The Loop or Chicago Loop is one of 77 officially designated community areas located in the City of Chicago. The Loop is bounded on the west and north by the Chicago River, on the east by Lake Michigan, and on the south by Roosevelt Road. The Loop includes the neighborhoods of New Eastside, Printer's Row, and South Loop.
Loop currently has 273 condos for sale with an average list price of $868,725.06 and 23 lots for sale with an average list price of $33,836.96. The average annual property tax for Loop is $8,923.63.
Current Homes for Sale
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What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Loop, i.e. what's hot and what's not.
See What's Hot & What's Not in Loop
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Loop, i.e. what's hot and what's not.
Market Trends
Loop home sales for the month of July rose in volume by 10.3% when compared to last year, while the median sale price rose by 2.3% from $400,937.50 to $410,000. Condo sales rose by 10.3%, while the median sale price rose by 2.3% from $400,937.50 to $410,000.
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733
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681
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| 2023 | 2024 | ||
| # of sales per year | |||
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$395,000
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$405,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Loop
Number of Sales for Loop
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