Gold
Coast
The present
day parameters of Chicago’s Gold Coast
extend from North Avenue on the north; Chicago Avenue on the south;
Clark Street on the west, and the Lake on the east.
The Gold
Coast is one of Chicago’s most affluent, upscale neighborhoods.
It features some of the most exciting shopping opportunities including
the beautiful Magnificent Mile, known for its high end shopping
and striking landscaping. The Gold Coast is also home to world-class
cultural institutions and unique boutiques that can be found on
Oak Street.
In addition
to the great panoramic view of the city skyline that the neighborhood
offers, the Gold Coast is the home of the John Hancock Building,
the huge Water Tower shopping area and restaurant favorites like
Gibson’s Steak House and Tavern on Rush.
The Gold
Coast is one of the wealthiest neighborhoods
in the country, mostly consisting of high-rise apartment buildings
on Lake Shore Drive, facing Lake
Michigan and Greystones on tree-lined streets.
The price
tag of real estate property in the Gold Coast
is presently in the range of $2 to $3 million for single family
homes. Condominiums start around
$200,000 for a one bedroom, $350,000 for two bedrooms, and $500,000
for three bedrooms.
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