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South Loop

Why you'd want to live in South Loop

The South Loop is one of Chicago’s most dynamic and rapidly evolving neighborhoods, offering an ideal blend of urban energy, historic charm, and lakefront access. Located just south of the Loop—the city’s central business district—the South Loop has transformed over the last two decades into a vibrant residential hub known for its sleek high-rises, converted lofts, and new luxury developments. It’s a favorite among professionals, creatives, and families seeking proximity to downtown with a slightly more relaxed vibe. One of the South Loop’s standout features is its direct access to some of Chicago’s most iconic landmarks, including Grant Park, the Museum Campus (home to the Field Museum, Shedd Aquarium, and Adler Planetarium), and Soldier Field. Lake Michigan’s shoreline is just steps away, offering biking and jogging paths with stunning city and water views. South Loop also has a rich history—it was once home to the city’s famed Printer’s Row, a historic district now filled with charming loft conversions and bookshops. That same mix of old and new defines the area today. You’ll find a range of architecture, from 19th-century buildings to modern glass towers, giving the neighborhood a visually eclectic appeal. The culinary scene here is equally diverse, offering everything from trendy cafes and rooftop lounges to classic Chicago deep-dish spots and international cuisine. Roosevelt Road acts as a major corridor with shopping options, including big-box retailers and independent boutiques. The neighborhood is also well-connected by public transit, with multiple CTA train and bus lines, making it easy to navigate the rest of the city. With its strategic location, cultural richness, and evolving skyline, the South Loop is a prime choice for those who want to live at the crossroads of nature, history, and modern city life. Whether you’re seeking a walkable lifestyle, panoramic lake views, or a front-row seat to Chicago’s constant evolution, the South Loop delivers.

South Loop Market Report

$472,350

AVERAGE PRICE OF 223 HOMES

$424,900

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$415,779

AVERAGE PRICE OF 10 HOMES WITH A POOL

$1,648,642

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$499,966

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

$342,400

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $472,350
Avg Bedrooms 1.96 beds
Avg Bathrooms 1.77 baths

Average Price by Bedrooms

1 bedroom $270,248
2 bedrooms $425,946
3 bedrooms $697,073
4 bedrooms $1,252,149
5 bedrooms $1,799,000
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Phillips Academy High School 38 $630,110 92 days
Jones College Prep High School 12 $431,808 91 days
Tilden Achievement Academy High School 1 $365,000 26 days
Wells Community Academy High School 1 $300,000 41 days
South Loop Elementary School 1 $205,000 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 223 $472,350 81 days
Newly Built Homes 3 $424,900 49 days
Homes with a Pool 10 $415,779 87 days
Multi-Million Dollar Homes 14 $1,648,642 97 days
Reduced Price Homes 3 $499,966 100 days
Distressed Homes 2 $342,400 175 days
Compass Chicago
Rose Alvarez
2350 N Lincoln Ave
Chicago, IL 60614
773-255-8643

Based on information submitted to the MLS GRID by MRED as of December 8, 2025 11 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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