West Loop Real Estate News

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

There are currently 41 blog entries related to this category.

Looking for a classic urban loft in Downtown Chicago this spring? We know just where you should begin your search...

711 S. Dearborn

With open floor plans and impressive additions, the uniquely designed 711 S Dearborn allows for exposed brick and timber lofts in Downtown Chicago. Buyers can expect to find plenty of charming attributes, including a location that’s steps away from dining and public transportation.

360 W. Illinois

Also called the Sexton Lofts, 360 W Illinois enjoys timber lofts with a location close to shops, galleries and dining. This River North building provides its residents access to a rooftop deck, fitness center and a doorman.

312 N. May

New buyers can expect to find high ceilings and hardwood floors with the timber

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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 condo buyers are sure to be in for a treat when it comes to 1000 W Monroe. This new construction property offers plenty to love, from its location to its added features.

The Neighborhood

Found in Chicago’s West Loop, Mille at 1000 West Monroe puts its future residents just a short stroll from everything you need and desire in the area. This coveted neighborhood also makes it easy to get around the rest of the Chicago area.

The Exclusivity

Another reason to fall in love with the property is its exclusivity. The building only has a dozen units to choose from. With just two residences per floor, it’s sure to be one of the most desirable new options for buyers.

The Living Spaces

The third great reason to choose 1000 W Monroe is the

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The West Loop is about to gain a new condo project. The same developer behind the 1000M high-rise plans for a seven-story condo building across from Skinner Park.

That 42-unit building will bring condos to an area that’s been much more focused on rentals lately. The new glass and gray brick building plans for the option of a two- or three-bedroom floor plan with designs ranging from 1,200 to 2,000 square feet of living space.

Plans call for a more affordable entry price, delivered with more limited amenities than other buildings in the area. The West Loop location, however, is expected to be an enticing extra, with the nearby park and dog park.

Located at Loomis and Monroe, the condos take the place of a former nursing and treatment center. Developers hope

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The McDonald’s-effect continues to have a huge impact on the West Loop’s west side as 2 more buildings recently sold for well over what was paid for each just a few years ago.

According to a new report from Crain’s, a New York-based investor just unloaded 1100-08 and 1114. W. Randolph to Chicago-based L3 Capital for $12 million, netting quite a profit in the process. As mentioned in the report, Gilman Management paid just $3.7 million for the buildings back in 2013 and 2014.

Back in 2014, MTV’s “The Real World” was filmed in the two-story building at 1100-08 Randolph, while the other building, which was the former home of Tete Charcuterie, no doubt saw a major jump in value once McDonald’s recently opened their spectacular new headquarters across the

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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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If you’re working within a budget, you can still find some great choices in the West Loop. Some of the top loft buildings in the area offer options under $600,000.

1000 W. Washington

This includes the available units of 1000 West Washington Lofts. The property delivers loft-style homes, each with its own unique design. Many of the homes additionally feature high ceilings, exposed brick and beams, plus a price point under $600,000.

1040 W. Adams

Another place to search is 1040 W Adams. The No Ten Lofts are just steps away from some of the area’s best restaurants and attractions. This converted warehouse and factory houses more than 200 loft condos, ranging from studios to three-bedroom designs.

933 W. Van Buren

Finally, other options

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Work Live Spaces ChicagoIt seems more and more people are starting to work from home, at least during part of the work week, and if you find yourself in a somewhat similar situation, it’s important to consider not only your personal needs when looking for a new condo for sale in downtown Chicago, but also your professional needs as well.

A Forbes article from 2013 estimated 30 million Americans work from a home office at least once per week, with a study from Telework Research Network estimating that number is expected to increase by 63% in the next five years. New technologies like video conferencing are making travel and office expansion less necessary, which is just one contributing factor in the growing trend of working from home. Other benefits include cutting down on

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If you’re thinking about purchasing a loft-style home in the near future, we have several West Loop loft buildings you’ll want to consider.

400 S. Green

Also known as the Green Street Lofts, 400 S Green presents modern lifestyle options within a more historic setting. Originally constructed in the late 1800s, the reimagined building now house dozens of lofts, many of which have been additionally updated in recent years. It’s common to find plenty of exposed brick and ductwork, plus high ceilings and the option of on-site parking.

1017 W. Washington

Buyers are also treated to exposed brick and timber within 1017 W Washington. The West Loop property additionally provides a common rooftop deck plus the enjoyment of living close to some of

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It’s a mixed bag for luxury condo prices in Chicago right now. While some buildings are selling for a higher price per square foot, others are down in price.

Perhaps one of the biggest names right now is Trump, and reports suggest the condos at Trump International Hotel & Tower are among those down in price. According to some published reports, the sale price per square foot within the Chicago River tower was down about 12-percent from 2016 to 2017. In comparison, reports list the average sale price per square foot in 340 On the Park, located in Lakeshore East, up about 12-percent during the same time period.

While some brokers suggest it could be a reflection of the Trump presidency, others suggest increasing completion from newer construction, luxury

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