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Renting Loop Luxury Apartments and Condos

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The Loop, Chicago’s downtown, attracts millions of visitors from all over, every year. The Loop is bound by The Chicago River to the north and west, with Lake Michigan and Roosevelt Road at its borders. It derives its name, the “Loop,” from El trains which run throughout the neighborhood in loops, along Lake Street, Wabash Avenue, Van Buren Street, and Wells Street; this elevated railway was added in the late 19th Century as a means of convenient public transportation.

 

In addition to serving as the city’s central downtown area, with numerous noteworthy attractions, Chicago Loop condos and modern Loop apartments are now available and highly sought after for their prime downtown location.

Points of Interest

Home to the city’s Central Business District (CBD)—the second largest in the country—the Loop houses many office buildings and retail centers. Being the CBD, the Chicago Board of Trade, the Chicago Mercantile Exchange, and the Willis Tower (formerly, the Sears Tower, the world’s tallest building for nearly 25 years) can all be found here. But there is far more to what makes the Loop such a frequently visited part of Chicago, such as its amazing attractions.

Attractions

The Chicago Cultural Center features more than 1,000 programs and exhibitions, ranging from the performing arts to visual and literary arts. The Museum of Contemporary Art, one of the largest contemporary art venues in the world, is also conveniently located in the neighborhood.

 

You can catch a live performance by the renowned Chicago Symphony Orchestra in the Loop at nearby Orchestra Hall. For the lover of the stage, the Goodman Theatre, the Chicago Theatre, and the Civic Opera House provide the very best of Chicago’s professional performing arts offerings. The historic Auditorium Theatre, also in the Loop, is a great place to appreciate Richardsonian Romanesque-style architecture while enjoying a performance by the Joffrey Ballet.

 

Whatever your interests, the Loop is a great place to explore and expand upon these fascinations, as well as to discover new and exciting pastimes!

Shopping

The large State Street shopping corridor is a shopper’s haven, with department store chains, boutique stores, as well as department flagships, such as Marshall Field’s and Carson Pirie Scott, offering shoppers a wide range of both high-end and affordable outfits and accessories. This makes the Loop home to the professional shopper and window shopper alike! At Block 37, you’ll enjoy a wide variety of shopping options including AKIRA Chicago, Anthropologie, North & Hudson, among others. Also in the Loop, you are Nordstrom Rack, Kelly’s Flower Shop, and Brideside Chicago.

Dining

The Loop is a great place to meet friends and enjoy a savory meal, whether it’s a classic steak at one of Chicago’s top steakhouses, like the Grillroom Chophouse & Wine Bar, or German favorites at the Berghoff Restaurant, Italian eats at the Florentine or Tesori Trattoria & Bar, or even lobster at Luke’s Lobster City Hall, the Loop has something for every unique yearning. If you are craving gyros, Chicago Loop’s offerings are bountiful, including Mr. Greek Gyros, Pinkys Gyros & Beef, Greek Islands, among others.

Conveniences

Because of the large variety of attractions available, residents have everything they need within a short walking distance. Because the Loop is such a massive cultural destination in and of itself, in fact, you’ll enjoy the conveniences of living within the hustle and bustle of a major city and all it has to offer, from its many cultural attractions, to its highly accessible grocery stores, such as Potash Markets, Green Gourmet Chicago, and Mariano’s. There are also many movie theaters, like AMC Dine-In Block 37 and the Gene Siskel Film Center, to name a few. You’ll also have Grant Park, the location of well-known rock music festival Lollapalooza, nearby!

 

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Living

The Loop is quickly becoming Chicago’s most popular place to live. Primarily, the residents that make up the loop are working successful professionals who crave city life centered in the hustle and bustle of Chicago’s downtown. Because the Loop is located within the central business district, where many of these professionals work, living in the Loop has the unique benefit of having everything within walking distance or a quick train ride away. The flip side is, for visiting friends, taking the train in may be the best option, as parking in the Loop for visitors can prove to be tricky!

 

Apartments in the Loop consist primarily of luxurious, upscale skyscrapers; in addition to the benefit of being centrally located, with converging railways at your disposal to conveniently transport you to any of the cultural attractions throughout Chicago, apartments in the Loop also commonly come with attractive amenity packages, such as in-building fitness centers, dry cleaning, luxurious rooftop pools, chic cabanas, a 24-hour concierge, etc.

 

Rent for the Loop apartment or a Chicago Loop condo, thus, reflect their highly sought-after central business district downtown location and amenities packages; however, rent will vary depending on the type and where in the Loop your desired unit is situated. Living right in the heart of the Loop will limit your choices to condos and high-rise apartments. Studios will cost anywhere between $1,500 and $2,200 per month; one bedroom will range between $1,600 and $2,500; two bedrooms between $2,400 and $4,500; and three bedrooms between $5,000 and $7,800.

