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West Loop Real Estate and Neighborhood Information

Get to know West Loop

This ultra-urban, former warehouse district is one of Chicago's hip, up-and-coming neighborhoods, just steps away from Loop. The West Loop shares corner space with fine galleries and some of the city's trendiest lofts and condominiums. The neighborhood is great for those who like being next to downtown, but enjoy a little breathing room. Even though it had its start as an industrial storage center, the West Loop is making up for lost time by infusing the area with as much active life and entertainment options as space will allow. Beginning with a couple public parks, the community is not for want of open expanses of green or recreation opportunities these days. In fact, West Loop's Union Park is more than a playground – it doubles as an annual outdoor festival venue for the popular Pitchfork Music Festival each year. West Loop is also gaining fame for its exceptional cuisine with more celebrity chefs opening up shop in the area more than any other neighborhood.

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West Loop Real Estate

In the West Loop, residents can have that metropolitan feeling right in their backyard minus the hassle of downtown living. It's no surprise that the number of condos here have doubled in just a few years with new condominium complexes continuing to go up all the time. Since the area is up-and-coming, West Loop real estate prices are still cheaper than in parts closer to the waterfront or in established Chicago neighborhoods north of the Loop, and the population is significantly lower than in communities like River North and Lincoln Park. Plus, any complaints about it being unsafe are wearing thin: In the past two decades the West Loop has become one of the safer city neighborhoods and crime levels continue to decrease each year.

Developers here are also taking a different approach compared with other Chicago neighborhoods, vowing to preserve the charm of the area and working to integrate its history with modern living. In addition to the new developments, there are several rehab projects in the works, including loft condominiums and old warehouse buildings that are being converted into luxury units.

Check out our West Loop home sales statistics [here] to get an idea of the real estate market trends in this neighborhood.

Space to build is a high commodity in the city. As more developments go up and the West Loop grows, so will the prices. If you're in the market for a new place, we recommend checking out the West Loop sooner rather than later.

West Loop Homes for Sale

West Loop market trends

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