Chicago’s Near North Side (NNS) is the north part of downtown Chicago. It’s the home of the Magnificent Mile, Navy Pier and the iconic Marina City. It’s an extremely popular area to have a home not only for those who work downtown, but for those residing in the suburbs desiring an “in-town” and those living farther away desiring a second home near to so much that downtown Chicago has to offer! The Near North Side’s boundaries are the east branch of the Chicago River on the south, the north branch of the Chicago River on the west, North Avenue on the north and Lake Michigan on the east.
Near North Side Neighborhoods
Residents who live in the NNS are far more likely to describe where they live by their neighborhood than that they live in the Near North Side. The NNS is one of the 77 official areas of Chicago, but it’s neighborhoods have far better name recognition.
- Gold Coast Neighbors
- Old Town Merchants & Residents Association
- River North Residents Association
- Streeterville Organization of Active Residents
NEAR NORTH SIDE HOMES
NEAR NORTH SIDE REAL ESTATE
The homes in the NNS are overwhelmingly high rise condos. The rest of the housing stock consists of a few co-op apartments*, condos in low and mid rise buildings (under 7 stores), townhouses, houses and mansions.
If you want a house, almost all are in the Gold Coast and Old Town. If you want a house for less than $2,000,000, look in Old Town. There are a very small number of houses in River North. Most are mansion size (8,000+ SF) or close to it. There are no houses in Streeterville.
If you’re looking for a loft condo, River North is your best bet. There are just a couple of buildings in Streeterville that have lofts. Vintage condos and co-op apartments are mostly found in the north part of Streeterville and in the Gold Coast. With a few exceptions co-op apartments in the NSS are vintage.
Townhouses are scattered through the area. In River North some are even found several stories up in high rise buildings!
Views contribute significantly the value of a home in the Near North Side. The value of two comparable condos in the same building can differ by tens of thousands and even hundreds of thousands of dollars, if one has a view of Lake Michigan and the other doesn’t. Views are also why units on high floors command more money than units on lower floors.
*See Chicago co-op apartments vs. condos for the differences.