Market Trends: 3/10/2010
Gold Coast
Market Snapshot
Total Properties Listed:
467
Month-Over-Month Change: +10.66%
Average List Price:
$687,627
Month-Over-Month Change: -7.24%
Median List Price:
$300,000
Month-Over-Month Change: -15.19%
Typical Property
Townhouse
1.84 Bedrooms
1.9 Baths
$687,627 Average List Price
$404/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$293,038
2 Bedrooms:
$522,907
3 Bedrooms:
$1,087,736
4 Bedrooms:
$1,661,963
5 Bedrooms:
$2,613,280
Gold Coast, IL Real Estate:
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Chicago, IL
Real Estate Listings
MLS Home Search
Chicago, IL: 107,196 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.
Buying a New Gold Coast Home?
Buying a Gold Coast home can be a daunting task. Before setting out on your house hunting journey, you should
know what you really want to find. Take some time to list all the features that are most important to you and your
family. Here are a few ideas to consider in looking for a Gold Coast home to purchase:
- Location – Gold Coast has a good number of wonderful areas to choose from. Also think about your proximity
to quality schools, medical facilities, and shopping markets.
- Size – Do you need a certain number of bedrooms or bathrooms? Don’t forget about closet space
- Parking – Is a covered garage important to you?
- Style – 2-story house or ranch style home? New or older home?
- Air Conditioning & Heating – central heating and/or air conditioning can be a savior in Gold Coast.
As you browse homes on , keep these ideas in mind. Your list may change over time as you do more looking.
You may want to add or remove features, or perhaps you'll become willing to make compromises to find the Gold Coast home
that is the best fit for your family. With hundreds of beautiful Gold Coast homes to choose from, you’ll surely find the
one for you. Get started now.
Selling your Gold Coast Home?
Selling your Gold Coast home through Prairie Shore Properties is the right decision. Our agents are here to guide you
through a potentially complicated process. You deserve top-dollar for your property and Prairie Shore Properties is committed to marketing
and selling your home. All of our agents are certified REALTORs® and they are determined to give you peace of mind
throughout the home selling process. With years of experience in the Gold Coast home market, our team has the secret recipe
for attracting the right kind of home buyers at just the right time. Choosing Prairie Shore Properties is a wise decision. Learn a bit
more about our agents here.
Apply for a Home Loan to purchase your Gold Coast home?
The Gold Coast home market is highly active at this time. Interest rates continue to hover near record lows and it’s never
been easier to finance your Gold Coast home purchase —whether it’s your first home purchase, a vacation property, or a retirement
townhouse. Find out how much house you can afford, learn about settlement and closing costs, and access the most current
lending rates through our preferred mortgage partner.