From April to June, 255 homes sold in South Loop for a median price of $325,000. That's 4.9 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 3 homes in South Loop were in foreclosure.
Median property tax for homeowners in South Loop was $4,255.13 in 2017 according to tax data from that year. That means homeowners pay 1.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
South Loop real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
189
$374,400
-
2010
212
$341,145
-8.9%
2011
135
$282,500
-17.2%
2012
176
$244,433
-13.5%
2013
181
$344,520
40.9%
2014
229
$305,280
-11.4%
2015
253
$348,740
14.2%
2016
283
$347,550
-0.3%
2017
290
$341,700
-1.7%
2018
255
$325,000
-4.9%
Median property tax
Median sale price
Effective property tax rate
2009
$3,602.38
$374,400
1%
2010
$3,164.98
$341,145
0.9%
2011
$3,811.29
$282,500
1.3%
2012
$3,468.42
$244,433
1.4%
2013
$3,891.45
$344,520
1.1%
2014
$3,346.92
$305,280
1.1%
2015
$3,718.11
$348,740
1.1%
2016
$4,035.53
$347,550
1.2%
2017
$4,255.13
$341,700
1.2%