Gold Coast, Roscoe Village and Edgewater real estate and homes for sale in Illinois, Luxury, Investment - The Mike Frank Team, REALTORS® The Mike Frank Team REALTORS(r) for Gold Coast, Roscoe Village and Edgewater, Illinois real estate, Luxury, Investment - NUMBER1EXPERTS™ The Mike Frank Team NUMBER1EXPERTS(tm) for Gold Coast, Roscoe Village and Edgewater, Illinois real estate, Luxury, Investment
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Gold Coast Neighborhood Information
Welcome > Local > Gold Coast Neighborhood Information...


Gold Coast Neighborhood Information:


Gold Coast Map:


Gold Coast Boundaries:

Oak (1000N) to North (1600N)
Lake Michigan to LaSalle

Gold Coast Sub Neighborhoods:


Magnificent Mile

Gold Coast Surrounding areas:

Neighbors to the North: Lincoln Park
Neighbors to the West: Old Town
Neighbors to the South: River North/Streeterville

About Gold Coast/History of Gold Coast:



Historic and wealthy are two of the best descriptions of this moneyed pocket of the city. Considering where it's located - on the northern end of the Magnificent Mile and all along Lake Shore Drive from Oak Street up toNorth Avenue - that's no surprise. This has always been considered a very special place in the city, many still consider it a place "to see and be seen".

Trendy shops and restaurants pay top dollar to open their doors in the Gold Coast. Several of the best-known steak houses (in this - a steakhouse kind of town) can be found here. The stores are chic, ranging from clothing and leather goods, to boutiques, to of course jewelry and art galleries. Some of the areas better known bars have gained their fame in the movies while others are popular for their beer gardens for the post-work libation. Whatever form of nightlife you crave, it can be found here!

Bounded by the Lake to the East, Oak Street to the South, LaSalle Street to the West and North Avenue to the North, this neighborhood has (and likely will continue to) enjoyed a reputation of money and respect. It's proximity to the heart of downtown Chicago is tough to beat.

The housing in the Gold Coast is yet another reason to want to call it home. Some of the most breathtaking brown stone and grey stone homes fill each tree-lined block here. There are a variety of mid- and high-rise buildings in the area, especially along the gorgeous stretch of Lake Shore Drive, but much of the character of the neighborhood is found in the three and four story buildings.

Gold Coast Attractions:
The Drake Hotel: 140 East Walton: (800) 55 DRAKE: www.thedrakehotel.com
The Talbott Hotel: 20 E. Delaware: (800) 825-2688: www.talbotthotel.com
Newberry Library: 60 W. Walton: (312) 255-3700: www.newberry.org
Oak street beach
International Museum of Surgical Science: 1524 N. Lake Shore: (312) 642-6502: www.imss.org
World-class cultural institutions and unique boutiques: Oak street
John Hancock Center: 875 N. Michigan Avenue: www.johnhancockcenterchicago.com
Water Tower Place: 835 N. Michigan: (312) 440-3166: www.shopwatertower.com

Gold Coast Library:
Near North Branch: 310 W. Division: (312) 744-0991: www.chipublib.org

Gold Coast Police Station District #18:
1160 N. Larrabee: (312) 742-5870: www.cityofchicago.org/police

Gold Coast Fire Station:
548 W. Division: www.cityofchicago.org/fire

Gold Coast Post Office:
227 E. Ontario: (800) ASK-USPS: www.usps.com

Gold Coast Alderman’s Office:
Burton Natarus: 42nd Ward Office: 121 N. LaSalle, Room 306: (312) 744-3062: www.natarus.com
Vi Daley: 43rd Ward Office: 735 W. Wrightwood: (773)-327-9111: www.chicago43rd.org

Gold Coast Chamber of Commerce/Neighborhood Groups:
307 N. Michigan Avenue, Suite 800: (312) 360-0386: www.goldcoastneighbors.org

Recommended Gold Coast Dining:

Pizza
       Edwardo's Natural Pizza Restaurant: 1212 N. Dearborn: 312-337-4490: www.edwardos.com

