Gold Coast Real Estate

gold-coast-chicago-ilThe incomparable Gold Coast, one of the wealthiest neighborhoods in America, is where you can find many of Chicago’s most famous residents – and the world class real estate they call home. From the timeless mansions of Astor Street to the magnificent high-rises of Lake Shore Drive, the Gold Coast is truly an inspirational setting from which to savor life in the Windy City.

Despite the neighborhood’s well-documented affluence, the Gold Coast real estate choices and prices are surprisingly diverse. Housing styles are equally diverse. In addition to the apartment buildings that line Lake Shore Drive, the Gold Coast offers walk-ups, town homes, row homes and a number of contemporary high-rises.

Not surprisingly, the price for a detached single-family property in the Gold Coast can reach well into the multi-millions. Of course, most of these homes are three or more stories and have up to eight bedrooms, attached garages or coach houses, and are every bit the lap of luxury. When homes start in the millions, you know there are some serious real estate opportunities to be had, and upgraded amenities and fine finishes become standard. The long-settled nature of the Gold Coast real estate means that home buyers have few new construction options north of Division Street. New luxury high-rises have been developed during the past 10 years immediately south of what had traditionally been considered the Gold Coast, extending its boundaries.

Within one square mile, the Gold Coast offers lively beaches, internationally renowned boutiques, incredible cuisine and vibrant nightlife. It also happens to be one of Chicago’s most family-friendly neighborhoods offering a number of top public and private schools, beautiful parks and cultural attractions.
Looking for more information on the Gold Coast, or a realtor to help you navigate the diverse real estate options to be had here? There’s so much to discuss – I’d love to talk further! You can search current Gold Coast real estate listings below, or give me a call, and let’s start searching for that dream home of yours!

For information on real estate close to Gold Coast see these links below

Streeterville | River North | Lincoln Park | West Loop

Real Estate Market Stats

Zillow Home Value Index: $309,500

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $309,500 $195,300
Median Condo Value $305,000 $208,100
Median 2-Bedroom Home Value $448,400 $153,000
Median 3-Bedroom Home Value $829,000 $189,000
Percent Homes Decreasing 23% 15.9%
Median List Price Per Sq Ft $338 $125
Median Sale Price 279 2,378,692
Property Tax $3,708 $2,147
Turnover (Sold Within Last Yr.) 3.1% 3.3%
1-Yr. Change 3.9% 7.2%
Q: There are so many neighborhoods to choose from, how do I know which neighborhood is best for me?
A: I suggest to clients that they make a list of what they want their day to day life to look like. That list might include things like: easy access to public transportation; ½ mile from the the lake; tree-lined streets with mostly single family homes; close to bars and restaurants; top level public elementary school; trendy, up and coming… start big, winnow down and prioritize. I also suggest that clients look at a few places in several neighborhoods to get an understanding of what each neighborhood offers. It’s all about options, choices and priorities.
If you’d like to know more about Gold Coast or scope out other neighborhoods in Chicago with a top buyer’s agent, let’s chat! You can also scroll down to see current Gold Coast real estate listings. I look forward to hearing from you! Let’s find your dream home, shall we?
Q: Should I work with a real estate agent?
A: Yes, there are several benefits to working with a real estate agent, especially an experienced top drawer agent. Not only will she be able to give you an accurate value assessment for the property you fall in love with, you’ll likely get a better deal if she is a bear in negotiations. And your agent will advocate for your best interests throughout the transaction. You may also get access to properties not yet actively listed – which is especially important in a hot real estate market such as Chicago! Additionally, when working with an agent, you don’t just get access to her expertise – you get access to her entire network of advisors, lenders, contractors, and more.
Looking to sell your home in Gold Coast? Call me to talk about how the #1 brokerage firm in Chicago, and one of its top listing agents (me!), can help you stage, price, market and sell your home for maximum value. It's never too soon to begin; preparation to list time can range from 14 to 120+ days, depending on how many closets there are to purge.
Call Debra at (312) 307-4909

Listings in Gold Coast