$434,679Average Value$374Average Price per Sq Ft62Homes For Sale
Iconic Chicago cityscape
This community is more than the skyscrapers of the country's second largest business district. “A lot of people don’t see or consider the Loop a neighborhood, particularly for a 24-hour city, but it’s changed in its perspective and its reality in the past three to five years,” says a lifetime Chicagoan Ariella Gibson, Director of Marketing and Communications at Chicago Loop Alliance. “The services that you can utilize are different than what people might’ve assumed.” State Street’s shops and Grant Park’s recreational options barely skim the surface of all that the Loop encompasses. On the weekends, locals join the foot traffic along Lake Michigan’s waterfront and on the way to the neighborhood’s many famous attractions, including the Art Institute of Chicago and the James M. Nederlander Theatre.
The Loop is located at the epicenter of downtown Chicago.
The Lakefront is a popular place to unwind for residents of The Loop.
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State Street shops and Wacker Drive dining
The Loop holds numerous grocery and shopping options, from everyday staples such as Target and Mariano’s to specialty stores like South Loop Market and Bockwinkel’s. Locals grab bites of salmon lox and wash it down with homemade root beer under the red glow of neon signs at retro Eleven City Diner. Along Wacker Drive, chefs serve seafood dishes and prime cuts of steak on white tablecloth-covered tables. Shoppers spend afternoons browsing at major retailers down State Street, from Macy’s department store to Sephora and Banana Republic in Block 37 Mall. Property crime rates in the Loop score higher on the CAP Index than the national average.
Target is located in the famous Sullivan Center designed by Louis Sullivan in The Loop.
Macy's is one of the largest retailers located in The Loop.
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Mixed-use and million-dollar homes by Lake Michigan
Given the premium on space, condos are the primary form of housing here. “The amenities and the accommodations of properties in the Loop are very commiserating with other iconic major metros like New York City and LA, but they’re more affordable, so you’re getting the bang for your buck because you’re getting all these options and opportunities and things to do and see without the pressure of these other coasts,” Gibson says. Many buildings are mixed-use, with commercial tenants on the ground floor. Styles range from luxury high-rises overlooking Lake Michigan to renovated units. Half of the residences were built after 2000 and feature mostly glass exteriors. Condos closer to the park and lake list between $350,000 for a one-bedroom and $3.2 million for a four-bedroom. Meanwhile, western units may list between $163,000 and $350,000 for a one-bedroom.
Condo buildings in The Loop feature wonderful views of Grant Park and the lakefront.
Midrise Lofts are a popular option for condo buyers in The Loop.
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Cloud Gate and whimsical fun
Grant Park, covering 312 acres, forms the neighborhood’s eastern border. Locals enjoy lakefront views within the park, attend music events, or stroll between visits to the Shedd Aquarium and Adler Planetarium. Millennium Park, in Grant’s northwest corner, is famous for public art pieces like Cloud Gate, often called “The Bean,” a metallic archway reflecting downtown Chicago. Next door, children climb the whimsical playground while other parkgoers practice ice skating and rock climbing within Maggie Daley Park’s 22 acres. Buckingham Fountain sits at the center of Grant Park, spraying water with mood lighting, creating a majestic display.
Faces at Millennium Park make a great selfie spot for tourist and locals alike.
The Loop's Grant Park is full of statues dedicated to historic American figures.
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Seasonal offerings like Taste of Chicago
The Loop is loaded with summertime events, whether free concerts in Grant Park or five days of foodie festivities at the Taste of Chicago, drawing millions of visitors every July. As part of the Millennium Park Film Series, Gibson says, “On eight different Tuesdays during the summer, they play iconic or new movies in the park. They have popcorn, you can bring your blanket and drinks; it’s really cool and unique.”
