South Loop Real Estate
Chicago's South Loop ward begins where the official downtown loop ends, bounded by Cermak Chinatown, Lake Michigan and the Chicago River. The neighborhood encompasses Printer’s Row, River City, northern Dearborn Park, Central Station and the of course the Prairie Avenue District’s gilded age mansions. The near south side neighborhood is a home buyers dream. Residential real estate is increasingly easy to find there. Older commercial and industrial buildings have been transformed into fashionable new construction lofts, luxury condominium developments seem to pop up overnight—with median price tags of around $366,250—and there are even stylish townhouses and single family homes for sale.
South Loop Neighborhood Information
Boasting three world famous museums and a wide range of shopping, dining and outdoor recreational opportunities, Chicago’s South Loop is just a great neighborhood to buy a home in and live in. Its landmark attractions range from the Chicago Bears’ Soldier Field and the McCormick Place Convention Center to the 57-acre lakefront campus housing the Field Museum, the Adler Planetarium, the Shedd Aquarium, and 12th Street Beach. Grant Park also hosts live events every summer including the Taste of Chicago, The Chicago Blues Festival, Jazz Fest and Lollapalooza. Residents don’t have to wait for summer to have live music at their fingertips though, storied local venues like Buddy Guy's Legends, Jazz Showcase, The Velvet Lounge and Reggie’s Rock Club are just steps away from their front doors.
South Loop Accessibility
Being a primarily residential area, South Loop is walkable, bikeable and particularly commuter friendly. Lakeshore Drive, I-90/94 (Dan Ryan Expressway), and the LaSalle Street Metra train station are easily accessible, and the neighborhood is serviced by multiple CTA Bus lines and the Roosevelt L train station, which provides access to the red, green, and orange lines.