Q2 real estate sales report: South Loop
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.