Recently Sold Homes in Loop, Chicago

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Loop Real Estate Insights

Loop is located in Chicago, Illinois.

From fast food to international cuisines, there is no shortage of places around Loop to stop in and get a bite to eat, such as Italian, Mediterranean and sandwiches. The nightlife in this neighborhood has a lot to offer; there is always a good place to start for a fun night out with friends. Loop is brimming with exciting venues to keep you entertained, including museums, performing arts spots and music halls. Keep yourself fit and active with one of the many activities on offer here; boating, playing at the park and biking is just one of them. You'll find jewelers, musical instrument stores and bespoke tailors and many other stores close by, making this a good location for people to come to shop. If you want to save a good bit of money on gas and don't want the hassle of a carpool, then you are in luck; the public transportation in this neighborhood is great. Thanks to the pedestrian-friendly design of this place, many residents choose to walk around, whether to go to the store, to work, or just for leisure.

Loop will likely see a large overturn in new residents, as a significant number of the homes are not occupied by their owners. The percentage of college-educated adults in this neighborhood is more then the national average. This neighborhood is a fairly youthful area, so it's an ideal location for those who want to live among young adults.

Last year, the average listing price in Loop was $605,832, but prominently grew 16.9 percent to reach $708,050 this year. At the same time, inventory decreased slightly year-over-year in this area by 2.6 percent, reaching a total of 295 homes on the market in this year. Many of the homes in this locale have granite countertop kitchens, which are both easy to clean and durable, ready for any recipe you decide to take on! Some properties in this area boast breathtaking skyline views, allowing you to wake up to a beautiful view of your surroundings every morning. This place has a handful of penthouses to choose from, offering fantastic views combined with upscale living.