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 $1,449,999, 1 townhouse for sale with a list price of $785,000, 178 condos for sale with an average list price of $718,977.13, and 7 lots for sale with an average list price of $2,456,571.43. The average annual property tax for West Loop is $9,271.97.
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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 HOA fees range from $300 to $300 per month. 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 10 condos for sale with an average list price of $511,279.90. The homes range in size from 1,280 ft2 to 3,300 ft2. The HOA fees range from $734 to $3,707 per month. The average annual property tax for 1000 Lake Shore Plaza is $9,678.82. 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 6 condos for sale with an average list price of $476,500. The homes range in size from 1,324 ft2 to 2,100 ft2. The HOA fees range from $503 to $882 per month. The average annual property tax for 1000 W. Adams is $8,050.29. 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: $513,000 |
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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 HOA fees range from $608 to $608 per month. 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 6 condos for sale with an average list price of $854,666.67. The homes range in size from 1,000 ft2 to 3,500 ft2. The HOA fees range from $570 to $1,621 per month. The average annual property tax for 1000 W. Washington Lofts is $10,834.64. 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: $505,000 |
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Buildings/Subdivisions
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Market Trends
West Loop home sales for the month of October rose in volume by 56.3% when compared to last year, while the median sale price rose by 3.8% from $457,450 to $475,000. Condo sales rose by 54.8%, while the median sale price rose by 6.7% from $445,000 to $475,000. Townhouse sales rose by 100%, while the median sale price decreased by 14.4% from $1,020,000 to $873,500.
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$450,000
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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 5 new homes for sale with a master bedroom on the first floor during the month of Saturday, October 25 to Friday, October 31, including 5 ...
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West Loop had 10 new homes for sale during the week of Friday, October 24 to Thursday, October 30, including including 10 condos for sale with an average list price ...
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West Loop had 5 sales during the week of Tuesday, October 21 to Monday, October 27, including including 1 townhouse for sale with a list price of $850,000 and 4 ...
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West Loop had only 1 new foreclosure and/or short sale during the week of Monday, October 20 to Sunday, October 26, and it was a condo for sale with a ...
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West Loop had 17 new homes for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, including 17 ...
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