Italian
       Il Mulino New York: 1150 N. Dearborn: 312-440-8888: www.ilmulinonewyork.com
       Mario's Gold Coast Ristorante: 21 W. Goethe: 312-944-0199: www.mariosgoldcoast.com

Steakhouse
       Morton’s: 1050 N. State: 312-266-4820: www.mortons.com
       Tavern on Rush: 1031 North Rush: (312) 664-9600: www.tavernonrush.com

Seafood
       McCormick & Schmick's: 41 E. Chestnut: 312-397-9500: www.mccormickandschmicks.com

Sushi
       Ra Sushi: 1139 N. State: 312-274-0011: www.rasushi.com

Pub Grub
       Luxbar: 18 E. Bellevue: 312-642-3400: www.luxbar.com
       Bella Lounge: 1212 N. State: 312-787-9405: www.bellalounge.com

Breakfast
       The Pump Room: 1301 N. State: 312-266-0360: www.pumproom.com

Gold Coast Shopping:
Rush and Division
The Magnificent Mile: Michigan Ave: www.themagnificentmile.com
Water Tower Place: 835 N. Michigan: (312) 440-3166: www.shopwatertower.com
Jewel-Osco: 1210 N Clark: (312) 944-6950: www.jewelosco.com

Gold Coast Movie Theatre:
AMC Loews Esquire: 58 E Oak: 312-280-1205: www.amctheatres.com

Gold Coast Theaters:
Ruth Page Center for the Arts: 1016 N. Dearborn: 312-337-6543: www.ruthpage.org

Gold Coast Schools:

Public Elementary and Junior High Schools
• Ogden Elementary School:
24 W Walton: (773) 534-8110: www.ogdenschool.org

Private Elementary Schools
• Catherine Cook School:
226 W Schiller: (312) 266-3381: www.catherinecookschool.org

Public High Schools
• Payton College Preparatory High School:
1034 N Wells: (773) 534-0034: www.wpcp.org

Private High Schools
• Archbishop Quigley Seminary:
103 E Chestnut: (312) 787-9343: www.quigley.org

Gold Coast Transportation:
www.transitchicago.com

Gold Coast CTA Train Lines and Stops:

CTA Red Line:
Clark/Division

Gold Coast Bus Routes:
#70 Division
#22 Clark
#151 Lake Shore Drive


Gold Coast New Construction:
There are always new construction projects and condos being built in Gold Coast, as well as vintage apartment buildings being converted to condos. For information on the latest new construction give me a call!

Gold Coast Housing Stock:
Extensive high rises, brownstones, and one-of-a-kind mansions.

Gold Coast Real Estate Pricing/Appreciation Market Statistics:


Studios:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $84,057 $86,649 97.01% 29 134  
Near North 8008 1999 $113,185 $115,523 97.98% 18 178 34.65%
Near North 8008 2000 $129,933 $133,661 97.21% 28 156 14.80%
Near North 8008 2001 $143,209 $146,625 97.67% 32 193 10.22%
Near North 8008 2002 $149,755 $153,457 97.59% 39 257 4.57%
Near North 8008 2003 $170,299 $174,027 97.86% 86 262 13.72%
Near North 8008 2004 $172,081 $176,299 97.61% 91 280 1.05%
Near North 8008 2005 $213,421 $223,022 95.70% 96 345 24.02%
Near North 8008 2006 $175,669 $182,772 96.11% 48 357 -17.69%
Near North  8008  2007  $218,969  $222,348  98.48%  61  297  24.65% 
Near North  8008  2008  $246,590  $254,439  96.92%  81  156 12.61% 
Total
Appreciation
              193.36%


