Loop is Chicago’s main cultural hub — home to the Chicago Cultural Center and the Art Institute of Chicago. You can see the Chicago River, Lollapalooza, and the Willis Tower (sorry Sears) here. State St. is the Loop’s number one retail destination. You can find any chain store you can imagine here, in addition to unique options like Akira shoes. Millennium Park is located in Loop as well, making it a great neighborhood for pet owners. The Pet-friendly apartments for rent are among Chicago’s more expensive.
Welcome to the Loop, the core of Chicago, Illinois! The life here is fast-paced, have no doubts about it, but what you get instead is the feeling you’re forever eighteen (or better twenty-one, to get the fullest out of the Loop nightlife). No wonder locals say something’s always happening here.
The Loop is famous for its opportunities, its business, and its architecture: several signature skyscrapers of Chicago are here (Home Insurance Building, the first skyscraper in the world, Chicago Board of Trade Building, the Sears Tower, Aqua Tower, to name a few). And there’s more to the architecture of the Loop, Chicago – just look at the famous works by van der Rohe and Sullivan. Not only architecture; the residents adore the Loop because it’s always buzzing with life and never ends on entertainment. Get a taste of quintessence of life in a big city!
The Loop boasts to be one of the largest business district in the US (second only to Manhattan): financial and banking giants like Chicago Mercantile Exchange, Aon Corporation, and Chase Bank headquarter in the Loop. Red & White, United Airlines, Morton Salt, and several other grand employers of international significance are located in the famous skyscrapers of this business district. Throw in several dozens of diplomatic missions and national universities to gain a full picture of the employment market of the Loop, Chicago.
The area is crammed with students: Roosevelt University, Tribeca Flashpoint Media Arts Academy, and Columbia College Chicago are all located in the Loop, Illinois, not to mention the campus of DePaul University. The major age group here is 18 to 34; young, well-educated, white-collar professionals prevail. Diversity is welcomed, ethnic, economic, or otherwise. Probably the Loop is not the strongest place for the warm-hearted community spirit. Instead, the incomes here soar to the skies: people are hard-working and ambitious.
In such a tightly-packed urban area, you can no longer thrive without some culture, shopping, and gourmet dining spots. Stroll along any of the streets of the Loop, and you’ll stumble into an award-winning restaurant or an incredible public space. Theater District entertains you with some best shows in the US. The Chicago Cultural Center and the Art Institute of Chicago compete for your attention in art. For outdoor spaces, choose between Millennium Park, Chicago Riverwalk, or Maggie Daley Park.
|Rent Price||Feb||vs Last Month|
|1 bed rentals||$1,706||-6.3%|
|2 bed rentals||$1,996||-8.1%|
|3 bed rentals||$2,251||-9.3%|
|4+ bed rentals||$2,127||-1%|
|Rent Type Price||Feb||vs Last Month|
Over the Apr 2020, the average rent for an apartment in/near Chicago Loop, Chicago, IL decreased by 6.5% to . Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 6.8% to . Pricing for 2-bed apartment also decreased by 8.9% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it decreased by 10.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 1.1% and made it down to .
The median rent for an apartment in Chicago Loop, Chicago, IL decreased by 5.5% to . Statistics show that house rent price decreased by 4.3% this month making it up to . Condos faced an upward trend these days. The median rent for a condo decreased by 38.4%, it’s now available for . You can now rent a duplex for , duplex rent price decreased by 5.3% this month. The median rent for a loft faced changes as well, it increased by 1.3%, the price tag now starts at . An average room will now go for , the median rent price for a room increased by 1%.
Living in the Loop is an incredible experience for any modern urban dweller, especially those who are energetic and eager to get the most. Just picture all those skyscrapers around; what a view, sunrise or sunset! The studio apartments for rent in the Loop are something to die for: fashionable, stylish, exquisite state-of-art. There’s the place for envy.
State Street is the paradise for shoppers – choose your 1-bed townhouses for rent nearby so you won’t need to carry all those bags for too long. Outdoor spaces are always a good choice: morning runs won’t be a problem anymore. And forget about the traffic: apartments for rent with the parking in the Loop give you the opportunity of living just around the corner from your office. Isn’t that a dream come true?