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Loop:

The Loop is the center of Chicago's business, shopping and civic life. The sky is a canvas for some of the world's great architectural feats, and several sculptures, including works by Picasso and Chagall, are in the area. The Loop bustles with businesspeople during the day, and the many theatres and concert halls attract a significant crowd at night. State Street is lined with restaurants and stores, including Marshall Fields, a Chicago institution. The Loop is the meeting spot for Chicago transit lines, commuter railroads and expressways. High-rise condo towers and townhouses are the living options in the area, and prices are generally high. The boundaries of the Loop are the Chicago River to the north, Jackson Drive to the south, Lake Michigan to the east and the Chicago River to the west.

Typical Rents
Studio $700 - $1,200
1 Bedroom $800 - $1,600
2 Bedrooms $1,200 - $2,400
3 Bedrooms $1,600 - $3,200

Average Buying Price
Studio $513,000
1 Bedroom $525,000
2 Bedrooms $694,000
3 Bedrooms $1.1M

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