South Loop

Community Area: Near South Side

We would call the South Loop a boomtown – but that would be an understatement.

Chicago's original Gold Coast in the late 19th century, the South Loop was once home to the likes of Marshall Field, George Pullman and Philip Armour. Today the vibrant neighborhood is known for its access to the lakefront, shops, restaurants, parks, Museum Campus and The Loop. The area continues to evolve and is in the midst of a major transformation, with residential construction booming.

Large developments planned and underway include mixed-use projects along the Chicago River and a number of supertall skyscrapers including 1000M – a 74-story luxury condominium tower designed by Helmut Jahn. Meanwhile, several apartment buildings are under construction, bringing thousands of new rental units to the neighborhood.

Existing homes offer more choices, from high-rises and mid-rises to townhomes and single-family homes. Buyers can also find unique loft conversions in areas like Printer’s Row.

The South Loop’s housing boom has brought with it an influx of retailers along with eateries and nightlife on South Michigan Avenue. The Roosevelt Collection is a popular destination featuring a movie theater and an assortment of retailers.

Museum Campus is the cultural and educational hub of the South Loop and features a collection of attractions including the Field Museum, Shedd Aquarium, Adler Planetarium and Soldier Field. Residents also enjoy being in close proximity to Northerly Island and public transportation including the CTA’s Roosevelt station.






Nearby Public Transportation

CTA Rail

at Cermak/Chinatown, Clinton, Harold Washington Library, Harrison, Jackson, LaSalle, LaSalle/Van Buren, Quincy, Roosevelt

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

at Union Station, Chicago LaSalle St Metra, Van Buren St Metra, 11th St Metra, 18th St Metra, McCormick Place Metra, 27th St Metra, McCormick Place, Museum Campus/11th Street, Van Buren Street




Click on the market snapshot below to view detailed market trends


Average Sales Price

$499,951

Average Days on Market

74

Sales Prices vs. List Price

99%


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