The South Loop has many local parks plus is a short walk from the variety of Chicago lakefront parks. In the South Loop Chicago, walk to Fred Anderson Dog Park, Webster Park, Coliseum Park, Grant Park, Arvey Field, Millennium Park, Grant Park Skate Park, Northerly Island, Mark Twain Park, and Cotton Tail Park. Many of the most revered cultural institutions in Chicago can be found right down on Michigan Avenue. From the South Loop, you can walk to the Art Institute of Chicago, Spertus Museum, Field Museum, Chicago Symphony Orchestra, Museum of Contemporary Photography, Shedd Aquarium, Adler Planetarium, and The Lyric Opera of Chicago.
The South Loop offers a wide variety of apartments types at all price points. It's generally easy to find a studio, 1 bedroom, and 2 bedroom apartments all year long. A 3 bedroom and 4 bedroom apartment will be less prevalent during the winter months, however there are usually some good options in the spring, summer and fall months. The South Loop is considered when renters are seeking downtown Chicago apartments.
In 2019, the median average rent for a studio apartment in the South Loop was just above $1,000. The average rent for a 1 bedroom apartment in the South Loop was around $1,900, and it was over $2,000 for 2 bedrooms. Renters who are searching for new construction or luxury apartments will have plenty of choices in the South Loop where a construction boom has resulted in plenty of new high-rise apartment buildings going up in the past decade. The city views from South Loop apartments are some of the finest in town, and renters who are seeking out enviable views from their Chicago apartments can revel in the abundance of breathtaking Lake Michigan views as well.
South Loop apartment renters will likely find residences that tap into Chicago’s reputation for skyscrapers. Many of the apartments for rent in the South Loop are in high-rises, and some of the newest buildings to go up in the South Loop break the 500-ft barrier with plenty of room to spare. The current tallest apartment building in the South Loop checks in at an impressive 896 feet tall. Renters who want a more vertical lifestyle in their next apartment should definitely check out the South Loop.
The eastern edge of the South Loop neighborhood is defined by the shore of Lake Michigan. One prominent destination along the shore that South Loop apartment renters may want to get familiar with is Northerly Island. This piece of lakefill land was originally used as a very tiny private airfield, but it was shut down by former Chicago Mayor Richard M. Daley and subsequently converted into a nature preserve and concert venue. Apartment renters in the South Loop can walk over to this outdoor music venue to catch performances by national headlining tours and local acts alike.
The South Loop Chicago is home to many higher learning institutions within walking distance from their apartment. Within a short walk in the South Loop, walk to the School of the Art Institute of Chicago, East-West University, Roosevelt University, Chicago Kent College of Law, National Louis University, DePaul University - Loop Campus, ESL School Chicago, American Academy of Art College, University of Illinois at Chicago, Columbia College, City College of Chicago, Robert Morris University.
South Loop Chicago schools are South Loop Elementary School, Village Leadership Academy, Old St Mary’s Catholic School, Jones College Prep School, South Loop Montessori School, GEMS World Academy, St Ignatius School, Second City Day School, Innervision International School, Whitney Young Magnet High School, and the British International School- South Loop Campus.
