With close proximity to the Loop, residents of the South Loop enjoy easy access to Grant Park, the lakefront path, as well as quick and easy public transportation and access to Illinois’ biggest roadways. The South Loop is also a hop, skip and a jump away from plenty of nearby amenities, such Trader Joe’s, Mariano’s, Target, and the popular Icon Theatre–one of the best spots to catch a movie in the city.
So, what type of real estate will you find in the South Loop? Much of it has been built and renovated over the past 25 years, but that doesn’t mean it’s lacking in charm–nestled among the new construction high-rise buildings are dozens of converted lofts and warehouses, historic townhomes, and even a handful of single family homes.
Real estate prices in this area are (unsurprisingly) high, reflecting the growing popularity of the Loop as a residential destination. Condos in the South Loop in particular have been the hot selling real estate option among Loop workers who are happy to walk to work, and empty nesters moving back from the suburbs.
If you’re searching for a realtor who can help you navigate the various real estate options offered in Chicago’s South Loop neighborhood, I’d love to help! You can search current South Loop real estate listings below. Give me a call today, and let’s get on the hunt for that dream home of yours, shall we?
For information on real estate close to South Loop see these links below
Buying your first home? Click here for great tips and to find out Debra’s answers to the top four most common questions she receives from first time homebuyers.
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$293,300||$215,600|
|Median Single Family Home Value||$611,100||$214,600|
|Median Condo Value||$287,500||$227,200|
|Median 2-Bedroom Home Value||$452,000||$165,100|
|Median 3-Bedroom Home Value||$697,600||$207,000|
|Median 4-Bedroom Home Value||$864,100||$336,200|
|Percent Homes Decreasing||39.1%||23.4%|
|Median List Price Per Sq Ft||$300||$134|
|Median Sale Price||$359,000||$238,700|
|Turnover (Sold Within Last Yr.)||2.4%||2.9%|
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