West Loop Real Estate

west-loop-chixago-ilSearching for West Loop real estate? You’re not alone – this is one of the hottest neighborhoods in the city of Chicago!

New West Loop condo developments have become more sophisticated in recent years, both in terms of architecture and amenities–a reflection of the neighborhood’s escalating “it” factor.

The real estate of the West Loop is perhaps best known for the many converted loft spaces that were transformed from commercial and warehouse buildings. These industrial buildings have also been joined over the past three decades by mid- and high-rise condominiums and small to midsize townhouse developments, many displaying the glass and steel industrial-chic vibe that defines the West Loop’s signature style. A few select single family homes can be found dispersed throughout the area as well.

The last decade and a half has seen a steep increase in West Loop real estate prices, however, you can still get more “bang for your buck” here than in many other near-downtown neighborhoods. Condominiums in the West Loop are among the most common type of home, and can range between $200,000 and the $1MM range, however the median condominium price now stands at around $300,000. On the flip side, average prices of single-family homes have reached pre-recession levels, currently hovering at $1.3 Million. The arrival of Google’s headquarters in the neighborhood also has many speculating that new demand will push these prices up even higher.

If you’d like to know more about real estate and lifestyle in Chicago’s West Loop, I’d love to chat with you! I started my real estate career in Chicago selling loft condos in the West Loop and bought my first condo – a tricked out loft at 411 Sangamon – back in 1984!. You can also scroll down to see current West Loop real estate listings. I look forward to hearing from you! Let’s find your dream home, shall we?

For information on real estate close to West Loop see these links below

Ukrainian Village | River North | Printer’s Row | Wicker Park

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

Year Built

Local National
Percent Homes Decreasing 198 2,736,525
Median List Price Per Sq Ft 198 140
Median Sale Price 198 234,900
Property Tax 198 2,736,525
Turnover (Sold Within Last Yr.) 198 2,736,525

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 West 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 West 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 West 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 West Loop