Commuting with Chicago Transit Authority
Commuters take one of the many Chicago Transit Authority (CTA) busses or “L” rail options into the city each work week. “The transit is phenomenal,” Gibson says. “The Loop is literally the most accessible downtown and one of the most accessible neighborhoods in Chicago, so you can go anywhere in the city from the Loop and come from anywhere in the city to the Loop; that’s why Chicago Alliance considers it ‘everyone’s neighborhood.’”
The Loop is a major public transportation hub with several CTA L lines running through it.
The Loop residents are able to take advantage of the CTA bus lines.
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South Loop schooling
While public schools are scarce within the Loop, students may walk or take a bus to charter and private schools in the neighborhood. If residents prefer to enroll their students in Chicago Public Schools, then their students may attend South Loop Elementary School, a kindergarten through eighth-grade option. South Loop earns a Grade B-plus from Niche, while Wendell Phillips Academy High School, where students may start in ninth grade, earns a Grade C-minus. This high school lets students get a head start on their post-secondary education with Career and Technical Education (CTE) options and five Advanced Placement (AP) courses. After graduation, these students show the most interest in attending Northern Illinois University and Illinois State University, according to Niche.
South Loop Elementary School is a Magnet Cluster school and serves students in the neighborhood.
Phillips Academy High School is located in the Bronzeville neighborhood of Chicago, Illinois.
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Entertainment along Randolph Street
Not only is the Loop known for its extensive business and recreational opportunities, but it also includes spaces for residents to take cultural adventures. The Art Institute of Chicago – with over 250,000 holdings – is one of the oldest and largest museums in America and worldwide. Randolph Street, near the neighborhood’s northern border, is a center for the performing arts. “There are about six theaters in that geographic area that host Broadway and Chicago performances, other major arts and entertainment performances, concerts and the Chicago Theater where pretty much anybody takes a photo when they’re visiting or if they’re from Chicago,” Gibson says. While tourists plan trips to the Loop to enjoy Grant Park activities, shop down State Street and catch a show, residents only need to leave their complex to take advantage of these amenities.
The Art Institute is a long time landmark of The Loop dating back to 1879.
The Loop is home toe many famous landmarks like The Nederlander Theatre.
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
Are you familiar with the The Loop neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
The Loop
US
Homicide
8
4
Sexual Assault
10
4
Assault with Weapon
9
4
Robbery
6
4
Burglary
10
4
Motor Vehicle Theft
10
4
Larceny
8
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
The Loop Demographics and Home Trends
On average, homes in The Loop, Chicago sell after 53 days on the market compared to the national average of 54 days. The median sale price for homes in The Loop, Chicago over the last 12 months is $342,000, down 10% from the median home sale price over the previous 12 months.
Welcome to this charming 1-bedroom condo on the 21st floor of the prestigious Joffrey Tower with a large balcony. Enjoy stunning views and abundant natural light in this west-facing unit. The open kitchen features granite countertops and stainless-steel appliances, perfect for the home chef. Wood floor through out, large Washer and dryer in the unit. This pet-friendly building offers a 24-hour
A world class location perfectly positioned along Millennium Park, this sophisticated and highly desired "02 TIER" Large 3-bedroom, 3-bath luxury residence offers approximately 2,000 square feet of refined, light-filled living in one of Chicago's most iconic architectural towers, The Legacy. Dramatic floor-to-ceiling windows showcase breathtaking city views of Lake Michigan, Millennium Park, and
Anne Connolly Rief@properties Christie's International Real Estate
