The Gold Coast is the wealthiest neighborhood in Chicago. The Gold Coast’s Real Estate consists mainly of high-rise luxury apartment buildings, but also includes several low-rise residential blocks. With exclusive boutiques located on Oak Street and elegant lounges and bistros tucked away amidst the elegant vintage brownstones and greystones, the Gold Coast is where Chicagoans go to experience the good life.
Gold Coast’s history dates back to 1882. Its founder, Potter Palmer, bought the land, which was covered back then by little more than frog ponds. The Gold Coast is famous with its luxury high rises, brownstones, and mansions with wonderful view of Lake Michigan, located right in downtown Chicago. According to the latest data from the Chicago Realtors Association, the average home price in the area is over 2 million dollars.
The Gold Coast is also a dynamic shopping area. In fact, the “Magnificient Mile” is one of the most well-known shopping areas in the world. The most elite designer clothing, are sold in classy boutiques in this area. The John Hancock Center and Water Tower Place are both located at the Gold Coast. The area is also home to many exhibitions, showcases and tons of contemporary fine artists, as well as a gorgeous outdoor sculpture garden.
The famous Oak Street Beach, just north of the Magnificent Mile, is without doubt one of Chicago’s most popular spots to see and be seen. Oak Street Beach is a haven to beach-life enthusiasts. Whether you like inline skating, cycling, playing volleyball or simply sunbathing, Oak Street Beach has it all. The sandy area of the beach is large and concrete areas at either side are also popular for walking, sunbathing and scenery-watching.
Buying or selling Real Estate in the Gold Coast can be challenging. Only a truly experienced Real Estate Agent can help you make the right choices and decisions. Jonathan Tuttle is one of the most renowned Gold Coast Real Estate Agents and can help you through every step of your buying/selling process. Contact Jonathan now to get started!
