Dearborn Station at the end of Printers row, in the South Loop Printing House District, is the oldest train station still standing in Chicago; it has been converted to retail and office space. Most of the area south of Congress Parkway and east of the Chicago River, excepting Printer’s Row, is referred to as the South Loop. The southern boundary of the neighborhood is under debate. While the southern boundary for the community area is Roosevelt Road, the term “South Loop” is often used to describe an area that extends as far south as 18th Street or Cermak Road. Numerous shops south of Roosevelt Road with “South Loop” in their name hint that this more generous definition may be gaining recognition.
The more restrictively-defined area includes River City, the northern half of Dearborn Park, and portions of State Street, Wabash Avenue, and Michigan Avenue. The more generous definitions would include the Central Station development, Dearborn Park II, the Prairie District, and even the northern growth of Chinatown.
The major landowner in the South Loop is Columbia College Chicago, a private school that owns 17 buildings. Also to be found here is the National Vietnam Veterans Art Museum, championed by Mayor Daley.
South Loop is zoned to the following Chicago Schools: South Loop School and Phillips Academy High School. Jones College Prep High School, which is a selective enrollment prep school drawing students from the entire city, is also located in the South Loop.
The South Loop was historically home to vice districts, including the brothels, bars, burlesque theaters, and arcades. Inexpensive residential hotels on Van Buren and State Street made it one of the city’s Skid Rows until the 1970s. One of the largest homeless shelters in the city, the Pacific Garden Mission, was located at State and Balbo from 1923 to 2007. The new location is further south and across the Chicago River, at 1458 S. Canal St.
South Loop, Chicago: Historic Charm Meets Urban Convenience
South Loop is a dynamic and diverse neighborhood located just south of downtown Chicago, known for its historic buildings, cultural institutions, and modern high-rises. The area offers a unique blend of historic charm and urban convenience, making it an attractive option for both professionals and families.
Why Choose South Loop?
Historic and Architectural Appeal: South Loop features a mix of historic architecture and modern developments. The neighborhood is home to some of Chicago’s most iconic buildings, including the historic Dearborn Station and the beautiful field museum, alongside contemporary high-rises and luxury condos.
Cultural and Educational Institutions: The South Loop is known for its rich cultural offerings. It’s home to several prominent museums and institutions, including the Field Museum of Natural History, the Shedd Aquarium, and the Art Institute of Chicago. Additionally, the Chicago Police Memorial Foundation and Roosevelt University add to the neighborhood’s academic and cultural vibrancy.
Green Spaces and Recreation: The South Loop boasts several parks and green spaces, including Grant Park, one of Chicago’s largest and most famous parks, offering beautiful gardens, walking paths, and lakefront views. The Burnham Park and Museum Campus areas provide additional recreational opportunities.
Diverse Dining and Shopping: The neighborhood features a diverse range of dining options, from casual eateries to upscale restaurants. South Loop also offers a variety of shopping experiences, including local boutiques and larger retail stores, providing residents with ample choices for dining and shopping.
Convenient Transportation: South Loop is well-connected to downtown Chicago and beyond. It’s served by several CTA train lines, including the Red, Green, and Orange Lines, providing easy access to other parts of the city. Major bus routes and proximity to major highways make commuting and travel convenient.
Residential Variety: The neighborhood offers a wide range of residential options, from historic lofts and modern high-rise condos to charming brownstones and single-family homes. Whether you’re looking for a contemporary apartment or a classic Chicago residence, South Loop provides diverse housing choices.
Real Estate in South Loop
South Loop offers a variety of real estate options, catering to different preferences and budgets. Here’s an overview of typical price ranges for different property types:
Condos and Apartments:
- One-Bedroom Condos: Prices generally range from $250,000 to $500,000. Smaller or older units are on the lower end, while newer or larger one-bedroom condos with modern amenities can reach higher prices.
- Two-Bedroom Condos: Typically priced between $400,000 and $800,000. Prices vary based on location, building amenities, and interior finishes.
- Three-Bedroom Condos: Prices usually range from $600,000 to $1.5 million. Larger, luxury condos or those in prime locations with expansive views and premium features are priced at the higher end.
Lofts:
- Converted Lofts: Prices range from $300,000 to $1.2 million. Loft prices depend on factors such as size, location, and the building’s historical significance or amenities.
Single-Family Homes:
- Single-Family Homes: Prices generally start around $800,000 and can exceed $2 million. Historic homes or newly built residences in sought-after areas tend to be at the higher end of this range.
Rental Market
- Studio Rentals: Typically range from $1,500 to $2,200 per month.
- One-Bedroom Rentals: Usually between $1,800 and $3,000 per month.
- Two-Bedroom Rentals: Can range from $2,500 to $4,500 per month.
- Three-Bedroom Rentals: Rentals can go from $3,500 to $6,000 per month, depending on the unit’s size, location, and amenities.
