*Arrows indicate the last month's trend compared to the average of the previous 12 months.
All information deemed reliable, but not guaranteed.

THE DETAILS

  • Nearby
  • Schools
  • Transportation
  • Condo Buildings

NEARBY

Transportation

The 'L'

Brown - Adams/Wabash

Green - Adams/Wabash

Pink - Adams/Wabash

Orange - Adams/Wabash

Purple - Adams/Wabash

Blue - Clark/Lake

Brown - Clark/Lake

Green - Clark/Lake

Pink - Clark/Lake

Orange - Clark/Lake

Purple - Clark/Lake

Brown - Harold Washington Library

Pink - Harold Washington Library

Orange - Harold Washington Library

Purple - Harold Washington Library

Red - Harrison

Blue - Jackson

Red - Jackson

Red - Lake

Blue - LaSalle

Brown - LaSalle/Van Buren

Pink - LaSalle/Van Buren

Orange - LaSalle/Van Buren

Purple - LaSalle/Van Buren

Brown - Madison/Wabash

Green - Madison/Wabash

Pink - Madison/Wabash

Orange - Madison/Wabash

And 22 Others

METRA

Metra Electric Main Branch - Van Buren St Metra

Metra Electric Main Branch - 11th St Metra

Metra Electric Main Branch - Millenium Station

South Shore - Millenium Station

South Shore - Museum Campus/11th Street

South Shore - Van Buren Street

Data supplied by Journatic.com

Condo Buildings

Harbor Point

155 N. Harbor Drive

Millenium Park Lofts

20 N. State

Park Millenium

222 N. Columbus

Aqua

225 N. Columbus

Metropolitan Tower Condos

310 S. Michigan

340 on the Park

340 E. Randolph

Five North Wabash

5 N. Wabash

Six North Michigan

6 N. Michigan

The Park Monroe

65 E. Monroe

Joffrey Tower

8 E. Randolph

The Buckingham

360 E. Randolph

Outer East Drive

400 E. Randolph

Regatta at Lake Shore

420 E. Waterside

The Chandler Condo

450 E. Waterside

The Columbian

1160 S. Michigan

The Heritage

130 N. Garland

235 Van Buren

235 W. Van Buren

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Loop is a Community Area. Neighborhoods within this Community Area include The Loop and Near East Side.

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