New Listings in the Gold Coast

Chicago’s Gold Coast is an extremely charismatic, affluent neighborhood just north of downtown along Lake Michigan. Very few can deny the charm of the Gold Coast as they stroll the streets lined with historic mansions, specialty boutiques and gorgeous views of the Lake. This popular neighborhood is conveniently located within walking distance of public transportation, highways, and downtown shopping. Let's look at new listings in the Gold Coast. and see the scope of amenities you can expect if you buy a property in … [Read more...]

What to expect if you buy in the Gold Coast

1.Neighborhood Chicago's Gold Coast is one of the most sought-after neighborhoods in the city because it is home to some of the most lavish homes and most breathtaking views! The Gold Coast is bounded by North Avenue on the north, Oak Street on the south, Lake Michigan to the east, and Lasalle Street to the west. What’s special about this neighborhood is that it is within walking distance from the beautiful Lake Michigan’s North Avenue Beach and bike trails! It’s also steps from the magnificent Lincoln Park … [Read more...]

Gold Coast Condos Real Estate Market Report 2013 YTD

Gold Coast condominium sales report for 2013 YTD By Christine Hancock. The Gold Coast neighborhood in Chicago had 499 closings in 2013, 57 of those sales were above $1,000,000. As of 12/21/2013 there are 106 active listings, 2.5 months worth of inventory. The Gold Coast also appears to have shifted to expansion mode in 2013, as 2.5 months worth of inventory is very low. This neighborhood has some of the most grand and luxurious homes in the city and remains one of the wealthiest in the country. We will check on … [Read more...]

Same price point, 3 different neighborhoods, South Loop , Streeterville, & the Gold Coast

When taking clients, buyers, out to shop for a Chicago condo I hear a familiar statement when we are looking in different neighborhoods, "You get so much more for your money in this neighborhood." I started to wonder if that was just clients perception or if it was actually true? I am not talking about comparing Lincoln Park to Sauganash but neighborhoods that are relatively close to each other such as the South Loop, Streeterville, and the Gold Coast. So let's compare 3 homes that are almost the same price of … [Read more...]

Buying a Short Sale or Foreclosure in The Gold Coast

Thinking a buying a pre-foreclosure, short sale or foreclosure (bank owned property) in the Gold Coast? Everybody is searching for that elusive good deal in one of the most expensive affluent neighborhoods in Chicago, but finding it can be a tedious, stressful project. The payoff is the obvious discount you will receive on the purchase price. Along the way expect to deal with a lot of competition, long waits for an answer from the bank, and many times the homes are "cash only", they will not accept a mortgage … [Read more...]

The Carlyle – 1040 North Lake Shore Drive

The Carlyle is located in a fabulous location between Cedar & Bellevue on Lake Shore Dr. It was built in 1964 and it stands 40 stories tall with 130 homes. The amenities include an indoor pool on the top floor as well as an exercise room and a party room. All parking in the building is rental with valet service. All units have lake views and at least 1 balcony, some units have 2, every unit has a master suites with 2 bathrooms. This is a no pet building.       … [Read more...]