Tag Archives: South Loop

South Loop High Commercial Vacancy Rates Due to High Prices

Written by: - April 3, 2009

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South Loop High Commercial Vacancy Rates Due to High Prices

Between 1990 and 2000, according to the census, the South Loop’s population increased by 39 percent?the third largest neighborhood population increase in Chicago for that 10 year period. That the area’s growth and popularity had grown was obvious and apparent in both housing costs and real estate values. Growth continued and rates rose due to […]

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South Loop Condo Glut Means Lower Prices

Written by: - January 5, 2009

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South Loop Condo Glut Means Lower Prices

Simple supply and demand are having a strong impact in the South Loop. A quick search in MRED for condos in the South Loop (I defined it as Congress to 18th, Dan Ryan to Lake Michigan) shows a huge number of condos on the market. If we look under the new, stricter maximum HUD loan […]

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