▁ 1 8 8 8 , ▁the ▁Mon ad no ck ▁Building ▁in ▁ 1 8 9 1 , ▁and ▁the ▁S ull ivan ▁Center ▁in ▁ 1 8 9 9 . ▁ ▁Loop ▁architecture ▁has ▁been ▁domin ated ▁by ▁sk ys c rap ers ▁and ▁high - ris es ▁since ▁early ▁in ▁its ▁history . ▁Notable ▁buildings ▁include ▁the ▁Home ▁In sur ance ▁Building , ▁considered ▁the ▁world ' s ▁first ▁sk ys cra per ▁( dem ol ished ▁in ▁ 1 9 3 1 ); ▁the ▁Chicago ▁Board ▁of ▁Trade ▁Building , ▁a ▁National ▁Historic ▁Land mark ; ▁and ▁Will is ▁Tower , ▁the ▁world ' s ▁tall est ▁building ▁for ▁nearly ▁ 2 5 ▁years . ▁Some ▁of ▁the ▁historic ▁buildings ▁in ▁this ▁district ▁were ▁instrument al ▁in ▁the ▁development ▁of ▁to wers . ▁ ▁This ▁area ▁ab ounds ▁in ▁sho pping ▁opportun ities , ▁including ▁the ▁Loop ▁Ret ail ▁Historic ▁District , ▁although ▁it ▁compet es ▁with ▁the ▁more ▁ups c ale ▁Magn ific ent ▁M ile ▁area ▁to ▁the ▁north . ▁It ▁includes ▁Chicago ' s ▁former ▁Marshall ▁Field ' s ▁department ▁store ▁location ▁in ▁the ▁Marshall ▁Field ▁and ▁Company ▁Building ; ▁the ▁original ▁S ull ivan ▁Center ▁Car son ▁Pir ie ▁Scott ▁store ▁location ▁( closed ▁February ▁ 2 1 , ▁ 2 0 0 7 ). ▁Chicago ' s ▁Dow nt own ▁Theatre ▁District ▁is ▁also ▁found ▁within ▁this ▁area , ▁along ▁with ▁numerous ▁restaur ants ▁and ▁hot els . ▁ ▁Chicago ▁has ▁a ▁famous ▁sky