Chicago’s West Loop real estate has been dubbed as one of the “city’s hottest housing markets” over the last few years. Once the historic home of the city’s meatpackers, flower-markets and manufacturing, these warehouses now sit among sleek West Loop new construction condos and converted loft style residences from the last development boom that struck in the 1990s and early 2000s, when Oprah was queen of the neighborhood. For buyers looking for luxury residences in Chicago’s hottest neighborhood, lWest Loop has a handful of new construction condos buildings for sale.
The current new development in the West Loop is a healthy mix of residential condos & (but mainly) property managed apartments and the commercial office buildings looking to attract tech companies and other tenants who may be looking to relocate from the suburbs and the Loop business district. With this influx of companies and workers, a surging demand for housing has created an opportunity for condo developers in the city to fill this void with new homes. Approximately 180 new construction residential condos are slated for delivery in the West Loop by 2022.
