A field experiment in growing spring wheat (Triticum aestivum L.—cv. ‘Monsun’) under organic, integrated and conventional farming systems was conducted over the period of 2020–2022 at the Czesławice Experimental Farm (Lubelskie Voivodeship, Poland). The first experimental factor analyzed was the farming system: A. organic system (control)—without the use of chemical plant protection products and NPK mineral fertilization; B. conventional system—the use of plant protection products and NPK fertilization in the range and doses recommended for spring wheat; C. integrated system—use of plant protection products and NPK fertilization in an “economical” way—doses reduced by 50%. The second experimental factor was irrigation strategy: 1. no irrigation—control; 2. double irrigation; 3. multiple irrigation The aim of the research was to determine the physical, chemical, and enzymatic properties of loess soil under spring wheat crops as influenced by the factors listed above. The highest organic C content of the soil (1.11%) was determined in the integrated system with multiple irrigation of spring wheat, whereas the lowest one (0.77%)—in the conventional system without irrigation. In the conventional system, the highest contents of total N (0.15%), P (131.4 mg kg−1), and K (269.6 mg kg−1) in the soil were determined under conditions of multiple irrigation. In turn, the organic system facilitated the highest contents of Mg, B, Cu, Mn, and Zn in the soil, especially upon multiple irrigation of crops. It also had the most beneficial effect on the evaluated physical parameters of the soil. In each farming system, the multiple irrigation of spring wheat significantly increased moisture content, density, and compaction of the soil and also improved its total sorption capacity (particularly in the integrated system). The highest count of beneficial fungi, the lowest population number of pathogenic fungi, and the highest count of actinobacteria were recorded in the soil from the organic system. Activity of soil enzymes was the highest in the integrated system, followed by the organic system—particularly upon multiple irrigation of crops. Summing up, the present study results demonstrate varied effects of the farming systems on the quality and health of loess soil. From a scientific point of view, the integrated farming system ensures the most stable and balanced physicochemical and biological parameters of the soil due to the sufficient amount of nutrients supplied to the soil and the minimized impact of chemical plant protection products on the soil. The multiple irrigation of crops resulting from indications of soil moisture sensors mounted on plots (indicating the real need for irrigation) contributed to the improvement of almost all analyzed soil quality indices. Multiple irrigation generated high costs, but in combination with fertilization and chemical crop protection (conventional and integrated system), it influenced the high productivity of spring wheat and compensated for the incurred costs (the greatest profit).