The South Loop boundaries are 2500 South/Stevenson Expressway on the south, to the North at Jackson Blvd /300 South, and from Lake Michigan to the West to the Chicago River.
The community consists of studio, one, two, three and a small number of 4
bedroom condos, lofts, townhomes and single family homes ranging in price from
$120,000 to $1,800,000. The area also has a large range of residential rental units.
The South Loop East of Roosevelt and Lakeshore Drive is where you will find the Museum Campus , Grant Park and Soldier Field. This is a pedestrian friendly area composed of the Museum of Natural History, the Adler Planetarium, Shed Aquarium and Northerly Island - a 91 acre peninsula jutting into Lake Michigan at the heart of the Museum Campus. Recent additions to the South Loop Grant Park area include the free leash dog Grant Bark Park which is over 18,000 sq. ft, fully fenced & double-gated, a tree-lined gravel area with lighting and the Grant Park Skate park consisting of three acres of space to skate or spectate.
From 2012 to 2015 there were a net 86 new retail businesses that opened in the neighborhood. The South Loop boasts the most supermarkets within a 1 square mile than any other neighborhood-2 Jewel Food stores, Whole Foods, Mariano’s, Target, Trader Joe’s, Go Grocer, and the South Loop Market.
The area is home to major educational institutions such as the downtown campus of Depaul University, Depaul College of Law, John Marshall Law School, Roosevelt University, Columbia College, Robert Morris University, East-West University, School of the Art Institute, Jones College Prep, South Loop Elementary, South Loop Montessori, Chicago College of Performing Arts, Illinois Center for Broadcasting Chicago, Old St. Marys School and The British School. The predominance of educational institutions in the area has led to an influx of residential students who have made the South Loop their home.
The Census Bureau noted that by 2012 Chicago has gained more people within a two mile radius of City Hall—48,288, or 36.2 percent—than any other American city, including New York, in the previous decade, in both absolute & percentage terms. The largest share of these newcomers are young: ages 25 to 34. The City's estimate is that 38,000 full-time college students currently attend classes in the greater Loop.
The area is served by the CTA Red, Orange, Blue and Green train lines as well as multiple bus routes such as #’s 6, 10, 62, 29, 3, 1, 4, 12, 129, 146, and 18. The Chicago South Shore and Metra Train lines also provide rail service to the area. The South Loop also provides easy access to the Eisenhower I-290, Kennedy I-90, Edens I-94, Stevenson I-55 and the Dan Ryan I-90.
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Today's Market Trends for South Loop *
* All data pertains to single-family homes