Once upon a time, the West Loop was an ugly duckling, home to warehouses, meatpackers and little else. Those days are long gone.
Nowadays, developers are grabbing up any open space for condos and apartments in the West Loop, with amenities like artisanal cheese-making classes and dog therapists for hipster canines with self-esteem issues. (Actually, I made both of those up, but folks at LG Development, if you’re reading this, “you’re welcome!”)
It’s ka-ching ka-ching time for builders and developers in the West Loop, and for condo owners who bought low and are ready to cash in. According to Mike Ryan, a Chicago real estate agent with Movoto, prices are up 25 percent in this trendy community.
The aura of hipness hasn’t hurt the West Loop’s popularity one iota. It began a few years ago when Details Magazine named the area one of the hippest neighborhoods in the world. The Wall Street Journal, the New York Times, and BuzzFeed have all anointed the West Loop as the up-and-coming-neighborhood of the moment.
Where does that leave someone who isn’t a Google VP or patent attorney who just wants a safe place to live and a short commute to work?
There’s good news, again from our friends at Movoto. Check out this list they shared with us that offers 10 affordable, quite suitable options for neighborhoods that are a lot like the West Loop.
The Movoto Top 10 Neighborhoods Kind Of Like The West Loop Follows:
- South Loop
- Ukranian Village
- University Village
- East Pilsen
- Lincoln Park
- Humboldt Park
- Logan Square