West Loop is a neighborhood in the Near West Side area of Chicago. The West Loop lies along the western bank of the Chicago River and is bordered by Grand Avenue on the north, Ashland Avenue on the west and the Eisenhower Expressway on the south. The West Loop is home to many popular Chicago Restaurants. It is a former manufacturing and warehousing area and many of the buildings have been converted to loft condominiums, restaurants, bars and art galleries.
West Loop currently has 1 single family home for sale with a list price of $1,499,999, 3 townhouses for sale with an average list price of $740,000, 196 condos for sale with an average list price of $714,881.24, and 5 lots for sale with an average list price of $1,623,100. The average annual property tax for West Loop is $9,196.98.
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Schools
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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 West Loop, i.e. what's hot and what's not.
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Recent Sales
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Buildings/Subdivisions
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1 N. Bishop is a condo building in the West Loop neighborhood of Chicago, Illinois, built in 1999. It currently has no homes for sale. The homes range in size from 3,200 ft2 to 3,400 ft2. The average annual property tax for 1 N. Bishop is $15,849.34. It is located in Cook County. 1 N. Bishop Avenue is a 16 unit townhouse building built in 1999. 1 N. Bishop Avenue is located in the West Loop neighborhood of Chicago.
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Median Price: $1,055,000 |
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1000 Lake Shore Plaza is a condo building in the Rush & Division neighborhood of Chicago, Illinois. It currently has 3 condos for sale with an average list price of $533,266.67. The homes range in size from 1,280 ft2 to 3,300 ft2. The average annual property tax for 1000 Lake Shore Plaza is $9,681.75. It is located in Cook County. 1000 Lake Shore Plaza Condominiums is located in the Gold Coast neighborhood of Chicago, Illinois at 1000 N Lake Shore Drive. Amenities include doorman, indoor pool, exercise facility, valet parking and party room. It is close to Lake Michigan, shopping, restaurants, public transportation and expressways.
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Median Price: $345,000 |
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1000 W. Adams is a condo building in the West Loop neighborhood of Chicago, Illinois, built between 2000 and 2002. It currently has 1 condo for sale with a list price of $345,000. The average annual property tax for 1000 W. Adams is $8,060.45. It is located in Cook County. 1000 W Adams is a condo mid-rise building built in 2000. 1000 W Adams is located in the West Loop neighborhood in Chicago, Illinois.
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Median Price: $482,000 |
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1000 W. Monroe is a condo building in the West Loop neighborhood of Chicago, Illinois, built between 2017 and 2018. It currently has no homes for sale. The homes range in size from 1,969 ft2 to 3,500 ft2. The average annual property tax for 1000 W. Monroe is $21,703.57. It is located in Cook County. 1000 W. Monroe is a 12 unit luxury condo building built in 2017. 1000 W. Monroe is located in the West Loop neighborhood of Chicago.
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Median Price: $1,160,000 |
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1000 W. Washington Lofts is a condo building in the West Loop neighborhood of Chicago, Illinois, built between 1882 and 1930. It currently has 8 condos for sale with an average list price of $541,737.50. The homes range in size from 1,000 ft2 to 3,500 ft2. The average annual property tax for 1000 W. Washington Lofts is $10,676.79. It is located in Cook County. 1000 W Washington is a loft building located in the West Loop neighborhood in Chicago, Illinois. Amenities include 24/7 door staff, bike storage, party room and sun deck.
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Median Price: $615,000 |
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Buildings/Subdivisions
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Market Trends
West Loop home sales for the month of June decreased in volume by 21.7% when compared to last year, while the median sale price rose by 5.6% from $445,000 to $470,000. Condo sales decreased by 19.7%, while the median sale price rose by 9.9% from $427,500 to $470,000. Townhouse sales stayed the same, while the median sale price decreased by 37.3% from $1,020,000 to $640,000.
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$460,000
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$455,000
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Median Sale Price for West Loop
Number of Sales for West Loop
Market Trends
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Real Estate News
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West Loop had 7 sales during the week of Tuesday, July 22 to Monday, July 28, including including 7 condos for sale with an average list price of $391,271.43.
$435,000
125 S ...
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West Loop had only 1 new foreclosure and/or short sale during the week of Monday, July 21 to Sunday, July 27, and it was a condo for sale with a ...
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West Loop had 20 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, including 20 ...
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West Loop had 24 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 24 condos for sale with an average list price ...
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West Loop had 6 sales during the week of Tuesday, July 15 to Monday, July 21, including including 6 condos for sale with an average list price of $608,050.
$699,900
35 S ...
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