$389,308Average Value$320Average Price per Sq Ft81Homes For Sale
A community close to the Metra with tons of restaurants to explore
At the turn of the 20th century, South Loop began to grow as a network of railroad yards that served both freight and passenger trains. The railroad and printing industries began to die down during the 1950s and 1960s, which left much of South Loop vacant, leading to city renewal efforts in the 1980s. Today, the community is home to a robust restaurant scene, staple attractions like Grant Park, easy access to public transportation and a residential feel not commonly found in downtown neighborhoods of major cities. “Living in downtown Chicago is like living in New York City with the taxis and only high-rise buildings,” explains Stephanie Mason, a real estate manager with 5th Group Realty & Management who grew up in the neighborhood. “In South Loop, residents still get that feeling of luxury, but with more boutiques, restaurants and a stronger local vibe.”
The Metra travels though and starts in the South Loop of Chicago.
Eleven City Diner has a variety of Chicago style sandwiches in South Loop.
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Corner store breakfasts and Chinatown dinners
Residents are within walking distance of the neighborhood’s diverse culinary scene, including AO Hawaiian Hideout, which is appreciated for its colorful interior and Asian-inspired dishes. On the west side is Chinatown, where eateries like Qing Xiang Yuan Dumplings, Shoo Loong Kan Hotpot, and several others sit along South Wentworth Avenue. A sense of community can be felt perusing the shelves of the family-owned Sandmeyer’s Bookstore, picking up lunch from delis in corner bodegas like the South Loop Market or grabbing a drink with friends at Reggies Chicago, a popular spot with a casual and feel pub-style food. “Lots of people that bought townhomes filled the bottom floor with delis and boutiques, so they are passionate about serving the community,” explains Mason, compared to businesses located just north of downtown. Grocery stores like Trader Joe’s and Jewel-Osco are conveniently dotted throughout the community. At the same time, retailers like Target, H&M, Old Navy and several more reside in Roosevelt Collection Shops in the northwest corner.
Sushi Kai is a casual Japanese restaurant located in Chicago's South Loop Neighborhood.
Grab your favorite coffee at Tea Pot Brew Bakery in Downtown Chicago in South Loop.
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Warm days at Grant Park
Grant Park has visitors year-round, but locals and tourists flock during the warmer months. “Nothing says Chicago like Grant Park,” says Mason. “I grew up going there with my grandma and seeing all of the tulips. When those start to bloom, that’s when the parks start getting busy, food trucks appear, and events start happening.” Many head here for walks along Lakefront Trail or to meet up with friends for a picnic. It is also home to Museum Campus, where visitors can tour Chicago’s three largest museums. Dog owners take their dogs to Anderson (Fred) Park to get some exercise at the off-leash site, while comedy shows, concerts and theater performances can be enjoyed at the Arie Crown Theater.
The Buckingham Fountain is the crown jewel of Grant Park with spectacular views of Chicago.
The Museum campus is only steps from Chicago's South Loop via walking path.
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The condos of South Loop
The streets of South Loop are filled with bike lanes, street lights and wide sidewalks, making getting around the neighborhood convenient. Despite the absence of green spaces, green ash trees are spread across each avenue alongside parked cars, which line the community. Morning strolls showcase late 19th and early 20th-century industrial buildings turned condos alongside a spattering of high-rise condominium buildings constructed in the early 2000s. And despite the modern flair of many, roughly half feature brick-clad exteriors and large windows, a style synonymous with Chicago. Those looking to purchase a home in South Loop can expect a price range from $200,000 to $500,000 depending on size and condition, while penthouses and corner designated units can reach up to $800,000.
The South Loop is home to many codo properties that were former factories.
Condo properties of South Loop have great city views only a few miles from Chicago's Loop.
In South Loop you'll find older brick properties with floor to ceiling windows and balconies.
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Roosevelt Station
Aside from the Loop itself, South Loop is the most well-connected Chicago neighborhood. Roosevelt Station offers residents access to every other part of the city, including Chicago O’Hare International Airport, an hour-long ride on the red and blue lines. Those driving can reach their flight at the airport along a 17.4-mile drive west via Interstate 90 and the John H. Stronger, Jr. Hospital of Cook County off West Odgen Avenue in 3.3 miles. Meanwhile, the campuses of Columbia College of Chicago and Illinois John Marshall Law School, which account for the community’s younger population, are located in the neighborhood.
Chicago CTA Green line platform in South Loop with view of Hillard Homes.
Multiple lines of the Chicago El train, run though the South Loop neighborhood.
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Following famous footsteps at Wendell Phillips Academy High School
Young students, Kindergarten through grade 8, will attend South Loop Elementary School, which maintains a B-plus rating on Niche. Wendell Phillips Academy High School, the home of the Wildcats, has a Niche score of C and welcomes students grades 9 to 12. The school is known as the first predominately black high school in Chicago and has a lengthy list of accomplished alumni, including Nat “King” Cole, Marla Gibbs, Gwendolyn Brooks and many more.
South Loop Elementary School is a Magnet Cluster school and serves students in the neighborhood.
Main building and entrance to Wendell Phillips Academy High School in Chicago.
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The events of Grant Park
The City hosts several events at Grant Park for residents to choose from, including The Taste of Chicago, a staple food and music festival, Chicago’s Jazz and Blues Festivals, and the popular Lollapalooza music festival, each of which brings in large crowds to the park.
Turn 11 in Grant Park 165 Chicago street race hosted by NASCAR.
