About South Loop
Quick Facts
Current Prices: $148,000 to $2,250,000
Closed Prices: $110,000 to $1,837,500
Median Sale Price: $363,000
Average $ per sq ft: $322
Association Fee Ranges: $0 to $39099/mo, $0 to $681, $320/quarter
Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home
Age: 1883 to 2023
Sq. Ft.: 527 to 6000 Sq. Ft.
Bedrooms: 0 to 6 Bedrooms
Bathrooms: 1 to 6 Bathrooms
Around South Loop
From the South Loop, there are generally only two ways to go: north or south. There are two Red Line stations, which take one north to the Loop in just a couple of minutes or south to Chinatown and beyond. The Green Line also takes you south to Harlem and west to the suburb of Oak Park, and the Orange Line will also take you north to the Loop and southwest to Midway Airport. Farther south, there are two bus routes that will take you west to Chinatown or Pilsen. Traffic is generally kinder to drivers in the South Loop than in other parts of Downtown, but the neighborhood still maintains an urban, walkable feel.
The South Loop provides a wider range of home styles in a greater variety of environments, giving residents of the neighborhood more price points to fit their situation. The more industrial southern end of the neighborhood offers more flexibility for first-time homebuyers, while homes in the northern end of the neighborhood—putting one closer to the Loop—fetch higher prices, but are still budget-friendly relative to other neighborhoods that make up the Downtown area.
Skyscrapers are the hallmark of the South Loop, and you can't go wrong with the views. With the Willis Tower to the north and Lake Michigan to the east, South Loop condos have an unrivaled vantage point to the city. Living near Michigan Avenue tends to put you closer to the crowds, while living just south of Roosevelt Road gives you quieter options.
The South Loop encapsulates the wider Chicago food scene with a variety of restaurants offering the city’s best. You can grab a hot dog and a milkshake on State Street or head down Wabash Avenue for a Michelin Star meal at Acadia, whose menu draws inspiration from Maine’s coastal cuisine.
A diverse crowd of people cycles through the South Loop, from tourists to street performers to college students. The neighborhood is home to people from all over the world, which is reflected in the wide variety of restaurants and shops you can find. All ages and interests can find something to explore in the South Loop.
South Loop is home to quite a few late-night bars and pubs. Buddy Guy's Legends is a neighborhood staple for live blues music, while Reggies hosts local and touring rock bands. Residents can also catch a show at a local theater or an occasional concert at Soldier Field, home to the Chicago Bears.
Head to Yolk for their creative brunch stylings or toss around a frisbee in Grant Park, one of Chicago's largest green spaces. The South Loop also puts you within walking distance of the picturesque lakefront, a perfect destination for jogging or reading. Of course, all of Downtown Chicago’s attractions are short distance away as well. South Loop residents would do well to get a season pass to The Art Institute of Chicago, one of the finest art collections in the world.
Locals Love
- Endless Shopping and Conveniences
- Easy Access to Public Transportation
- Being in the Heart of Downtown
Locals Don't Love
- Expensive Parking
- Event Traffic at Soldier Field
- Businesses Close Relatively Early
Neighborhood Reviews
2 ReviewsLots of growth, great transit access and very dog friendly
A really exciting place to live
buyers and sellers in this neighborhood.