The Loop Chicago IL Real Estate

The Loop Chicago IL Real Estate

The Loop is the ‘real’ downtown of Chicago and gets its name from an 1882 streetcar route. In 1900, the Loop had the world’s greatest concentration of skyscrapers built by notable architects such as William Le Baron Jenny, Louis H. Sullivan, Daniel H. Burham.

Skyscrapers in the Loop, that have since been torn down, included the Chicago Stock Exchange (1894-1972) and the Marshall Field Wholesale Store (1885-1930). Distinctive buildings that  are still standing include the Public Library (which is now the Cultural Center), the Fisher Building, the Monadnock Building and the Carson Pirie Scott building. Newer buildings include the famous Sears Tower (now Willis Tower), built in 1974. And in 1975, Water Tower Place opened bringing shopping and entertainment to the area.

Culture and Theater

Art and theaters are plentiful in the Loop with the The Art Institute of Chicago features a collection of over 5,000 years of art, as well as traveling exhibitions, lectures, workshops, and performances. The Civic Opera House is home to the Lyric Opera of Chicago.

The Theater District spans several blocks in the Loop and includes six major theaters. These include the Ford Center for the Performing Arts (was Oriental Theater), The Chicago Theatre, the Auditorium Theatre, the Cadillac Palace Theatre, the Goodman Theatre and the LaSalle Bank Theatre (was Shubert Theatre). The Theater District is within walking distance of the Civic Opera House, the Chicago Symphony Orchestra, the Art Institute and Grant Park, thus creating a vibrant cultural life within Chicago’s business district.

The “L”

The original “L” lines were opened in 1888 and have continued to expand to be one of the busiest in the world. Although the train system is called “elevated”, it is both a subway and an elevated system. The “L” runs all over the city, and even to some suburbs. It connects urban dwellers directly to Chicago’s two major international airports and forms a comprehensive link to almost corner of the city.

The Loop is primarily a business district but is adorned with many outdoor works of art. The famous figure by Pablo Picasso, built in 1967 and made of Cor-Ten Steel to match the Daley Plaza, where it sits. Other outdoor sculptures include works by Marc Chagall, Joan Miro and Alexander Calder.

Recreation

Recreation and entertainment are plentiful. Grant Park is the site of numerous festivals throughout the year, including the Jazz Festival, the Blues Festival, the Taste of Chicago and several film festivals. Grant Park is also home to Buckingham Fountain and the Grant Park Symphony.

One of Chicago’s newer parks, Millennium Park, has a bandshell and the “Bean”, a huge sculpture that is already a major tourist attraction.

Boat tours are offered on the Chicago River. Take in the view and learn about Chicago’s architecture. Every year, the River is dyed green on St. Patrick’s Day.

Chicago City Homes can help buyers find homes for sale in The Loop, and assist sellers in negotiating the best price for their Loop real estate. We are committed to providing home buyers and sellers with the guidance needed to successfully close a Loop real estate transaction.

Contact Information

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