Take in city views of Chicago at Lollapalooza in Grant Park.
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Game day traffic
Considering that game days at Soldier Field and grand conventions at McCormick Place both happen within the community, traffic is expected in South Loop, particularly on the east side. Though this influx of traffic occurs periodically, it may be worth considering for those who are looking to move into the community.
McCormick Place has 2.6 million square feet of convention center space.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Nekesha Burton,
an experienced agent in this neighborhood.
Parks in this Area
Prairie District Park
Dog Park
Picnic Area
Playground
Fred Anderson Park
Dog Park
Margaret Hie Ding Lin Park
Basketball
Park No. 540
Baseball/Softball
Football
Playground
Millenium Park
Trails
Events
Amphitheater
Oakwood / 41St Street Beach
Chicago Women's Park and Gardens
Playground
Botanical Gardens
Gold Star Family Park
Ping Tom Memorial Park
Baseball/Softball
Boating
Picnic Area
Transit
Airport
Chicago Midway International
15 min drive
Subway
Roosevelt Station (Green, Orange Lines)
Bus
State & 9th Street
Bus
Michigan & 18th Street
Bus
Clark & Archer
Bus
Michigan & 23rd Street
Bus
State & 24th Street
Bus
Clark & 18th Street
Bus
Cermak-Mccormick Place Green Line Station
Crime and Safety
1 - Low Crime, 10 - High Crime
South Loop
US
Homicide
4
4
Sexual Assault
6
4
Assault with Weapon
4
4
Robbery
8
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
7
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in South Loop, Chicago sell after 32 days on the market compared to the national average of 47 days. The average sale price for homes in South Loop, Chicago over the last 12 months is $355,939, down 3% from the average home sale price over the previous 12 months.
MUST SEE TO BELIEVE! Come tour this weekend! Original owners left no inch untouched in this completely renovated, modern, fully-enclosed, 2 bedroom/2 bathroom loft style condo. With sweeping views to the East of Lake Michigan, sun shining in all day to the South, and the thoughtful design touches to maximize space and create an elevated look, you are sure to be impressed. Everything has been
Experience the perfect blend of industrial charm and modern comfort in this beautifully-maintained 1 bed/1 bath loft in the heart of the South Loop. Located in a boutique elevator building, Unit #103 features soaring ceilings, exposed brick, hardwood floors, and oversized windows that fill the space with natural light. The open concept layout is ideal for both relaxing and entertaining, with a
Sunny Northeast corner condo with gorgeous lake, park and museum campus views,11' ceilings and solid hardwood floors. Experience a "wow" moment when you and your friends enter the stunning living room with the park and lake views through the huge 5' x 8' windows. Desirable floorplan with split bedroom layout. You will love the main suite with a beautiful view, two California Closet organized
Stephanie DerderianBerkshire Hathaway HomeServices Chicago
Enjoy full amenity living and stunning Lake Michigan views in this two bedroom, two bathroom condo with prime South Loop location. Welcoming foyer entry leads to the open concept living area with picturesque east and north facing views of Lake Michigan and the cityscape. Floor to ceiling windows floor the space with natural light, hardwood floors and crown molding throughout, and a huge private
Enjoy full amenity living with a prime South Loop location and stunning views. Ideal one bedroom, one bathroom condo on a high floor with beautiful north facing views of Lake Michigan, Grant Park and the cityscape. Spacious open concept living area flooded with natural light offers hardwood floors throughout, custom window coverings, and a large private balcony. The kitchen features granite
Experience the best of city living in this bright and airy split-bedroom condo in the heart of the South Loop. This thoughtfully designed home features an expansive living and dining area with beautiful hardwood floors and floor-to-ceiling windows, offering breathtaking south and east views. A standout feature is the extra-wide private balcony that spans the entire width of the home-accessible
Welcome to a life of luxury at Arrive South Loop®, offering one, two, and three-bedroom mid-rise living in the heart of South Loop, Chicago. Our community is conveniently located within walking distance of the Metra Train and minutes from I-55, I-90, and Lake Shore Drive. Connect with friends at the rooftop tranquility pool and outdoor kitchenette, taking in the breathtaking Chicago skyline at
Spacious, large 1 bedroom condo located in South Loop. Unit features in-unit washer/dryer, floor to ceiling windows, hardwood floors, stainless steel appliances. Rent includes cable, internet, water, cooking gas - Tenant Just Pays Electric! Excellent location close to fitness classes in building, dining, dog park, entertainment, and more.
Discover refined One-, Two-- and Three-bedroom pet-friendly apartment living at Aspire Residences, located in the vibrant South Loop of Chicago. Our sophisticated amenities include a resort-style pool deck, a tastefully designed pub lounge, a state-of-the-art fitness center, an engaging game room, and dedicated work-from-home spaces.The modern apartment interiors feature sweeping
Interested in learning more about homes in this area?
Reach out to
Nekesha Burton,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
19,839
Median Age
37
Population Density
42 ppl/acre
Population under 18
18.4%
Below the national average
23.8%
Population over 65
11.2%
Below the national average
19.1%
Finances
Median Household Income
$100,766
Significantly above the national average
$71,702
Average Household Income
$130,673
Education and Workforce
High School Graduates
94.9%
College Graduates
78.6%
Significantly above the national average
34.1%
Advanced Degrees
43.2%
Significantly above the national average
13.3%
% Population in Labor Force
79.1%
Weather
Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
20''
Area Factors
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
97/ 100
Excellent Transit
Transit Score®
82/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
