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Prairie District Real Estate and Neighborhood Information

Get to know Prairie District

A truly unique gem on the city's south side, the Prairie District offers a taste of historic Chicago with a 21st century spin. Stately homes and modern lofts make for fine living for families, professionals, artists or anyone who wants to savor the soul of the Windy City. This pocketsize enclave in the middle of the South Loop is where treasured, landmark houses-turned-museums neighbor mid-rise luxury condominiums.

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Prairie District Real Estate

Living in the Prairie District today is like brushing elbows with the merchant royalty of Chicago’s past, with all the amenities of modern living, of course.

The streets themselves are breathtaking, flush with floral gardens and well-manicured lawns. The trees that line the residential avenues here turn into a stunning array of colors come fall, making the neighborhood a prime destination for a stroll. The mixture of grand townhomes and massive condominium buildings add to the appeal of this south side Chicago neighborhood, providing a balance between old and new.

Much has been made here of the stately mansions that rise regally above the wrought-iron front gates. But of course the majority of these homes are not for sale, with a couple of them designated as actual landmarks. The few that are on the market are valued at anywhere from $1.9 million to $3.9 million.

The real estate that is widely available here is in the form of luxurious trendy lofts and condos. Many of these contemporary living spaces are chiseled into the bones of old factories, but developers are also constantly at work in this tiny Chicago neighborhood, breaking ground on brand new buildings left and right. High- and mid-rise condominiums and lofts are located in converted industrial buildings and newly constructed midsize skyscrapers, and usually come dripping with amenities. Three- and four-story townhouses are also big in the Prairie District, providing a little more space and just as many luxury features.

In general, a one-bedroom condo in the Prairie District neighborhood of Chicago sells for around $300,000, although you can find some units for $250,000 or less. A two-bedroom place jumps the average price up to $417,000 and the price for a three-bedroom condominium or townhome in the Prairie District averages around $665,000, with several of the properties selling for between $800,000 and $1 million.

Prairie District market trends

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