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South Loop
Real Estate and Neighborhood Information


South Loop Overview

South Loop is a part of Near South Side.

A dynamic mix of history and innovation, Chicago’s South Loop neighborhood has flourished from a once booming commercial sector into one of the city’s hottest residential areas. Much of the area’s eastern edge encompassed by the Museum Campus, home to an impressive collection of cultural institutions including the Field Museum, Shedd Aquarium, and Adler Planetarium. Sitting along the scenic lakefront, the parkland area located around the Campus is an extension of another one of the South Loop’s amazing spaces—Grant Park. Known as “Chicago’s front yard” locally, Grant Park boasts 319 acres of green space and is host to many of the city’s festivals such as the Taste of Chicago, Chicago Blues Fest, and Lollapalooza. Perfect for nature lovers and avid sports fans alike, the South Loop is also home to Northerly Island and Soldier Field. The South Loop offers a variety of dining and entertainment options, and is the location of notable Chicago restaurants including Acadia, Niu B Sushi, Eleven City Diner, and so much more.

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The South Loop is the fastest growing neighborhood in Chicago, and as such, there is a wealth of diverse and unique housing options throughout the sprawling residential blocks that make up South Loop real estate. In 2006, nearly one-half of the condos that were sold in downtown Chicago were located in the South Loop neighborhood—that's nearly twice what it was just three years earlier. Low interest rates coupled with the urban renaissance that Chicago experienced in the 1990s laid the foundation for the ensuing boom in the South Loop which continues to see major residential development today.

In 1993, Mayor Daley moved from the neighborhood he grew up in (Bridgeport) to the South Loop, serving as the symbolic start of what would become a major housing explosion. Developers flooded in, quickly followed by homebuyers, eager to move into new loft conversions and shiny new high-rises.

When it comes to South Loop real estate, old commercial and industrial buildings are being converted to fashionable lofts and it seems like a new high-rise is erected every day. If you look towards the South Loop from the south or west, you'll see almost as many cranes as there are buildings. And while the urban loft lifestyle appeals to many single working adults, young couples, and retirees, the South Loop has proven itself an ideal neighborhood in which to raise a family because of its close proximity to the Loop, Museum Campus, and Grant Park.

South Loop History

The South Loop has been quite the chameleon over the years; recent decades have seen huge transitions in the neighborhood fabric. But before we get to that, let's take a trip back in time to see what got us to where we are today.

Like most of pre-colonial Chicago, the South Loop was once Native American territory. In the 1800s, a group of working-class Irish immigrants began to settle south of the city along the Chicago River, while more affluent citizens built homes on Michigan and Wabash avenues. It is said that the South Loop was one of the first residential districts in Chicago, although it didn't maintain its residential status for long.

In the 1850s, the railroad industry set up freight houses and passenger stations in the region. When the Great Fire of 1871 struck the city, the South Loop was mainly spared, so the thriving Loop businesses moved into the area while reconstruction took place in other parts of town. The explosion of commercial activity helped spur the South Loop's development, but another fire in 1874 ended up destroying much of the residential character of the neighborhood.

Railroads were still a large part of the South Loop's livelihood, and by 1900, tracks dominated the vicinity between State Street and the western edge of the South Loop. More terminals and shipping depots were established, although later declines in passenger train travel left many of the rail yards abandoned and unused. At the same time, the South Loop neighborhood was also experiencing the rise of a prosperous cultural district with the construction of museums and public parks along the eastern waterfront property. This widely-visited section of town has become one of the city's major tourist attractions, bringing visitors from all over the world to enjoy Chicago's gigantic playground along the lake.

The past decade or so has seen the most drastic transition toward the vital, urban setting the South Loop is today. Developers, investors and city organizations have been working swiftly to meet the exciting promise of this Chicago neighborhood. In addition to newer residential buildings and condominiums conversions, restaurants, bars, boutiques, cafes, and book stores are moving in and breathing life into this near south side community on the rise.

Dream Town Knows South Loop

As Chicago neighborhood experts, Dream Town has successfully sold over number properties in South Loop. Dream Town holds a well-earned reputation for its impressive sales volume and dedication to personal, attentive service. Benefit from the Dream Town advantage when selling your South Loop home. Utilizing state-of-the-art technology, Dream Town drives more sales than any other Chicago brokerage.

List With Us

1918 South Michigan, Chicago IL, 60616 #204
Sold For $258,900
1430 South Michigan, Chicago IL, 60605 #301
Sold For $244,999
320 East 21st, Chicago IL, 60616 #713
Sold For $199,000
1720 South Michigan, Chicago IL, 60616 #2516
Sold For $240,000
50 East 16th, Chicago IL, 60616 #1304
Sold For $460,000
320 East 21ST, Chicago IL, 60616 #808
Sold For $289,000
1440 South Michigan, Chicago IL, 60605 #315
Sold For $250,000
1720 South Michigan, Chicago IL, 60616 #1610
Sold For $385,000
1620 South MICHIGAN, Chicago IL, 60616 #1024
Sold For $279,900
1400 South Michigan, Chicago IL, 60605 #701
Sold For $294,500

The Sights of South Loop

South Loop Neighborhood Photo
South Loop Neighborhood Photo
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South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
South Loop Neighborhood Photo
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Schools In The South Loop Area

See grade levels, address, and scores for schools in the South Loop area.

School Type Grade Rating

Dett Elementary School

2131 West Monroe St - public

Preschool - Middle PK-8
1

Young Magnet High School

211 South Laflin St - public

Middle - High 7-12
10

Juarez Community Academy High School

2150 South Laflin St - public

High 9-12
3

Salazar Elementary Bilingual Center

160 West Wendell Street - public

Preschool - Middle PK-8
5

Orozco Elementary Fine Arts & Sciences

1940 West 18th St - public

Preschool - Middle PK-8
7

Galileo Elementary Math & Sci Schol Acd

820 South Carpenter St - public

Elementary - Middle K-8
8

Chicago International Charter School

11 E Adams St Ste 600 - charter

Preschool - High PK-12
1

Payton College Preparatory High School

1034 North Wells St - public

High 9-12
10

National Teachers Elementary Academy

55 West Cermak Road - public

Preschool - Middle PK-8
4

Rush Day School

2150 West Harrison Street - private

Elementary - Middle 2-8
NR

Daystar School

1550 S. State Street - private

Preschool - Middle PK-8
NR

West Town Academy

2021 West Fulton Street - private

High 9-12
NR

Chicago Lighthouse

1850 West Roosevelt Road - private

Elementary - High n/a
NR

Jane Addams High School

1814 S Union Ave - private

High 9-12
NR

Suder Montessori Elementary Magnet School

2022 West Washington Blvd - public

Preschool - Elementary PK-8
3

Rauner College Prep

1337 W. Ohio St. - charter

High 9-12
9

YCCS Virtual High School

Malcolm X College Room 2416, 1900 W. Van Buren - charter

High 9-12
NR

Old St. Marys School

1474 S. Michigan Ave - private

Preschool - Middle PK-8
NR

Village Leadership Academy

800 S Wells St Ste 90 - private

Preschool - Middle PK-7
NR

Esperanza School - Intensive

520 North Marshfield Avenue - private

Elementary - High n/a
NR

School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

Surrounding Neighborhoods

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