South Loop Real Estate

south-loop-bwSearching for real estate in Chicago’s South Loop? You’re not alone! The South Loop is one of Chicago’s fastest growing neighborhoods, and for good reason!

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

West Loop | The Little Italy & University Village | Pilsen | Printer’s Row

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

Zillow Home Value Index: $283,700

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $283,700 $226,800
Median Single Family Home Value $627,100 $226,300
Median Condo Value $276,300 $235,200
Median 2-Bedroom Home Value $441,800 $174,600
Median 3-Bedroom Home Value $746,600 $219,900
Median 4-Bedroom Home Value $905,900 $348,700
Percent Homes Decreasing 577 2,736,531
Median List Price Per Sq Ft $305 $140
Median Sale Price $340,000 $234,900
Property Tax 577 2,736,531
Turnover (Sold Within Last Yr.) 577 2,736,531
1-Yr. Change -2.4% 5.4%

I’m often asked, “Who is your go-to handyman?" "Help, I need a plumber at 1am!" Where can I find a great home cook for my party?” "Where do I buy a fab bottle of bubbly for my special someone?" After 30 years in the business, I’ve gathered quite a list! That’s why I created my Little Black Book–a comprehensive, 80 page guide of my most trusted vendors, service providers, and partners in Chicago.

You can get access to a downloadable flip-book - just pop in your information below, and we will redirect you to that secret, special page.

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Q: There are so many neighborhoods to choose from, how do I know which neighborhood is best for me?
A: I suggest to clients that they make a list of what they want their day to day life to look like. That list might include things like: easy access to public transportation; ½ mile from the the lake; tree-lined streets with mostly single family homes; close to bars and restaurants; top level public elementary school; trendy, up and coming… start big, winnow down and prioritize. I also suggest that clients look at a few places in several neighborhoods to get an understanding of what each neighborhood offers. It’s all about options, choices and priorities.
If you’d like to know more about South Loop or scope out other neighborhoods in Chicago with a top buyer’s agent, let’s chat! You can also scroll down to see current South Loop real estate listings. I look forward to hearing from you! Let’s find your dream home, shall we?
Q: Should I work with a real estate agent?
A: Yes, there are several benefits to working with a real estate agent, especially an experienced top drawer agent. Not only will she be able to give you an accurate value assessment for the property you fall in love with, you’ll likely get a better deal if she is a bear in negotiations. And your agent will advocate for your best interests throughout the transaction. You may also get access to properties not yet actively listed – which is especially important in a hot real estate market such as Chicago! Additionally, when working with an agent, you don’t just get access to her expertise – you get access to her entire network of advisors, lenders, contractors, and more.
Looking to sell your home in South Loop? Call me to talk about how the #1 brokerage firm in Chicago, and one of its top listing agents (me!), can help you stage, price, market and sell your home for maximum value. It's never too soon to begin; preparation to list time can range from 14 to 120+ days, depending on how many closets there are to purge.
Call Debra at (312) 307-4909

Listings in South Loop