The 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
Buying your first home? Click here for great tips and to find out Debra’s answers to the top four most common questions she receives from first time homebuyers.
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$336,400||$216,000|
|Median Single Family Home Value||$2,155,100||$215,000|
|Median Condo Value||$315,200||$227,900|
|Median 4-Bedroom Home Value||$1,846,000||$336,800|
|Percent Homes Decreasing||45.5%||21.9%|
|Median List Price Per Sq Ft||$647||$133|
|Median Sale Price||333||238,800|
|Turnover (Sold Within Last Yr.)||3.9%||2.9%|
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