Bordered by the city's two main bodies of water, Lake Michigan and the Chicago River, the Loop is Chicago's literal center: The intersection of State Street and Madison Street mark the starting point for the city's grid address system, dating back to the late 19
th century, when the city underwent reconstruction after the fire destroyed much of it. During the rebuilding process, city architects constructed the ten-story Home Insurance Building, the world's first skyscraper and the harbinger to Chicago's upward development.
Although the Home Insurance Building is long gone, today the Loop boasts an array of architectural giants, including the Chicago Board of Trade, the Stock Exchange and the 110-story Sears Tower. And, sculptures by renowned artists Pablo Picasso, Marc Chagall, and Joan Miro decorate public spaces.
Residential buildings mirror the upward trend begun in the 19
thcentury, with residents residing in high-rises and mid-rises along Michigan Avenue or in the central business district. While median prices are some of the highest in the city and home sizes smaller than that in other neighborhoods, residents are drawn to the area's proximity to just about everything the city offers.
Recently-completed Millennium Park, running parallel to Michigan Avenue, offers outdoor events and concerts, while the jogging path along Lake Michigan satisfies joggers and bikers alike. For those who love to shop, State Street is lined with options, from major department stores to antique shops.
Looking for theater and cultural activities? Just south of Millennium Park,
The Field Museum,
Shedd Aquarium, and
Adler Planetarium delight children
and adults. The Art Institute houses works from Claude Monet to Georgia O'Keefe and features critically-acclaimed exhibits year 'round. Just across the street sits the
Chicago Symphony Orchestra, while the
Oriental Theater, Goodman Theater and Lyric Opera House reside a bit to the north.
Because the Loop is the central business district, dining and nightlife options abound, from local pubs crowded with the post-work crowd to upscale restaurants along the Chicago River. And, public buses or the elevated train that "loops" around the area will take you to most other parts of the city in less than 20 minutes, making the Loop one of the most