Market Trends: 5/18/2012
Gold Coast
Market Snapshot
Total Properties Listed:
320
Month-Over-Month Change: -3.32%
Average List Price:
$674,630
Month-Over-Month Change: +6.28%
Median List Price:
$339,900
Month-Over-Month Change: +.32%
Typical Property
Condo
2.13 Bedrooms
2.04 Baths
$674,630 Average List Price
$334/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$209,103
2 Bedrooms:
$444,643
3 Bedrooms:
$1,000,004
4 Bedrooms:
$891,645
5 Bedrooms:
$1,538,237
Top 5 Most Viewed Properties
Gold Coast, IL Real Estate:
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Chicago Area
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Chicago Area: 91,646 Listings
Gold Coast Real Estate
About Gold Coast
One of Chicago’s most exclusive and upscale neighborhoods, the Gold Coast is situated just north of the Loop between Chicago Ave., North, Lake Michigan and LaSalle. Streeterville is a small subset of the Gold Coast and is located east of Michigan Ave.
The allure of the Gold Coast is affluent living with luxury homes and high-rise condos, fine dining and designer shopping on Chicago’s famous Magnificent Mile. The homes in the Gold Coast reflect its luxurious status with residential architecture dominated by nineteenth century mansions, luxury high-rise condos and renovated grey and brownstones. The average home price is more than $600,000, with private single-family homes easily reaching the multimillions.
But the Gold Coast is not just about luxury living. The neighborhood also offers easy access to Lake Michigan and is home to Navy Pier, the John Hancock Building, the Chicago Water Tower and the Chicago Museum of Contemporary Art. Towards the northern end on the Gold Coast where Lincoln Park begins, studios and condos become more affordable.