As one of Chicago's oldest residential neighborhoods, the South Loop has been reborn. Its prime location hosts many high-rise luxury units for sale and rent. Several of Chicago's major attractions reside here, including McCormick Place and Soldier Field, home of the Chicago Bears. The South Loop is bound in the north by Congress Pkwy, the east by Grant Park, and in the southwest by Chinatown. South Loop encompasses Museum Campus, the beautiful Northerly Island, Dearborn Park and Printer's Row. The CTA's Orange, Red, and Green Lines serve the area.
Residents of the South Loop pay a premium rent for their places. Median rent for a one-bedroom is $1,800 but one can expect to pay well north of $2,000 for a luxury apartment and over $3,000 for a great two-bedroom rental. A majority of apartments and condos in the area are in complexes of 50 units or more.
The South Loop was one of Chicago's first residential areas, and was lucky to be spared in…
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