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Gold Coast, Chicago Condos----An Overview
Despite being most expensive, Gold Coast, Chicago condos are the most sought after real estate in the city. This upscale neighborhood extends along the lakefront and replete with variety of residences. The Gold Coast real estate has consistently done well through the past century; it is the Gold Coast, Chicago condos that have made its real estate market even more attractive in the recent years. Minutes away form downtown, Gold Coast; Chicago condos provide its residents easy access to city's activities. No wonder, Gold Coast is the celebrities’ most preferred neighborhood and it also the USA's second wealthiest urban neighborhood after Manhattan's Upper East Side.
Gold Coast neighborhood is perched in between the world famous shopping district called Magnificent Mile on the one side and beautiful Lincoln Park on the other. A part of Near North Side Community Area, Gold Coast has tree lined streets, a number of high rise and mid rise condominiums as well as Victorian Brownstone buildings and Mansions.
A choice of the elites of the society, Gold Coast neighborhood flaunts some of the finest Chicago condos. Majority of them fall in the category of luxury high rises. It was since late 1970s, when condo era dawned in this part of Chicago with the conversion of the Largest House on Astor Street,” into a condominium. Since then, the neighborhood has been experiencing a spurt in the condo construction. The neighborhood currently boasts of innumerable high-Rise Chicago Condos and this makes the area a favorite destination for all types of property buyers. Just seconds from the lake, Gold Coast, Chicago condos are also popular choice of the overseas investors.
Most of the new generation Chicago condos, in this neighborhood, are to be found in the Lake Shore Drive that runs parallel to the lakefront. These include the condo hotels as well as prominent office buildings. However, the most recognizable building of the neighborhood is The Hancock Center, which has about 700 condos along with offices and restaurants.
Astor Street District on the other hand has Chicago condos that are much shorter and older. Most of the buildings in this block had been built between 1880 and 1940. Use of Limestone and attractive masonry work characterize these buildings.
Although most of the residences in Gold Coast falls into the category of luxury Chicago condos, there are also other types of Chicago condos. These condos can easily match the requirements of the homebuyers from a wide range of income brackets.
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