Market Trends and Insights
- Appreciation and Development: The South Loop has seen steady growth and development, driven by its proximity to downtown and cultural attractions. The neighborhood continues to attract new residents and businesses, contributing to property value appreciation.
- Diverse Community: South Loop’s diverse housing options and cultural amenities make it appealing to a wide range of residents, from young professionals and families to retirees.
Community Highlights
- Neighborhood Vibe: Historic, diverse, and vibrant with a strong emphasis on culture and urban living.
- Walkability: Highly walkable, with easy access to public transportation, parks, dining, and shopping.
- Notable Landmarks: Grant Park, Museum Campus, Field Museum, Shedd Aquarium, Art Institute of Chicago, and historic Dearborn Station.
- Schools: The area is served by several well-regarded public and private schools, as well as nearby universities, adding to its appeal for families.
Printer’s Row, Chicago: Historic Charm and Urban Living
Printer’s Row is a historic and vibrant neighborhood located in the South Loop of Chicago. Known for its rich history, preserved architecture, and dynamic urban environment, Printer’s Row offers a unique blend of classic charm and modern convenience.
Why Choose Printer’s Row?
Historic Significance: Printer’s Row is famous for its historic significance as the heart of Chicago’s publishing industry in the late 19th and early 20th centuries. The area’s historical character is preserved through its iconic architecture, including former printing buildings that have been converted into residential and commercial spaces.
Architectural Charm: The neighborhood features a mix of historic lofts, vintage buildings, and modern high-rises. The preserved architectural elements, such as exposed brick walls and large windows, contribute to the neighborhood’s unique charm and character.
Cultural and Educational Proximity: Located near several cultural and educational institutions, Printer’s Row is close to landmarks like the Harold Washington Library Center, Columbia College Chicago, and Roosevelt University. The area’s proximity to these institutions adds to its vibrant and academic atmosphere.
Green Spaces and Recreation: Printer’s Row benefits from its close proximity to green spaces such as Grant Park, which offers extensive recreational facilities, gardens, and walking paths. Residents can enjoy easy access to outdoor activities and events held in the park.
Dining and Shopping: The neighborhood features a variety of dining options, including casual eateries, coffee shops, and upscale restaurants. While the dining scene is more subdued compared to some other neighborhoods, residents have access to nearby South Loop and downtown dining and shopping options.
Convenient Transportation: Printer’s Row is well-connected by public transportation, with several CTA train lines, including the Red, Green, and Orange Lines, providing easy access to downtown and other parts of the city. The area is also served by major bus routes and has convenient access to highways.
Real Estate in Printer’s Row
Printer’s Row offers a range of real estate options, from historic lofts to modern condos. Here’s an overview of typical price ranges for different property types:
Condos and Apartments:
- One-Bedroom Condos: Prices generally range from $250,000 to $450,000. Smaller or older units are on the lower end, while larger or more recently renovated units with modern amenities can reach higher prices.
- Two-Bedroom Condos: Typically priced between $400,000 and $700,000. Prices vary based on factors such as location, building age, and amenities.
- Three-Bedroom Condos: Prices usually range from $600,000 to $1.2 million. Larger units with premium features, views, and modern updates are at the higher end of the spectrum.
Lofts:
- Historic Lofts: Prices range from $300,000 to $1.2 million. Lofts with preserved historic elements like exposed brick and large windows are particularly sought after, impacting their price.
Single-Family Homes:
- Single-Family Homes: While less common in Printer’s Row, prices for nearby single-family homes generally start around $800,000 and can exceed $2 million, depending on size, location, and historical value.
Rental Market
- Studio Rentals: Typically range from $1,500 to $2,200 per month.
- One-Bedroom Rentals: Usually between $1,800 and $2,800 per month.
- Two-Bedroom Rentals: Can range from $2,500 to $4,000 per month.
- Three-Bedroom Rentals: Rentals can go from $3,500 to $5,500 per month, depending on the unit’s size, location, and amenities.
Market Trends and Insights
- Appreciation and Development: Printer’s Row has seen steady appreciation in property values due to its historic charm and proximity to downtown Chicago. The neighborhood continues to attract both residents and investors interested in its unique character and central location.
- Diverse Community: The neighborhood attracts a diverse mix of residents, including professionals, students, and history enthusiasts, contributing to its vibrant and dynamic atmosphere.
Community Highlights
- Neighborhood Vibe: Historic, charming, and vibrant with a mix of classic and modern urban living.
- Walkability: Highly walkable, with easy access to public transportation, green spaces, dining, and cultural institutions.
- Notable Landmarks: Harold Washington Library Center, Printers Row Park, historic printing buildings, and various cultural institutions.
- Schools: The area is served by several well-regarded public and private schools, as well as nearby colleges and universities, adding to its appeal for families and students.