$389,712Average Value$320Average Price per Sq Ft80Homes 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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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 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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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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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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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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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
Michael Maier,
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
Demographics and Home Trends
On average, homes in South Loop, Chicago sell after 32 days on the market compared to the national average of 47 days. The average sale price for homes in South Loop, Chicago over the last 12 months is $356,855, down 2% from the average home sale price over the previous 12 months.
Step inside this beautiful South Loop home to find 11 ft. ceilings that create a sense of spaciousness, complemented with a wall of windows to let the light pour in. The open floor plan is great for entertaining. The updated kitchen has 42" cabinets and quartz countertops, along with stainless steel appliances. The large bathroom offers double sinks, a soaking tub along with a free standing
Welcome home to this beautiful well maintained 2 Bedroom Condo in the ideal South Loop Area which, perfectly blends style, contemporary and timeless appeal. This condo boast hardwood floors, beautiful open kitchen with nice cabinetry and granite countertops, floor to ceiling windows, large walk in closet, balcony, in unit washer/dryer, stainless steel refrigerator, stove, microwave and
***OPEN HOUSES CANCELED*** Absolutely stunning loft with skyline views in historic Film Exchange Lofts in the heart of the South Loop! Thoughtfully renovated, this 2-bedroom, 1.5-bath home features a highly sought-after open layout with hardwood floors throughout, soaring coffered ceilings, exposed ductwork, a cozy fireplace, in-unit washer and dryer, and a private west-facing balcony with
Welcome to upscale living at 1160 S Michigan Ave in the heart of Chicago's South Loop. This beautifully updated corner residence offering 1571 sq ft home boasts an open floor plan with floor-to-ceiling windows, filling the space with natural light and offering breathtaking lake, Grant Park and skyline views. The expansive living and dining area is perfect for entertaining, with elegant finishes
Enjoy full amenity living with a prime South Loop location and stunning views. Ideal one bedroom, one bathroom condo on a high floor with beautiful north facing views of Lake Michigan, Grant Park and the cityscape. Spacious open concept living area flooded with natural light offers hardwood floors throughout, custom window coverings, and a large private balcony. The kitchen features granite
Experience the best of city living in this bright and airy split-bedroom condo in the heart of the South Loop. This thoughtfully designed home features an expansive living and dining area with beautiful hardwood floors and floor-to-ceiling windows, offering breathtaking south and east views. A standout feature is the extra-wide private balcony that spans the entire width of the home-accessible
Welcome to McCormick, a beautiful coliving community in the South Loop offering private furnished bedrooms and incredible amenities — including a rooftop deck, fitness center, lounge, on-site parking, and more. When you make your home at McCormick, you'll enjoy a comfortable, private bedroom in a fully-furnished coliving suite with in-unit laundry, modern appliances, and a cozy living room.
SHOWING SATURDAY APRIL 26TH 10AM-12!!!! Spacious 3 bed, 2 full bath penthouse rental with garage parking spot #7 included in the monthly rent! This modern unit features contemporary finishes throughout, including stained hardwood floors, a sleek kitchen with quartz countertops, and fully organized closets. Enjoy 10' ceilings, in-unit laundry, soundproof windows and doors for ultimate comfort, and
At Arrive Michigan Avenue, we prioritize your well-being and offer an array of amenities to enhance your lifestyle. Take a dip in our rooftop pool with city skyline views. Stay active in our state-of-the-art rooftop fitness center or unwind in our relaxing spa and sauna. Our pet-friendly community welcomes your furry friends, with a dedicated dog park and pet grooming station.
Interested in learning more about homes in this area?
Reach out to
Michael Maier,
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®
82/ 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.
