Loop North is a news and information website serving the Loop and Near North neighborhoods of downtown Chicago.

By Don DeBat. 29-Jan-25 – Chill Arctic winds may be blowing in Chicago in January, but Chicago’s North Side housing market posted a hot and vibrant fourth quarter in 2024.. Despite the ongoing shortage of homes for sale, and year-end mortgage-rate creep, both unit sales and the median sales price delivered double-digit gains.

Oct 23, 2024 · Photo by Dave Mead. By GPT-4o. 23-Oct-24 – The Chicago Loop Alliance’s latest report reveals encouraging metrics about downtown’s economy as it rebounded significantly during the summer months. Pedestrian and CTA ridership figures have hit their highest points since the pandemic began, thanks to a bustling lineup of events.

By Don DeBat. 13-Nov-23 – Many North Side Chicago homeowners may be surprised to see hefty real estate tax hikes ranging from hundreds to thousands of dollars with the late November 1 arrival of the second installment of the 2022 property tax bills.. According to an analysis of second-installment bills sent by Cook County Treasurer Maria Pappas, taxes across the county increased more than ...

By Don DeBat. 28-Dec-24 – Chicago’s North Side bungalow and “Ma-and-pa” apartment owners complain they are overwhelmed with a tsunami of rising insurance costs that hit in 2023 and 2024.. The lofty insurance increases, which come on top of Chicago’s soaring North Side real estate taxes, add another layer of operating cost expenses.

Aug 24, 2024 · Photo by Vashon Jordan Jr. By Steven Dahlman. 24-Aug-24 – The Chicago Loop has surpassed the downtowns of 53 other cities across the United States in a new report comparing metrics such as employment and residential growth.. So much so, that the Chicago Loop Alliance says the study confirms that the Loop is “the most significant and vital of Chicago’s neighborhoods.”

Apr 24, 2024 · (Above) Pedestrians at State & Randolph in the Chicago Loop. Photo by Scott Teresi. (Click on image to view larger version.) By Steven Dahlman. 24-Apr-24 – Pedestrian activity in the Chicago Loop in the first three months of 2024 approached, and in some cases exceeded, pre-pandemic levels.. According to Chicago Loop Alliance, the Loop is showing signs of actual “bustling.”

Aug 22, 2023 · “While July of 2023 was the 17th consecutive month of year-over-year home sales declines in Lincoln Park, the Gold Coast, the Near North Side, Lakeview, and North Center, we are beginning to see some signs of an improving market,” observed Realtor John Irwin (left), co-author of the Baird & Warner August Market Analysis with broker Jackie Lafferty.

(Above) Visitors to Cloud Gate along Michigan Avenue. Photo by Chicago Loop Alliance. By Steven Dahlman. 6-Nov-23 – Economic activity in the Loop, July through September, continued its return to pre-pandemic levels, according to a new report by Chicago Loop Alliance.. Pedestrian activity on State Street and Michigan Avenue was up in the past year to 75 percent of its pre-pandemic level ...

16-Mar-23 – The Loop is the fastest-growing downtown in the United States and the fastest-growing neighborhood in Chicago, according to a new report by Chicago Loop Alliance. The study estimates 4,000 people have moved to the Loop since the 2020 census, bringing the neighborhood’s population to 46,000. Each household spends an average of $18,000 in the Loop per year, according to the report.