The Gold Coast is a popular neighborhood for primary residences and second homes. Of all the neighborhoods in downtown Chicago the Gold Coast provides the most tree-lined streets. It also provides quick access to Chicago’s lakefront, Lincoln Park and the Magnificent Mile. [continued]
CONDOS, CO-OPS & TOWNHOMES
|$5M or More||5 or More|
|$2.5M - $5M||4|
|$2.5M or Less||3 or Less|
|8,000 or More|
|5,000 - 8,000|
|5,000 or Less|
The finest shopping in Chicago is in the Gold Coast. This includes the shops on and near Oak Street as well as the north end of the Magnificent Mile. You’ll also find shops for everyday needs. The Gold Coast has a Jewel and 2 Potash Market grocery stores. There’s an Ace Hardware, a CVS and a Walgreens.
There are numerous transporation options. The Gold Coast is served by multiple bus lines. It has 2 CTA Red Line Stops. There are also car sharing and hourly car rentals.
For many residents a car isn’t necessary. If you choose to have a car in the Gold Coast, make sure you know all costs before buying a home. In some buildings like 1440 N Lake Shore Drive renting a parking space is the only option. In most buildings both buying and renting a parking space are available. If you choose to buy a parking space, it will have a monthly assessment and annual property taxes.
Gold Coast homes are some of the most diverse in the city. They includes mansions, houses, condos, brownstones, graystones, townhouses and co-op apartments. There are vintage (pre-war), art deco, mid-century, post-modern and new buildings. The one type of home you would be hard pressed to find is a loft.
Several blocks have only low rise vintage buildings. More blocks have a combination of vintage buildings and high rises built around the 1960s. [continued]
HIGH RISE BUILDINGS
The boundaries of Chicago’s Gold Coast neighborhood are hotly debated. Some developers market their high-rises well south of Chicago Avenue as being “in the heart of the Gold Coast”. The Gold Coast Neighbors Association uses a map of the Gold Coast Historical District which extends down to Walton Street east of Michigan Avenue, but not west of Michigan Avenue.
We use boundaries that fall between those two. They include Chicago Avenue on the south coming west from Michigan Avenue, Clark Street on the west and North Avenue on the north. Coming down from the north Lake Michigan, East Lake Shore Drive and finally Michigan Avenue comprise the east border.
*These are co-op apartment buildings. See Chicago co-op apartments vs. condos for the differences.