This bright, immaculate one-bedroom features a rare, coveted private balcony and oversized windows that flood the space with natural light. The open-concept living area flows directly into the kitchen, which offers ample cabinet space. The spacious bedroom includes double closets, and the bathroom features a full-size tub. An in-unit washer and dryer rounds out the package. The building amenities
Lisa Long-Brown@properties Christie's International Real Estate
Live in the middle of it all! Walk to work, shopping, transportation, entertainment, Grant Park, and the lakefront. This 1600+ sqft corner unit 2-bedroom/2-bath soft loft, boasts bright South and West views, a new kitchen with quartz waterfall counters, and a full suite of new stainless steel appliances. The spacious combined living/dining space provides plenty of room for hosting the extended
Experience sophisticated urban living in this beautifully maintained 2-bedroom, 2-bath condo. Floor-to-ceiling windows and a private balcony fill the space with natural light and showcase city views. The open-concept living and dining area features hardwood floors and a modern kitchen with stainless steel appliances and granite countertops. Spacious bedrooms with ample closet space and sleek
Deeded parking spot (p 528)at 212 W Washington (Washington and Wells). Parking spot located in secured area separated from public spaces. Take elevator to 5th floor to access. Perfect for unit owner or person living or working nearby. Space is oversized and right by door to lobby. Park and walk to work, theaters, opera, Millennium Park and more without worrying about high daily garage fees or
Experience Iconic Downtown Living at The Legacy at Millennium Park Welcome to the heart of downtown Chicago, where culture, convenience, and city energy meet. This stunning 2-bedroom + den, 2-bath condo at the acclaimed Legacy at Millennium Park offers the ultimate urban lifestyle with sweeping views and high-end finishes throughout. Soaked in natural light from three exposures - South, East, and
Experience breathtaking river and partial lake views from this beautifully-remodeled 2 bed/2 bath residence in the full-amenity Park Millennium building. The open floorplan features floor-to-ceiling windows, hardwood floors throughout, and a freshly updated interior. Enjoy a modern kitchen with stainless steel appliances, granite countertops, and a breakfast bar. Both bathrooms have been recently
Breathtaking NW corner residence with panoramic city views in the prestigious Park Monroe building! Step into luxury with 11' ceilings, newly installed wide-plank white oak floors, and an expansive open floor plan framed by 70' of floor-to-ceiling wrap-around windows offering stunning vistas from every room. The chef's kitchen impresses with sleek Italian cabinetry, an oversized island, granite
Feel the pulse of downtown life in this phenomenal 1-bedroom, 1-bath condo at The Legacy at Millennium Park-one of Chicago's premier full-amenity buildings in the heart of the city! Step inside and be welcomed by warm oak hardwood floors laid on a chic diagonal pattern, adding a touch of sophistication to the open-concept living and dining area. Large floor-to-ceiling windows flood the space with
D. Waveland Kendt@properties Christie's International Real Estate
This impeccably updated unit redefines luxury living, offering an unparalleled lifestyle defined by comfort and exceptional entertaining opportunities in a prime location. Spanning an impressive 1,500 square feet, this bright and spacious two-bedroom, two-bathroom residence boasts a thoughtfully designed open floor plan. The expansive living and dining areas are enhanced by newly installed
Tatiana PerryBerkshire Hathaway HomeServices Chicago
Welcome to this ideal Urban Dwelling, a spacious and updated 2bedroom floorplan that offers unbeatable flexibility and value! This unique condo is perfectly located for all the best Chicago has to offer, with stunning West views and top of the line building amenities. This home offers an open-concept floor plan with a chef-ready kitchen that flows to a generously sized living and dining area - an
Parking Space 8-17 is a few steps from the elevator in a great location in the garage! Excellent Loop Location near Millennium Park, shopping, restaurants and theater! You do not have to own a condo in the building to purchase a parking space. Building has secure elevator for direct access to underground pedway system in the Loop!
