Loop

Loop

Chicago, Illinois Homes for Sale

+1(888) 897-9225

About Loop

The heart of downtown Chicago, the Loop is home to a variety of historic spots, museums, and theatres, making it the place to experience the city's culture. If it's a true downtown experience you're after, the Loop is the place for you. It also serves as the city's central business district, making it an ideal home for anyone working in the area.

Quick Facts

Current Prices: $151,204 to $10,800,000

Closed Prices: $135,000 to $7,099,640

Median Sale Price: $410,000

Average $ per sq ft: $488

Association Fee Ranges: $236 to $8800/mo, $236 to $8800/mo

Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home

Age: 1885 to 2021

Sq. Ft.: 515 to 6688 Sq. Ft.

Bedrooms: 0 to 5 Bedrooms

Bathrooms: 1 to 10 Bathrooms

Around Loop

Though space is certainly at a premium in this neighborhood, affordable options are available for those willing to sacrifice a view or live without the latest renovations. While prices in the Loop are similar to what you might find in Streeterville, you can discover more options for your budget by looking in the South Loop. However, for residents who believe location is everything, you cannot beat the centrality and convenience of the Loop.

Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop

The Loop is a fairly small area by square mileage, but large when you consider that most of the housing options are high rises. Residents pay for the privilege of having practically non-existent commutes to work, but condos by the lake might run you a bit higher on your budget. Farther West, what you sacrifice in views is made up for in savings.

Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop

Because of its central location, a lot of the dining in the Loop is aimed at businesspeople. Health-conscious cafes make for a peaceful lunch break, and upscale steakhouses are the ideal backdrop for an important business dinner. In the warmer months, a farmer's market calls Daley Plaza home, making it easier than ever to get farm-fresh food without ever leaving the city.

Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
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Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
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Photo in Loop
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Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop

Hustle and bustle. Thanks to its location in the business district, the Loop is home to both locals and commuters, with some tourists and college students mixed in. Everyone is trying to get somewhere, which is why the Loop is a major hub for public transit both to other parts of the city and to the suburbs.

Photo in Loop
Photo in Loop
Photo in Loop

Home to Chicago's Theatre District, the Loop contains over a dozen theaters where you can catch anything from a small, experimental showpiece to a famous Broadway musical. This neighborhood is also home to the Lyric Opera of Chicago and the Joffrey Ballet, making it an epicenter for culture and the arts.

Photo in Loop
Photo in Loop
Photo in Loop
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Photo in Loop
Photo in Loop
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Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop
Photo in Loop

Head to a free concert in Millenium Park, or one of the city's many festivals, such as the Christkindlmarket that takes over the Loop every Christmas season with authentic European goods. Try shopping at one of the many stores in the area, or take up ice skating under Cloudgate, one of Chicago's most famous statues--better known by locals as "The Bean."

This highly trafficked neighborhood was designed to accommodate commuters from every corner of the city. The 'L' runs in a loop (hence the neighborhood name) around the center of the area, making it easy to reach any destination. Millennium Station and Van Buren Street Station house the Metra for those navigating to Chicago's Far South Side and multiple bus routes traverse the area, including a route running west to Ogilvie Transportation Center. You can also walk anywhere in the Loop without raising your heart rate. The Pedway, an underground tunnel system, spans 40 blocks and makes walking to work practical regardless of weather patterns. Though you technically can drive in the Loop, unless you enjoy playing chicken with hordes of pedestrians and seasoned cab drivers, you will want to avoid being in a car at rush hour. You can also walk anywhere in the Loop without raising your heart rate. The Pedway, an underground tunnel system, spans 40 blocks and makes walking to work practical regardless of weather patterns. Though you technically can drive in the Loop, unless you enjoy playing chicken with hordes of pedestrians and seasoned cab drivers, you will want to avoid being in a car at rush hour.

Locals Love

  • The ease of transportation in and out of the city
  • How quaint the neighborhood feels around the holidays
  • Having a walkable commute to the business district

Locals Don't Love

  • Tourist crowds filling up local restaurants and shops
  • Slow-moving traffic in and out of rush hour
  • Expensive and hard to find parking

Neighborhood Reviews

1 Review
4.0

Ever-evolving

Samantha R
I used to live in the loop a few years ago, and there wasn't much to do in the area after 8 PM or on weekends do to the business vibes. That seems to have changed a lot. There are now cool cafes, good brunch spots, and fun bars moving into the area.
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