South Loop Real Estate News

Information about South Loop real estate news. Read about everything happening around South Loop, including new construction updates, market tidbits, and anything that relates to commercial and residential real estate in South Loop. Also start browsing active South Loop real estate for sale, or contact Gold Coast Realty for help with your home or condo search around Downtown Chicago.

There are currently 27 blog entries related to this category.

Two new apartment projects are in the works for Chicago’s South Loop. The first apartment tower is slated for Wabash Avenue, while the other building is planned for LaSalle Street.

The Wabash Avenue plan is proposed to go in where a parking lot now sits at Wabash and Van Buren. The 24-story apartment tower plans for nearly 350 rental units. More than 200 of them would likely be efficiency units, while the others are planned to consist of one-bedroom, two-bedroom and even three-bedroom floor plans.

The other property, meanwhile, sits only about three blocks away. The proposed apartment building would stand 17-stories high and would include several fully furnished private bedrooms with shared common space. Rental prices would include the furnished unit,

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South Loop development is booming right now, and in case you haven't noticed, here's a closer look at 3 of the neighborhood's newest jaw-dropping additions..

NEMA

Right on Grant Park, NEMA serves up 76-stories of luxury overlooking Chicago. As the tallest residential rental building in the city, the new NEMA tower provides everything from studios to four-bedroom rentals, complimented by such unique amenities as a golf simulator, indoor and outdoor swimming pool and a boxing gym.

1000M

Another luxury option sits right on Michigan Avenue. The sophisticated 1000M enjoys everything from a cozy one-bedroom floor plan to a sweeping penthouse unit. The new building also provides for a sun deck and outdoor swimming pool, a spa, a library and a Sky

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The Chicago city housing market cooled in the first quarter of the year, with the city performing much like the suburbs. Of the city’s 77 neighborhoods, sales were down in more than half of them during the first few months of 2019. Local agents have seen homes in some neighborhoods take longer to sell than they did during the same time period a year ago.

Analysts look at three key measures in determining a local market’s vitality. This includes the number of homes sold, the average time homes sit on the market and the median sale price.

In condos and townhomes specifically, no city neighborhoods saw improvements of all three measures during the first quarter of the year. In fact, only two neighborhoods in the Chicago area saw improvement in all three key

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Chicago-based developer Draper & Kramer has officially started work on a new 24-story, 275-unit apartment tower at 2111 S. Wabash Avenue. Despite securing City Council approval back in 2016, the firm was apparently waiting on other development near McCormick Place to happen before starting construction for their latest South Loop project.

Major development throughout Chicago’s South Loop neighborhood certainly isn't lacking and has actually been fairly widespread in recent months and years. The new Wintrust Arena project and a number of hotels have recently been added to the area’s landscape, and high-profile projects like NEMA, Essex on the Park, and 1326 S. Michigan are also getting closer to being finished as well.

Renderings on the new 2111 S. Wabash

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The South Loop apartment market is booming right now and it's showing no signs of slowing down. Here's a closer look at where you might find a great luxury apartment or condo for rent in the neighborhood heading in the busiest time of year for home buyers and renters.

1345 S. Wabash

The newer construction designs of 1345 S Wabash offer the enjoyment of modern, loft-style living in the South Loop. At the same time, the building’s affordability is certainly something you won’t want to overlook in 2019. The property offers up such desirable extras as hardwood flooring and high, exposed concrete ceilings.

1407 S. Michigan

With nearly 200 rentals in all, 1407 S Michigan allows for everything from studios to three-bedroom apartment homes. The South

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One of the most ambitious new projects in recent memory is reportedly in the works, and it’s a development that could drastically alter the lakefront landscape as we know it. According to a report from Crain’s, plans could potentially call for a mix of residential, office, and retail space that would encompass roughly 34 acres OVER the railroad tracks just west of Solider Field.

As mentioned in the Crain’s report, Wisconsin developer Bob Dunn, along with Chicago developer Gerald Fogelson, who purchased the air rights over the railroad tracks over 20 years ago, are part of the development group leading the effort, and their proposal will also be presented to the public by Alderman Pat Dowell, whose ward includes the development site.

If approved, the

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South Loop Condos Under $300KChicago's South Loop neighborhood is loaded with high-end condos that often feature some of the best city and lake views in town. But along with all the luxury condo residences you'll find just south of the Loop, it's also a place where buyers should find a nice variety of options under $300,000 as well.

1345 S. Wabash

With nearly 150 different units to choose from, 1345 S Wabash offers plenty of options for buyers in the South Loop. Currently, selections include one-bedroom, one-bath residences for well under $300,000.

1111 S. Wabash

Additional options exist within 1111 S Wabash. This building also offers a one-bedroom, one-bath unit for under $300k, additionally complete with a large terrace and building amenities ranging from a roof deck to

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Thinking of buying a condo in the South Loop? Well, before making any final decision, check out which South Loop condo buildings offer the best views of the city and Lake Michigan. What you'll find may just impact whatever you decide for the better...

The Grant - 1201 Prairie

Rising up more than 50 stories, 1201 Prairie enjoys amazing park, lake and city skyline views. A short walk from some of the area’s most popular attractions, floor-to-ceiling windows and private balconies only compliment the space.

1000M - 1000 S. Michigan

At more than 70 stories, the glass tower at 1000 S Michigan is also expected to deliver amazing views of the lake, downtown, as well as Millennium Park and Grant Park. This new building enjoys everything from a

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Chicago is widely considered to be one of the most dog-friendly cities in the country. With over 20 individual off-leash dog parks in the town and dozens of high-rise condo buildings that not only allow dogs inside the building, but also feature a host of in-building amenities that specifically relate to pet owners, it's certainly hard to argue otherwise. 

But if you're looking for a new condo or home for sale around the downtown area however, pet facilities are a bit more scarce and there aren't quite as many dog parks available to home owners on, say, the north and west sides of town. So if you're trying to balance a great downtown Chicago location with easy access to a downtown dog park as well, here's a closer look at where you may want to begin

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Downtown Chicago isn’t short sweet residential loft conversions, especially in neighborhoods like River North and the West Loop. But if you don’t mind living a bit further south, or perhaps just want a little more bang for your buck, Chicago’s South Loop neighborhood also has quite the selection of fabulous lofts currently on the market, starting with what you’ll find in these top buildings.

1530 S. State

Sometimes called Dearborn Tower, 1530 S State enjoys loft-style units with a number of spacious floor plans. In addition, many of the residences of this building offer the advantage of exceptional skyline views from the private units and from the building’s sundeck, as well as an array of other added amenities.

711 S. Dearborn

The options are

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