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About Us | Our Agents | ||||||||||||||||||||||||||||||||||||
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The Loop! The heart of the business district is the Loop, taking its name from the loop the elevated tracks make around downtown. Physically bounded between Franklin on the west, and Wabash on the east, Van Buren on the south and Lake Street on the north, the downtown area continually expands beyond these boundaries. This is the downtown area, the commercial and business heart of Chicago and lies largely south of the Chicago River. The city's rationalized street numbering system starts in the Loop at State and Madison. During the 1950’s, Chicago's magnificent downtown--like those of other major cities--fell into decline as people fled to live in the suburbs. Towards the end of the 20th century the downtown area began to turn around, as projects aimed at revitalizing got under way. As with other metropolitan areas around the country, Chicago's downtown is seeing a trend towards residential living. Old office buildings are currently being renovated into luxury condominiums and hotel use. Additional structures are being turned into state-of-the-art high-tech office centers. More Info (Wikipedia) Click Here for a 15 Year Market Snapshot of the Loop area! Current Price Ranges in the Loop
Last Year 96 Properties Sold for an Average Price of $436,337.   |
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