 

Type/Avg Rental Rates

 

Studios
$1,000 - $1,700

 

One Bedroom
$1,200 - $2,300

 

Two Bedroom
$2,000 – $3,200

 

Three Bedroom
$2,500 – $4,000

 

Renting Loop Luxury
Apartments and Condos
Chicago-Loop-4

The Loop, Chicago’s downtown, attracts millions of visitors from all over, every year. The Loop is bound by The Chicago River to the north and west, with Lake Michigan and Roosevelt Road at its borders. It derives its name, the “Loop,” from El trains which run throughout the neighborhood in loops, along Lake Street, Wabash Avenue, Van Buren Street, and Wells Street; this elevated railway was added in the late 19th Century as a means of convenient public transportation.



In addition to serving as the city’s central downtown area, with numerous noteworthy attractions, Chicago Loop condos and modern Loop apartments are now available and highly sought after for their prime downtown location.

 

Points of Interest

 

Home to the city’s Central Business District (CBD)—the second largest in the country—the Loop houses many office buildings and retail centers. Being the CBD, the Chicago Board of Trade, the Chicago Mercantile Exchange, and the Willis Tower (formerly, the Sears Tower, the world’s tallest building for nearly 25 years) can all be found here. But there is far more to what makes the Loop such a frequently visited part of Chicago, such as its amazing attractions.

 

Attractions

 

The Chicago Cultural Center features more than 1,000 programs and exhibitions, ranging from the performing arts to visual and literary arts. The Museum of Contemporary Art, one of the largest contemporary art venues in the world, is also conveniently located in the neighborhood.



You can catch a live performance by the renowned Chicago Symphony Orchestra in the Loop at nearby Orchestra Hall. For the lover of the stage, the Goodman Theatre, the Chicago Theatre, and the Civic Opera House provide the very best of Chicago’s professional performing arts offerings. The historic Auditorium Theatre, also in the Loop, is a great place to appreciate Richardsonian Romanesque-style architecture while enjoying a performance by the Joffrey Ballet.



Whatever your interests, the Loop is a great place to explore and expand upon these fascinations, as well as to discover new and exciting pastimes!

 

Shopping

 

The large State Street shopping corridor is a shopper’s haven, with department store chains, boutique stores, as well as department flagships, such as Marshall Field’s and Carson Pirie Scott, offering shoppers a wide range of both high-end and affordable outfits and accessories. This makes the Loop home to the professional shopper and window shopper alike! At Block 37, you’ll enjoy a wide variety of shopping options including AKIRA Chicago, Anthropologie, North & Hudson, among others. Also in the Loop, you are Nordstrom Rack, Kelly’s Flower Shop, and Brideside Chicago.

 

Dining

 

The Loop is a great place to meet friends and enjoy a savory meal, whether it’s a classic steak at one of Chicago’s top steakhouses, like the Grillroom Chophouse & Wine Bar, or German favorites at the Berghoff Restaurant, Italian eats at the Florentine or Tesori Trattoria & Bar, or even lobster at Luke’s Lobster City Hall, the Loop has something for every unique yearning. If you are craving gyros, Chicago Loop’s offerings are bountiful, including Mr. Greek Gyros, Pinkys Gyros & Beef, Greek Islands, among others.

 

Conveniences

 

Because of the large variety of attractions available, residents have everything they need within a short walking distance. Because the Loop is such a massive cultural destination in and of itself, in fact, you’ll enjoy the conveniences of living within the hustle and bustle of a major city and all it has to offer, from its many cultural attractions, to its highly accessible grocery stores, such as Potash Markets, Green Gourmet Chicago, and Mariano’s. There are also many movie theaters, like AMC Dine-In Block 37 and the Gene Siskel Film Center, to name a few. You’ll also have Grant Park, the location of well-known rock music festival Lollapalooza, nearby!

 

Living

The Loop is quickly becoming Chicago’s most popular place to live. Primarily, the residents that make up the loop are working successful professionals who crave city life centered in the hustle and bustle of Chicago’s downtown. Because the Loop is located within the central business district, where many of these professionals work, living in the Loop has the unique benefit of having everything within walking distance or a quick train ride away. The flip side is, for visiting friends, taking the train in may be the best option, as parking in the Loop for visitors can prove to be tricky!

 

Apartments in the Loop consist primarily of luxurious, upscale skyscrapers; in addition to the benefit of being centrally located, with converging railways at your disposal to conveniently transport you to any of the cultural attractions throughout Chicago, apartments in the Loop also commonly come with attractive amenity packages, such as in-building fitness centers, dry cleaning, luxurious rooftop pools, chic cabanas, a 24-hour concierge, etc.

 

Rent for the Loop apartment or a Chicago Loop condo, thus, reflect their highly sought-after central business district downtown location and amenities packages; however, rent will vary depending on the type and where in the Loop your desired unit is situated. Living right in the heart of the Loop will limit your choices to condos and high-rise apartments. Studios will cost anywhere between $1,500 and $2,200 per month; one bedroom will range between $1,600 and $2,500; two bedrooms between $2,400 and $4,500; and three bedrooms between $5,000 and $7,800.

 

Type/Avg Rental Rates

 

Studios
$1,000 - $1,700
One Bedroom
$1,200 - $2,300
Two Bedroom
$2,000 – $3,200
Three Bedroom
$2,500 – $4,000
Monthly Max Budget
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