$391,477Average Value$321Average Price per Sq Ft96Homes 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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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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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 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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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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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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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
Lauren Shimmon,
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
South Loop Demographics and Home Trends
On average, homes in South Loop, Chicago sell after 31 days on the market compared to the national average of 49 days. The median sale price for homes in South Loop, Chicago over the last 12 months is $344,000, up 6% from the median home sale price over the previous 12 months.
Rarely Available, Renovated Modern, South Loop Townhome blends thoughtful design with refined detail for a look that's both elegant and inviting. Rich hardwood floors anchor the bright, open layout, complemented by soaring ceilings and oversized windows that fill the space with natural light. At the heart of the home, a showpiece kitchen features a striking 10-foot island, a designer backsplash,
This beautifully updated 3-bed, 2-bath home offers a bright white kitchen with 42" cabinets, granite counters, subway tile backsplash, and new stainless refrigerator. The open living/dining area features hardwood floors, a cozy gas fireplace and opens to a private terrace overlooking a peaceful, tree-lined courtyard. Upstairs, the vaulted-ceiling primary suite includes generous closet space and
Anna BusalacchiBerkshire Hathaway HomeServices Chicago
This impressive 2bed/2bath South Loop timber-loft has it all! Featuring 13'ft ceilings, fully enclosed primary bedroom for complete privacy, exposed brick, and Heated Parking Included. Open living & dining rooms with balcony that offers stunning city views. Enjoy your gas fireplace, stainless appliances, hardwood floors throughout, in-unit washer/dryer, abundant closet space with added storage
Azriel Leyva@properties Christie's International Real Estate
Enjoy this beautifully designed one-bedroom condo located on iconic Michigan Avenue in the heart of Chicago's South Loop. With south and west-facing windows, the home is filled with natural light throughout the day. The expansive living and dining area features hardwood floors and offers plenty of space for both relaxation and entertaining. The open kitchen includes stainless steel appliances,
Estate Sale, cash only or inquire on financing ability. 12ft ceilings 8ft windows in the landmark Coca-Cola building in the South Loop. Modern open concept kitchen, SS appliances, kitchen island. Sprawling north east city & lake views and balcony. Split floorplan! Both bedrooms are large and primary bedroom features an en-suite bathroom with the secondary having a full bath just adjacent. In-Unit
Special seller financing available at 6% with as little as 15% down and no PMI. Please inquire to learn more! Experience Elevated Urban Living with Breathtaking Views in the Heart of the South Loop at Michigan Avenue Tower in a rarely available floor plan! Impeccably maintained 2 bed + den / 2 bath home offering sweeping panoramic views of the Chicago skyline, Grant Park, and Lake Michigan from
Bari Levine@properties Christie's International Real Estate
Welcome to your urban oasis in the heart of Chicago! This stunning condo at 1516 S Wabash Ave offers the perfect blend of modern living and convenience. Boasting 1100 square feet, this spacious residence features two well-appointed bedrooms and a stylish bathroom, making it an ideal space for comfortable city living. As you enter, you'll immediately notice the open and airy layout, accentuated
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
Studio Available For a Flexible Lease Start Date At The Historic Roosevelt Hotel Apartments. Stainless steel appliances, hardwood laminate flooring throughout the living space with new carpet in the bedroom. Tile in the kitchen/bathroom. Central heat/AC. Common laundry located on the 2nd floor and basement of property. Pet friendly building. No additional pet rent. One time pet fee $350. No
Interested in learning more about homes in this area?
Reach out to
Lauren Shimmon,
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®
83/ 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.
