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West Loop Multifamily Home for Sale

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    $3,999,000

    • 16 Beds
    • 16 Baths
    • 16,905 Sq Ft

    125 S Racine Ave, Chicago, IL 60607

    West Loop Development Opportunity. The three-story brick building includes approximately 16,905 Gross Square Feet above grade, two garage parking spaces, and two outdoor parking spaces. Located one block from Skinner Park, Montessori School, Target and more in Chicago's most in-demand neighborhood. The neighborhood boasts high-profile headquarters including Google, McDonald's, WPP, Tik Tok, Ernst

    Scott Maesel Sperry Van Ness

    125 S Racine Ave, Chicago, IL 60607

About West Loop

Chicago's West Loop neighborhood has transformed from an industrial district to a vibrant area where people live, work, and play. The neighborhood is divided into five districts, each with unique characteristics. West Loop Gate, quieter than other parts, features high-end condos and office spaces, and is home to the historic Old St. Patrick's Catholic Church and the highly rated Frances Xavier Warde School. The Fulton River District, north of West Loop Gate, offers River Point Park, the largest riverfront park in Downtown Chicago, and the Bennett Day School, known for its arts-focused curriculum. Restaurant Row in the Fulton Market District is a culinary hotspot with Michelin-starred restaurants like Ever and Smyth, and the area retains some of its industrial architecture amidst new construction. The Jackson Boulevard District and Greektown, south of Restaurant Row, are served by the blue line of the L, providing easy access to O'Hare International Airport. Notable spots include SoJu BBQ and the University of Illinois, Chicago. Mark Skinner Elementary School and Whitney M. Young Magnet High School, both highly rated, are located here, with Skinner Park and Union Park offering ample green space and recreational facilities. The neighborhood's crime rate is lower than the national average, making it a safer place to live. With a mix of repurposed warehouses, new high-rises, and a variety of things to do, West Loop offers a dynamic urban lifestyle.

Home Trends in West Loop, IL

Home Trends

Median Price (12 Mo)
$455,000
Median Single Family Price
$1,292,500
Median Townhouse Price
$792,500
Median 2 Bedroom Price
$489,998
Median 1 Bedroom Price
$330,000
Average Price Per Sq Ft
$416
Number of Homes for Sale
125
Last 12 months Home Sales
545
Months of Supply
2.80
Median List Price
$472,400
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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