Loop

Community Area: 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, 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.





Nearby Public Transportation

CTA Rail

at Adams/Wabash, Clark/Lake, Clinton, Grand, Harold Washington Library, Harrison, Jackson, Lake, LaSalle, LaSalle/Van Buren, Madison/Wabash, Merchandise Mart, Monroe, Quincy, Randolph/Wabash, Roosevelt, State/Lake, Washington, Washington/Wells

Metra
Milwaukee District West, Milwaukee District North, Rock Island District, Metra Electric Main Branch, Union Pacific West, Union Pacific North, Union Pacific Northwest, North Central Service, BNSF Railway, Heritage Corridor, Southwest Service, South Shore

at Ogilvie Transportation, Union Station, Chicago LaSalle St Metra, Van Buren St Metra, 11th St Metra, Ogilvie Transportation Center, Millenium Station, Museum Campus/11th Street, Van Buren Street



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 Legacy at Millenium Park
60 E. Monroe

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


Click on the market snapshot below to view detailed market trends


Average Sales Price

$551,841

Average Days on Market

99

Sales Prices vs. List Price

96%


Data represents the community area's average over the past 12 months. All information deemed reliable, but not guaranteed.




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News via DNAInfo