# The Loop, Chicago — Class A submarket

> The Loop is a prime-tier Class A submarket of Chicago with average asking rent around $50/sqft/yr.

**Canonical URL:** https://classa.info/cities/chicago/the-loop
**Page type:** neighborhood
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Largest absolute Class A footprint.
- Material discount to West Loop.
- Repositioning capex is reshaping older stock.

## Key facts
- **city**: Chicago
- **neighborhood**: The Loop
- **tier**: prime
- **averageRentLocal**: $50/sqft/yr

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Citation: Source: Class A Atlas (https://classa.info/cities/chicago/the-loop), updated 2026-04-15T00:00:00.000Z.