Market Trends: 3/11/2010
West Loop
Market Snapshot
Total Properties Listed:
226
Month-Over-Month Change: +13%
Average List Price:
$335,352
Month-Over-Month Change: -1.21%
Median List Price:
$303,950
Month-Over-Month Change: +1.35%
Typical Property
Townhouse
1.84 Bedrooms
1.72 Baths
$335,352 Average List Price
$269/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$247,206
2 Bedrooms:
$332,892
3 Bedrooms:
$530,437
4 Bedrooms:
$532,966
5 Bedrooms:
N/A
West Loop, IL Real Estate:
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Chicago, IL
Real Estate Listings
MLS Home Search
Chicago, IL: 108,083 Listings
West Loop Real Estate
About West Loop
Chicago’s West Loop is becoming an increasingly popular residential area because of its close proximity to the Loop, and the number of readily available lofts and condominiums. As the primary loft district in Chicago, the West Loop has been compared to New York’s Soho as many buildings are being converted to “true lofts” with exposed ceilings and brick walls. The West Loop also features many up and coming restaurants, hip bars, dance clubs and art galleries. The West Loop is situated between Lake, Kennedy Expressway, Eisenhower Expressway and Ashland.
West Loop residents also enjoy easy access to Greek Town, Little Italy, Fulton Market, the University of Illinois at Chicago and the United Center - home of the Chicago Bulls and Blackhawks.
Buying a New West Loop Home?
Buying a West Loop home can be a daunting task. Before setting out on your house hunting journey, you should
know what you really want to find. Take some time to list all the features that are most important to you and your
family. Here are a few ideas to consider in looking for a West Loop home to purchase:
- Location – West Loop has a good number of wonderful areas to choose from. Also think about your proximity
to quality schools, medical facilities, and shopping markets.
- Size – Do you need a certain number of bedrooms or bathrooms? Don’t forget about closet space
- Parking – Is a covered garage important to you?
- Style – 2-story house or ranch style home? New or older home?
- Air Conditioning & Heating – central heating and/or air conditioning can be a savior in West Loop.
As you browse homes on , keep these ideas in mind. Your list may change over time as you do more looking.
You may want to add or remove features, or perhaps you'll become willing to make compromises to find the West Loop home
that is the best fit for your family. With hundreds of beautiful West Loop homes to choose from, you’ll surely find the
one for you. Get started now.
Selling your West Loop Home?
Selling your West Loop home through Prairie Shore Properties is the right decision. Our agents are here to guide you
through a potentially complicated process. You deserve top-dollar for your property and Prairie Shore Properties is committed to marketing
and selling your home. All of our agents are certified REALTORs® and they are determined to give you peace of mind
throughout the home selling process. With years of experience in the West Loop home market, our team has the secret recipe
for attracting the right kind of home buyers at just the right time. Choosing Prairie Shore Properties is a wise decision. Learn a bit
more about our agents here.
Apply for a Home Loan to purchase your West Loop home?
The West Loop home market is highly active at this time. Interest rates continue to hover near record lows and it’s never
been easier to finance your West Loop home purchase —whether it’s your first home purchase, a vacation property, or a retirement
townhouse. Find out how much house you can afford, learn about settlement and closing costs, and access the most current
lending rates through our preferred mortgage partner.