Representing the utmost in convenience and elegance, the well-known Gold Coast neighborhood is located just one mile from the Loop with access to magnificent shopping, world-class dining, and a short walk to Oak Street beach and Lake Michigan. High-rise condominiums with rooftop patios overlook Chicago’s Gold Coast lakefront. There are also low-rise residential blocks inland that are just a few steps away from Chicago’s Magnificent Mile. Some of the most notable celebrities enjoy living in the Gold Coast of Chicago. Click here for more Located one and a half miles north of Chicago’s Loop, the Gold Coast offers views of Chicago’s lakefront on its eastern border. The parameters of the Gold Coast are North Avenue to the north, Lake Michigan to the east, Chicago Avenue to the south, and Clark Street to the west. The bordering neighborhoods are Streeterville, Lincoln Park, Old Town, River North and Near North, placing the Gold Coast among the hippest areas to live in Chicago. John Jacob Astor, who is noteworthy for being America’s first millionaire, established the Gold Coast in the Astor Street District. In the 1800s the area’s boundaries were between Astor Street and North Avenue. Once Lake Shore Drive opened between North Avenue and Oak Street, the area became a destination for some of the wealthiest people of all time, including Oprah Winfrey. The Gold Coast quickly became the perfect spot for lakefront properties and scenic rides. Oak Street Beach is located just a few steps away from the Gold Coast. Right along Lake Shore Drive, Oak Street Beach offers bike trails, grassy areas for picnics, and jogging paths for those who enjoy the outdoors. Gold Coast Art Fair, held at Grant Park at the corner of Monroe Street and Lake Shore Drive, also known as Butler Field, is a huge festival showcasing fine art, music, and food. More than 450 artists come from all over the world for this three-day fair that is considered the “grand daddy” of art festivals.
Are you ready to buy or sell a property in the Gold Coast neighborhood? Contact Baird & Warner to start your real estate transaction today.
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