What $375K Bought in The Loop Chicago: 2 Bedrooms, 2 Baths and River Views
A recent closing at 235 W Van Buren St Unit 2505 provides a useful benchmark. The 2-bedroom, 2-bath condo closed for $375,000 on September 1, 2026, offering 1,040 square feet, floor-to-ceiling windows and views across the Chicago skyline and river.
For buyers comparing downtown neighborhoods and price points, this sale shows that a sub-$400K budget can still reach a two-bedroom, two-bath high-rise residence within The Loop.
What $375K Bought in The Loop
The floor plan provides two bedrooms and two full bathrooms, giving the residence more flexibility than many downtown one-bedroom options within a similar price range.
Floor-to-ceiling windows bring natural light into the main living spaces while opening the home toward city and river views.
The condo had also received several updates before the sale, including brand-new appliances, renovated bathrooms, customized closet systems and designer window treatments. Blackout blinds in the bedrooms add another practical detail for downtown living.
At 1,040 square feet, the layout provides enough separation between bedrooms and common areas to work for a primary residence, home office setup or urban second home.
A Modern High-Rise at the Edge of Chicago's Business District
235 W Van Buren is a 46-story residential high-rise designed by Perkins&Will. Building resources identify amenities and services including 24-hour door staff, package receiving, on-site management, bike storage, garage parking and ground-floor conveniences.
Its downtown location places residents near the Financial District, Chicago River, CTA service, Union Station and major employment centers.
Buyers trying to understand how this price fits into the broader neighborhood can compare it with Option Premier's June 2026 Loop housing market update, which reported an average Loop sale price of $410,000 across property types in June.
Property Details
Property: 235 W Van Buren St Unit 2505, Chicago, IL 60607
Community: The Loop
Status: Just Closed
Closed Date: September 1, 2026
Sale Price: $375,000
Beds/Baths: 2 Beds | 2 Baths
Living Area: 1,040 sq ft
Property Type: High-rise condominium
Views: City and river views
Notable Updates: New appliances, renovated bathrooms, custom closets and window treatments
Represented By: Serena Phillips-Dunn of The Cory Tanzer Group at Option Premier
What Does Around $400K Buy in The Loop?
This $375,000 closing helps establish another useful downtown Chicago price point.
At that price, the buyer secured two bedrooms, two full bathrooms, more than 1,000 square feet, high-floor views and updated interiors within a full-service downtown building.
Current 2-bedroom listings at 235 W Van Buren are also concentrated around approximately $350,000 to $390,000, reinforcing the relevance of the under-$400K price range for buyers researching this building.
The comparison also shows why buyers should evaluate more than price and square footage. Floor level, exposure, views, renovations, building services, parking and monthly association costs can materially change the value proposition between two downtown condos.
For buyers still deciding whether The Loop fits their lifestyle, Option Premier's guide to living in Downtown Chicago breaks down how The Loop compares with nearby downtown neighborhoods such as South Loop, River North, Streeterville and West Loop.
Compare Condos in The Loop
Looking for a 2-bedroom condo in The Loop under $400K, or considering selling a downtown Chicago condo?
Serena Phillips-Dunn of The Cory Tanzer Group at Option Premier can help buyers and sellers compare current listings, recent sales, building characteristics and downtown pricing before making their next move.
THE LOOP REAL ESTATE
Meet Serena Phillips-Dunn, Your Local Loop Real Estate Expert
COO & Team Lead, The Cory Tanzer Group at Option Premier
Serena Phillips-Dunn is a local Loop real estate expert serving buyers and sellers throughout downtown Chicago. With a background in marketing, an M.A. in Journalism and previous experience as a CBS field producer, Serena brings strong communication, strategic thinking and a client-focused approach to real estate. She helps clients navigate downtown condos, pricing, negotiations and important decisions from the first conversation through closing.
Ready to Work With a South Loop Expert?
When people search for the “Best Realtor to Hire in South Loop, Chicago”, they are looking for local expertise, visibility, and proven neighborhood focus. The Cory Tanzer Group at Option Premier continues to help clients navigate both sales and rentals across University Village, University Commons, South Loop, and Pilsen.
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