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The South Loop neighborhood is on track to gain several thousand new rental units and hundreds of new hotel rooms if the plethora of new projects proposed this year make it off the ground. Few neighborhoods can compete with the number of notable projects that South Loop has gained just this year alone. Two very tall towers from noted architects have been proposed for the neighborhood, as well as some other major attractions like the Lucas Museum of Narrative Art and the under-construction McCormick Place Entertainment District. Much of the neighborhood's current high-end housing stock was built during the last boom which ended abruptly in 2008. And perhaps unsurprisingly, four of the neighborhood's priciest units are at One Museum Park. Here's a quick snapshot at what's available in the South Loop's high-end housing inventory.
↑ 1211 S Prairie Ave #3201
Asking price: $1.949 million
Size: 3 bed/3 bath (2,920 square feet)
The skinny: There aren't any brokers notes for this listing, but there are a few things worth pointing out. While this nearly-3,000-square-foot condo at One Museum Park currently sits at the top of the pile of priciest properties in the South Loop, it has been on the market for much of this year—176 days to be exact. It first sold when the building was new in 2008 for $1.684 million.
↑ 1211 S Prairie Ave #3401
Asking price: $1.875 million
Size: 3 bed/3.5 bath (2,920 square feet)
The skinny: Perhaps it shouldn't be too surprising that the second most expensive property in the South Loop is also at One Museum Park. The finishes throughout the unit are nothing special, but what you're buying here is the skyline view.
↑ 1400 S Michigan Ave #2701
Asking price: $1.799 million
Size: 5 beds/3.5 baths (4,500 square feet)
The skinny: This South Michigan Avenue unit is actually quite a bit larger than the neighborhood's two priciest units at One Museum Park. It's also the same age and has similar quality finishes as the two most expensive condos in the South Loop. It's been on the market for two months, originally listing for $1.999 million. The condo took a $200,000 price cut in October, making it the neighborhood's third priciest listing.
↑ 1211 S Prairie Ave #4701
Asking price: $1.705 million
Size: 3 bed/3 bath (2,920 square feet)
The skinny: Well, what do you know—our next stop on the list is One Museum Park yet again. This one is located on the 47th floor and also offers sweeping views of downtown and Lake Michigan. It's the exact same size as the two most expensive units and has a similar three bed/three bath layout. This one has been on the market since July 22.
↑ 1211 S Prairie Ave #601
Asking price: $1.35 million
Size: 3 bed/3 bath (2,910 square feet)
The skinny: Our final stop on the list is—you guessed it—One Museum Park. This unit is comparable in size to the others but is located much further down on the sixth floor. You get access to the same amenities, but you're not going to get the same sweeping views. It's been on the market since October 20. ·The Fuse Has Been Lit for the South Loop's Next Big Building Boom [Curbed Chicago]
·Chicago Skyline Set for Change as Plan Commission Approves Big Projects [Curbed Chicago]
·Top 5 archives [Curbed Chicago]
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