The South Loop is one of Chicago's first residential districts, its recent development transformed the South Loop back into a residential neighborhood. Working-class immigrants, primarily Irish, initially settled south of the young City near the river while the well-to-do built houses along Michigan and Wabash Avenues. Railroads entering Chicago in the 1850s established passenger stations and freight houses at the southern edge of the business district. The Chicago Fire of 1871 spared the area. Displaced Loop businesses found temporary quarters in the South Loop. Another fire, in 1874, ended the area's remaining residential character.
By 1900, railroad tracks filled the area from State Street to Clinton Street, serving freight depots and passenger stations - Central, Dearborn, LaSalle Street, and Grand Central - that marketed the southern edge of the central business district. As Chicago became the nation's printing center, warehouse buildings filled the narrow blocks near Dearborn Station, convenient both for printing salesmen and express shipments.
The decline of passenger trains left the rail yards vacant, while changes in the printing industry had emptied out Printers' Row. The 1973 Chicago 21 Plan reflected business leaders' worries about the derelict South Loop and called for construction of an urban new town there.
Downtown businessmen organized a corporation to build such a community, on 51 acres of Dearborn Station rail yards, and residents moved into Dearborn Park in 1979. Middle-class residents were attracted to an integrated neighborhood in the heart of the City, and a second phase was built south of Roosevelt Road after 1988.
Pioneering architects and developers recognized the potential of the warehouse buildings on Printers' Row, and they were converted to loft apartments as Dearborn Park was being built. Redevelopment spread west to the river when River City opened in 1985, and then east and south with residential conversions along Wabash and Michigan Avenues. In 1992 construction began on Central Station, a 72-acre redevelopment project on former Illinois Central rail yards east of Michigan Avenue south of Roosevelt Road.
Today, the hustle and bustle that the South Loop has to offer is appealing to both single individuals and families alike. Occupants living in the South Loop find their commute to the Loop easier than most, with all "L" trains and downtown bus lines at the grasp of their fingertips. South Loop apartments and South Loop condos for sale are beyond amazing.
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| $400,000 - $500,000 | $500,000 - $600,000 | $600,000 - $700,000 |
| $700,000 - $800,000 | $800,000 - $900,000 | $900,000 - $1,000,000 |
| Over $1,000,000 |
Elegant Gold Coast Mansion 2 Blocks From Latin School On Over Sized Lot (30 X 130). Total Rehab 2011. 5 Bedrooms And 5 Baths 3 1/2 Baths. 2/1/2 Car Gar. Elevator To All Floors. Wolfe, Meile, Sub Zero In Kitchen Areas + Butler Pantry. 9 Gas Firepl...
Exceptional Full-floor Penthouse On South Michigan Ave Cultural Mile Offers Breathtaking Panoramic Views Of Chicago Lakefront, "forever Open, Clear And Free." Step Off The Keyed Elevator Into Your Spacious Private Center Foyer And Into An Executiv...
Rare And Gorgeous 3500 S.f. Ne Corner Residence With Spectacular Views From Every Window In The Coveted "01" Tier At The Luxurious One Museum Park. One Of The Only 10 Expanded Units In The Building. The Views Are Breathtaking And Will Amaze You ...
** Virtual Tour Available Anytime** Spectacular 3000+ Sqft Private Terrace With Unobstructed Lake & Skyline Views! Over 6000+ Sqft Of Living Space Overlooking Millennium Park, Bean, Buckingham Fountain, Museum Campus, Pier! Impressive Foyer Greets...
One Of A Kind Opportunity To Own This Custom Condo That Lives Like A Single Family & Has Outdoor Space To Die For! This Stunning Gut Rehabbed Northeast Corner Home Has Jaw Dropping Views As Far As The Eye Can See From Every Room!! Looking For Incr...
Absolutely Stunning 53rd Floor 3 Bedroom / 3 Bath Condo In Prized One Museum Park East. Premier '01 Tier Boasts Sweeping, Unobstructed Forever Skyline, Lake & Museum Campus Views Through Floor-to-ceiling Windows, 3,000 Sq Ft Of Sprawling Living S...
One Of The Most Unobstructed Views In All Of Museum Campus! This Upgraded 2920 Sqft 3br+family Room, 3 Bath Unit Faces North And East, Offering Stunning Views Of The Lake, Park, Buckingham Fountain, Navy Pier Fireworks, Soldier Field And The City ...
Jaw Dropping Views Overlooking Grant Park, Millennium Park, Sky-line And Lake. This Gorgeous 3 Bed/3 Bath At The Prestigious South Loop's Museum Park West Lives Like A Single-family Home! 3,000sf Of Amazing Space In The Desirable '01 Tier. Floor ...
Gorgeous Three Bedroom, Three Bathroom High Floor Corner Unit In One Of The South Loop's Premier Luxury Full Amenity Building. Floor To Ceiling Windows Showcase The Stunning Views In Every Room. Sprawling 3,000sf Of Living Space With Contemporary ...
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Listing information last updated on April 18th, 2021 at 10:16am CDT.