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Loop Real Estate and Neighborhood Information

Get to know Loop

As Chicago's hub for finance, transportation, government, retail, tourism and culture, the Loop is the city center and the point from which all other destinations in Chicago are measured. The city's most recognizable landmark (the Sears Tower) is located in this section of town, as is the Art Institute of Chicago and the Chicago Board of Trade. Despite its density and towering skyscrapers, Loop residents have plenty of open air and outdoor space at Millennium Park. Occupying a nearly 25-acre plot of land, the park is a great spot to stroll through gardens, have a picnic on the grass, see live concerts and enjoy a breathtaking view of the city skyline. Heading back into the midst of high-rises and busy avenues, the Loop boasts the best theater district and the second best shopping scene (it's hard to beat the Magnificent Mile) in Chicago. The dining options are nothing to scoff at either with coffee shops and delis on almost every corner and an impressive roster of acclaimed restaurants to its name. The Loop is where the energy of downtown excitement merges with the spirit of urban living. Not just a commuter spot for Chicago workers anymore, the Loop is a bona fide residential neighborhood with thousands of condos and lofts mixed in among the office buildings and hotels.

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Loop Real Estate

Historically, the Loop real estate has been a commercial and cultural center bringing people into the area for work and recreation. But a recent shift has incorporated the residential side—bringing many folks to this Chicago neighborhood to stay. And there's good reason for it.

Being in the thick of downtown Chicago, condominiums (many brand new), studio apartments and lofts make up the majority of the Loop real estate choices here. These residential skyscrapers commonly provide amenities such as exercise facilities, storage and convenience services like laundry. Because you'll share the neighborhood with a legion of workers who commute in everyday, having your own parking space is a hot commodity that will up the living expenses a pretty penny. Check out our Loop home sales statistics to get an idea of the real estate market trends in this neighborhood.

Loop Homes for Sale

Loop market trends

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Thinking about making a move? Be prepared with a comprehensive look at the area market, delivered directly to your email every month. And don’t forget to contact your Dream Town broker if you’d like to discuss what this data means for your next move!

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