Market Trends: 5/18/2012
West Loop
Market Snapshot
Total Properties Listed:
226
Month-Over-Month Change: +.89%
Average List Price:
$297,770
Month-Over-Month Change: -1.93%
Median List Price:
$260,000
Month-Over-Month Change: -.93%
Typical Property
Condo
2.01 Bedrooms
1.88 Baths
$297,770 Average List Price
$223/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$173,941
2 Bedrooms:
$254,151
3 Bedrooms:
$483,926
4 Bedrooms:
$476,740
5 Bedrooms:
N/A
Top 5 Most Viewed Properties
West Loop, IL Real Estate:
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Chicago Area
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Chicago Area: 91,646 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.