South Loop - Chicago neighborhood

Now let's take a look at the popular South Loop neighborhood.  Parts of this
neighborhood information was contributed by Wikipedia. The Wikipedia article
may be viewed in its entirety by
clicking here.


South Loop

Most of the area south of Congress Parkway and east of the Chicago River, possibly
excepting Printer's Row, is referred to as the South Loop. The southern boundary of the
neighborhood is under debate. While the southern boundary for the community area is
Roosevelt Road, the term "South Loop" is often used to describe an area that extends as
far south as 18th Street or Cermak Road. Numerous shops south of Roosevelt Road
with "South Loop" in their name hint that this more generous definition may be gaining
recognition.

The more restrictively-defined area includes River City, the northern half of Dearborn
Park, and portions of State Street, Wabash Avenue, and Michigan Avenue. The more
generous definitions would include the Central Station development, Dearborn Park II,
the Prairie District, and even the northern growth of Chinatown. In 2006, the Prairie
District Neighborhood Alliance, a 501(c)(3) non-profit organization was formed to provide
representation for thousands of South Loop residents.

The major landowner in the South Loop is Columbia College Chicago, a private school
that owns 17 buildings. Also to be found here is the National Vietnam Veterans Art
Museum, championed by Mayor Daley.

South Loop is zoned to the following Chicago Public Schools: South Loop School and
Phillips Academy High School. Jones College Prep High School, which is a selective
enrollment magnet school drawing students from the entire city, is also located in the
South Loop.

The portion of the Near South Side located east of Lake Shore Drive contains some of
the most well-known structures in Chicago: Soldier Field (the home of the National
Football League Chicago Bears), the eastern half of McCormick Place (Chicago's
primary convention center), the Museum Campus (which contains the Field Museum of
Natural History, the Shedd Aquarium, and the Adler Planetarium), and Northerly Island.
The remaining area is currently undergoing a major residential and mixed-use
redevelopment.


South Loop Demographics


Household Income        

<$10,000___________15.3%        
$10,000-$14,999_____3.7%         
$15,000-$24,999_____6.9%         
$25,000-$34,999_____6.2%         
$35,000-$49,999____13.6%        
$50,000-$74,999____16.3%         
$75,000-$99,999____12.4%        
$100,000-$149,999__13.3%        
$150,000-$199,999___6.9%         
$200,000+___________5.4%



Now let’s take a look at the South Loop Real Estate market.  The South Loop is a very
popular neighborhood.   I feel that this area is an excellent area to invest in. This is
because this area is so close to all that downtown has to offer:
jobs, shopping, restaurants, museums, parks, etc.   

For this analysis, I looked at sales in the Loop and Near South
neighborhoods. I used "500 South" as my north boundary and I used "1800 South"
as my south boundary.



Please
contact me for more information on buying a South Loop Condo.
south loop chicago, south loop real estate,south
loop chicago condos, south loop condo,south
loop condos, south loop chicago
investment,south loop properties, south loop
lofts,south loop loft, chicago investment properties
For Sale
For Rent
MARK KILLION
Real Estate Broker
Kale Realty
548 W. Roosevelt
Chicago, IL 60607

Send_Mark_An_E-mail