Market Trends: 5/18/2012
South Loop
Market Snapshot
Total Properties Listed:
280
Month-Over-Month Change: +4.09%
Average List Price:
$401,170
Month-Over-Month Change: +4.02%
Median List Price:
$270,000
Month-Over-Month Change: +6.72%
Typical Property
Condo
1.91 Bedrooms
1.87 Baths
$401,170 Average List Price
$227/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$111,288
2 Bedrooms:
$236,846
3 Bedrooms:
$620,838
4 Bedrooms:
$700,000
5 Bedrooms:
N/A
Top 5 Most Viewed Properties
South Loop, IL Real Estate:
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Chicago Area: 91,646 Listings
South Loop Real Estate
About South Loop
Located directly south of the Chicago Loop, the South Loop is quickly becoming the hottest residential destination in Chicago. Filled with loft conversions, rehab and luxury condos, new developments, townhouses and single-family homes, the South Loop is setting a new standard for urban living.
The South Loop is an exciting up and coming area with easy access to the Loop, Michigan Ave, Grant Park, Soldier Field, Columbia College and the School of the Art Institute. The South Loop is also a main tourist destination as it is home to the Museum Campus, Shedd Aquarium, Adler Planetarium and the Field Museum.
Residents of the South Loop enjoy easy access to the Loop, dining, entertainment and more.