Available now, updated 2 bedroom, 2 bathroom rental in convenient Loop location. This freshly painted loft offers in-unit laundry, a private balcony, hardwood floors, high ceilings, and a fireplace. The kitchen features quartz counterpoints with an overhang for seating. ALL utilities except electric are included. The building offers a fitness center, outdoor terrace, 24hr door staff, a bike room,
Discover MDA Apartments, a distinguished historic residence located in Downtown Chicago, IL. Our community combines timeless elegance with modern comforts, offering studio, convertible, 1, and 2-bedroom apartments, as well as penthouses. Each home features high ceilings, granite countertops, and stylish cabinetry. Residents enjoy a wealth of amenities including a hotel-style lobby, full-body
Stunning 2-Bedroom, 2-Bath Luxury Condo at The Legacy at Millennium Park - Prime Downtown Location! Experience the ultimate in city living with this spectacular 2-bedroom, 2-bath condo at The Legacy at Millennium Park. This unit features a custom kitchen with stainless steel appliances, elegant hardwood floors, and an in-unit washer and dryer for your convenience. Floor-to-ceiling windows
Zeeshan BhimjiReal Property Management Group Chicago
Work & Rec while exploring the Riverwalk, shopping along the Mag Mile or meeting friends for a bite at a River North hot spot. It's Healthy Convenient, with amazing access to both lakefront trails and CTA/Metra trains. It's also Stay & Play in plentiful amenity spaces, including a stylish clubroom, convenient work-from-home spaces, and a year-round pool. In an effort to continue to reduce our
Welcome to The Archer - a modern collection of updated residences in Chicago's iconic Gold Coast. Blending vintage charm with contemporary comfort, our refreshed community offers spacious apartment homes with contemporary finishes, smart conveniences, and timeless character. Just steps from Lake Michigan, premier dining, shopping, and CTA access, The Archer places you in one of the city's most
Daniel Management GroupDaniel Management Group Inc
Say hello to Fisher Building Apartments, a historic landmark located at 343 S. Dearborn Street in downtown Chicago, IL. As a renowned Chicago icon, this elegant building offers a diverse range of studio, convertible, 1, 2, and 3-bedroom apartments, along with exclusive 2-bedroom penthouses. Our residences feature historic hardwood flooring, granite countertops, and European-style cabinetry, with
Welcome to The Archer - a modern collection of updated residences in Chicago's iconic Gold Coast. Blending vintage charm with contemporary comfort, our refreshed community offers spacious apartment homes with contemporary finishes, smart conveniences, and timeless character. Just steps from Lake Michigan, premier dining, shopping, and CTA access, The Archer places you in one of the city's most
Daniel Management GroupDaniel Management Group Inc
Discover a new chapter at Lake & Wells. For nearly a century, Century Tower has stood as a Chicago iconnow reimagined to combine timeless character with modern sophistication. Its the perfect setting to start and end your day.Explore a curated selection of studio, one-, two-, and three-bedroom apartment homes, available in both newly renovated and classic styleseach thoughtfully designed for
Welcome to The Archer - a modern collection of updated residences in Chicago's iconic Gold Coast. Blending vintage charm with contemporary comfort, our refreshed community offers spacious apartment homes with contemporary finishes, smart conveniences, and timeless character. Just steps from Lake Michigan, premier dining, shopping, and CTA access, The Archer places you in one of the city's most
Daniel Management GroupDaniel Management Group Inc
Marquee at Block 37's contemporary, high-rise apartment building located in downtown Chicago boasts stunning studio, convertible, 1, 2 and 3 bedroom apartment homes. Each suite features upscale finishes, natural light spaces and unique lake and city views right from the heart of the Loop. With an unmatched downtown location, Marquee at Block 37 offers instant access to everything that makes
Spectacular corner unit (South, East, and West exposures) with amazing views of Lake Michigan, Millennium Park, and the City skyline! This 2Bed/2Bath unit features include high-end Sub-Zero and Bosch appliances, including W/D, and a balcony overlooking the park and lake. Luxury master bathroom with jacuzzi tub, dual vanity, and separate shower. Building features include an indoor pool, fitness
Soaring above the iconic Michigan Avenue and the stylish citizenM hotel, Millie on Michigan stands as a striking symbol of modern luxury and design. Located at the prestigious address of 88 E Wacker Pl, the tower offers a collection of meticulously designed studio, one-, and two-bedroom apartments that frame breathtaking, panoramic views of Lake Michigan and the city skyline through expansive
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