One Bedroom:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $144,727 $148,037 97.76% 38 741  
Near North 8008 1999 $170,715 $171,963 99.27% 21 893 17.96%
Near North 8008 2000 $201,841 $204,299 98.80% 25 748 18.23%
Near North 8008 2001 $221,965 $224,023 99.08% 39 793 9.97%
Near North 8008 2002 $234,275 $235,032 99.68% 40 1225 5.55%
Near North 8008 2003 $248,173 $246,711 100.59% 94 1347 5.93%
Near North 8008 2004 $256,589 $257,891 99.50% 104 1383 3.39%
Near North 8008 2005 $293,478 $289,714 101.30% 59 1749 14.38%
Near North 8008 2006 $290,431 $292,468 99.30% 58 1358 -1.04%
Near North  8008  2007  $293,877  $293,327  100.19%  88  1112  1.19% 
Near North 8008  2008  $316,895  $316,871  100.01%  117 876  7.83% 
Total
Appreciation
              118.96%


Two Bedrooms:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $292,308 $299,547 97.58% 58 756  
Near North 8008 1999 $335,535 $340,503 98.54% 57 682 14.79%
Near North 8008 2000 $377,386 $383,986 98.28% 31 776 12.47%
Near North 8008 2001 $427,826 $433,321 98.73% 42 652 13.37%
Near North 8008 2002 $430,307 $436,298 98.63% 45 1079 0.58%
Near North 8008 2003 $451,106 $453,339 99.51% 132 1406 4.83%
Near North 8008 2004 $502,039 $505,253 99.36% 107 1579 11.29%
Near North 8008 2005 $494,894 $496,706 99.64% 110 1563 -1.42%
Near North 8008 2006 $521,899 $529,191 98.62% 115 1180 5.46%
Near North 8008  2007  $533,468  $540,035  98.78%  122  1226  2.22% 
Near North 8008  2008  $559,105  $565,602  98.85%  134 901  4.81% 
Total
Appreciation
              91.27%


Three Bedrooms:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $468,647 $484,384 96.75% 76 261  
Near North 8008 1999 $484,871 $498,508 97.26% 61 255 3.46%
Near North 8008 2000 $583,644 $600,600 97.18% 29 229 20.37%
Near North 8008 2001 $623,548 $641,862 97.15% 43 182 6.84%
Near North 8008 2002 $828,273 $866,475 95.59% 55 297 32.83%
Near North 8008 2003 $897,838 $927,105 96.84% 159 423 8.40%
Near North 8008 2004 $970,144 $988,472 98.15% 137 626 8.05%
Near North 8008 2005 $1,076,085 $1,103,883 97.48% 186 512 10.92%
Near North 8008 2006 $1,192,769 $1,243,312 95.93% 185 415 10.84%
Near North  8008  2007  $1,207,704  $1,260,705  95.80%  181  441  1.25% 
Near North  8008  2008  $1,257,310 $1,302,668  96.52%  171 358 4.11% 
Total
Appreciation
              168.29%


Single Family:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $1,125,615 $1,230,468 91.48% 83 29  
Near North 8008 1999 $1,065,373 $1,159,216 91.90% 77 30 -5.35%
Near North 8008 2000 $1,262,280 $1,337,341 94.39% 53 31 18.48%
Near North 8008 2001 $1,210,076 $1,322,126 91.53% 69 26 -4.14%
Near North 8008 2002 $1,469,657 $1,596,582 92.05% 94 29 21.45%
Near North 8008 2003 $1,439,544 $1,505,778 95.60% 140 32 -2.05%
Near North 8008 2004 $1,635,707 $1,801,224 90.81% 159 35 13.63%
Near North 8008 2005 $1,829,645 $2,015,484 90.78% 234 26 11.86%
Near North 8008 2006 $2,526,622 $2,858,528 88.39% 303 34 38.09%
Near North 8008  2007  $2,644,680  $2,895,400  91.34%  223  37  4.67% 
Near North  8008  2008  $3,071,472  $3,467,778  86.57%  307  23 16.14% 
Total
Appreciation
              172.87%


Two Flats:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $298,750 $401,200 74.46% 112 4  
Near North 8008 1999 $747,500 $814,000 91.83% 25 2 150.21%
Near North 8008 2000 $702,833 $716,983 98.03% 14 6 -5.98%
Near North 8008 2001 $492,500 $514,475 95.73% 47 2 -29.93%
Near North 8008 2002 $390,400 $424,580 91.95% 47 5 -20.73%
Near North 8008 2003 $487,500 $520,000 93.75% 236 1 24.87%
Near North 8008 2004 $732,500 $757,500 96.70% 160 2 50.26%
Near North 8008 2005 $740,000 $773,300 95.69% 127 3 1.02%
Near North 8008 2006 $745,100 $822,500 90.59% 214 2 0.69%
Near North 8008  2007  $0  $0  N/A  N/A 
Near North 8008  2008  $675,000 $749,000 90.12% 7 N/A 
Total
Appreciation
              125.94%


Three Flats:

Neighborhood
Area
Code Year Average
Sale
Price
Average
List Price
Average
Sale Price to
Average List
Price Ratio
Avg.
Market
Time
(Days)
#
Units
Sold
%Change
in
Average
Sale
Price
Near North 8008 1998 $700,000 $725,000 96.55% 1 1  
Near North 8008 1999 $711,766 $724,666 98.22% 5 3 1.68%
Near North 8008 2000 $290,000 $340,000 85.29% 88 1 -59.26%
Near North 8008 2001 $785,500 $829,750 94.67% 92 4 170.86%
Near North 8008 2002 $678,750 $754,725 89.93% 59 4 -13.59%
Near North 8008 2003 $0 $0 N/A 0 0 N/A
Near North 8008 2004 $0 $0 N/A 0 0 N/A
Near North 8008 2005 $985,000 $1,097,000 89.79% 252 2 N/A
Near North 8008 2006 $698,666 $764,666 91.37% 190 3 -29.07%
Near North 8008  2007  $0  $0  N/A  N/A 
Near North  8008  2008  $881,500 $947,450  93.04% 229  2 N/A 
Total
Appreciation
              25.93%



Data Collected From Multiple Listing Service of Northern Illinois
All information deemed reliable but not guaranteed.


 

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Real Estate Tips
Cosmetic Improvements >Interior Decorating

Many people recognize a decorating style they like when they see it, but they find it difficult to combine colors, fabrics, furnishings and window treatments to create the total finished look they want.

Where can you find a good decorator? If you like the interior of your friends' home, ask them for recommendations. Many communities have decorator showcases where you can see first hand the work of several local designers. Furniture retailers sometimes hire professionals to assist their customers.

Before you commit to working with a designer or decorator, sit down and discuss your taste and goals, their fee structure, and your budget. Pay particular attention to whether the person is an active listener and communicates well. Whether you are trying to make your home look wonderful in order to sell it or want to fix up a new home, the investment in professional advice can save you costly mistakes and make your home a reflection of your good taste.

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Real Estate Trivia
Q 
Where will you find the world's largest indoor waterfall?

A 
The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble.
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The Mike Frank Team, REALTOR®, real estate agents and broker for Gold Coast, Roscoe Village and Edgewater Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Mike Frank Team
Keller Williams Lincoln Park

2106 N. Clark St.
Chicago, IL 60614
Cell: 773-251-8963
Direct: 773-770-7300
Fax: 206 888-2876
Email: mikefrank@kw.com

Mike is a knowledgeable, experienced realtor and consistent top producer who puts the needs of his clients first. During his 10 years of professional experience in the consulting industry prior to obtaining his real estate license, Mike learned how to listen to his clients, quickly identify their main objectives, problems and priorities and deliver solutions that exceeded their expectations. He has been using the same approach successfully with his real estate clients for more than six years. Mike utilizes his extensive market knowledge, cutting edge technology, and proven negotiating skills to assist sellers and buyers in obtaining the best possible price and making their transactions smooth and worry free. Mike specializes in helping his clients buy and sell luxury condos, single-family homes, and residential investment properties in Chicago in the River North, Gold Coast, Roscoe Village, Edgewater, Lincoln Park, Lakeview, Lincoln Square, Ravenswood, Bucktown and Uptown areas. Call Mike now for more information and expect a quick response!

Equal Housing GRI MLS REALTOR


Keller Williams Lincoln Park real estate and homes for sale in Gold Coast, Roscoe Village and Edgewater Illinois

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