Gold Coast Chicago Guide : Why I Love Living in this Historic district

Warm Welcome

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Nestled along the shores of Lake Michigan, the Gold Coast is one of Chicago’s most prestigious and historic neighborhoods. Known for its luxurious homes, upscale shopping, and vibrant dining scene, this elegant area offers an unmatched living experience in the Windy City. As famed architect Frank Lloyd Wright once said, “Eventually, I think Chicago will be the most beautiful great city left in the world.” The Gold Coast is a testament to that sentiment, boasting stunning architecture and an unparalleled atmosphere.

A little sneak peek into the Gold Coast neighborhood

The Gold Coast neighborhood is located on the Near North Side of Chicago, just steps away from the Magnificent Mile and Lincoln Park. It is an area steeped in history, with its origins dating back to the late 19th century when wealthy Chicagoans built their mansions along the lakefront. Today, the Gold Coast has evolved into a thriving community that seamlessly blends historic charm with modern luxury.

Why this gem of a location matters

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Living in the Gold Coast provides residents with the best of both worlds: a serene, tree-lined residential atmosphere and easy access to the bustling heart of downtown Chicago. This prime location offers an array of world-class amenities right at your doorstep, including high-end shopping, fine dining, and cultural attractions. Furthermore, the picturesque Oak Street Beach and the expansive Lincoln Park offer ample opportunities to enjoy the outdoors and soak in the breathtaking views of Lake Michigan.

Discovering Gold Coast Homes

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The Gold Coast Chicago boasts a diverse range of housing options for potential residents. From luxurious high-rise apartments to historic mansions and contemporary townhomes, the Gold Coast offers a variety of residences that cater to different tastes and budgets. The prime location of this neighborhood, coupled with its stunning architecture, makes it a highly sought-after destination for both locals and newcomers alike.

A variety of cozy housing options

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High-rise Apartments: For those who enjoy living in modern luxury, there are several high-rise apartment buildings in the Gold Coast offering amenities such as 24-hour concierge services, fitness centers, and rooftop pools. Popular buildings include The Seneca, One East Delaware, and Gild Chicago.

Historic Mansions: The Gold Coast is also home to numerous historic mansions that showcase the neighborhood’s rich architectural heritage. Many of these homes date back to the late 19th and early 20th centuries and have been carefully preserved or restored. Examples include the Charnley-Persky House and the Patterson-McCormick Mansion.

Contemporary Townhomes: For those who prefer a more modern aesthetic, there are numerous contemporary townhomes scattered throughout the Gold Coast. These residences often feature open floor plans, high ceilings, and private outdoor spaces.

Price tags to suit all budgets

The price range for real estate in Gold Coast Chicago can vary significantly based on the type and size of the property, as well as its location within the neighborhood. High-rise apartments can range from $1,500 per month for a studio to over $10,000 per month for a luxury penthouse. Historic mansions, on the other hand, can cost several million dollars to purchase, while contemporary townhomes typically range from $1 million to $3 million.

Iconic homes and architectural wonders

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The Palmolive Building: This iconic Art Deco skyscraper, formerly known as the Playboy Building, was completed in 1929 and has since been converted into luxury condominiums.

The Ambassador: Built in 1919, The Ambassador is a historic luxury residential building that has housed famous residents such as Marilyn Monroe and Joe DiMaggio.

No. 9 Walton: Completed in 2018, this 38-story luxury condominium building is known for its opulent finishes and exclusive amenities, attracting notable residents including billionaire Ken Griffin.

With its diverse range of housing options and prime location, it’s no wonder the Gold Coast continues to be a highly coveted neighborhood for those looking to experience the best of Chicago living.

The Gatsby Gold Coast Lifestyle

Retail therapy and must-see sights

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The Gold Coast neighborhood offers a variety of shopping options and attractions, most notably the world-famous Magnificent Mile. The Magnificent Mile is home to high-end designer stores, luxury boutiques, and upscale department stores, making it a paradise for shoppers. Some iconic establishments include Neiman Marcus, Saks Fifth Avenue, and Bloomingdale’s. In addition to shopping, the Magnificent Mile features many art galleries, theaters, and historic landmarks, making it a must-visit for both residents and visitors alike. To learn more about the Magnificent Mile, check out their official website.

Foodie heaven and lively evenings

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The Gold Coast offers a diverse and vibrant dining scene, catering to various tastes and preferences. Here are some of the best restaurants in the neighborhood, sorted by cuisine:

The Best Steakhouse in Gold Coast: Gibson’s Steakhouse

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A legendary Chicago institution that has been serving mouthwatering steaks and chops since 1989. This classic American steakhouse offers an extensive menu, featuring prime-aged steaks, fresh seafood, and an impressive wine list.

The Best Italian in Gold Coast: Carmines

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A popular Italian eatery, known for its delicious homemade pasta, wood-fired pizzas, and an inviting atmosphere. With its beautiful outdoor patio and top-notch service, Carmines provides an exceptional dining experience.

The Best Seafood in Gold Coast: Hugo’s Frog Bar & Fish House

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A renowned seafood restaurant that serves the freshest catch daily. From oysters and crab cakes to lobster and Alaskan King Crab, Hugo’s offers a diverse menu that seafood lovers will adore.

The Best Asian Fusion in Gold Coast: Le Colonial

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A sophisticated Vietnamese-French fusion restaurant set in an elegant two-story building. The menu features an array of flavorful dishes, combining traditional Vietnamese recipes with French culinary techniques.

Gold Coast’s nightlife scene is equally impressive, with various upscale bars, clubs, and lounges offering the perfect setting to unwind after a long day. Some popular spots include The Drake Hotel’s Palm Court for live jazz and classic cocktails, and Z Bar at The Peninsula Hotel for stunning views and innovative drinks.

Green spaces for outdoor fun

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Residents of the Gold Coast can enjoy a variety of parks and outdoor spaces, with the beautiful Lake Michigan shoreline just steps away. Oak Street Beach is a popular spot for sunbathing, swimming, and beach volleyball during the warmer months. The beach also offers stunning views of the Chicago skyline and Lake Michigan.

Another notable outdoor space is Lincoln Park, which stretches over six miles along the lakefront. The park features open green spaces, walking trails, playgrounds, sports facilities, and the Lincoln Park Zoo, one of the oldest zoos in the country. This expansive park is perfect for jogging, biking, picnicking, or simply enjoying nature.

Getting Around with Ease

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One of the many benefits of living in the Gold Coast is its excellent transportation and accessibility options. This well-connected neighborhood makes it easy for residents to commute to work, explore the city, and access nearby amenities.

Convenient public transit

The Gold Coast is well-served by Chicago’s public transportation system, the Chicago Transit Authority (CTA). Residents have easy access to the CTA’s Red Line at the Clark/Division and Chicago/State stations, which provide direct connections to downtown, the Loop, and the north side of Chicago. Additionally, multiple bus routes run through the neighborhood, including the 22 Clark, 36 Broadway, and 151 Sheridan.

Scenic bike lanes and pedestrian-friendly paths

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For those who prefer to travel by bike or on foot, the Gold Coast offers a variety of bike lanes and walking paths. The neighborhood is considered to be very walkable, with a Walk Score of 95, making it a great place to run errands, walk to work, or simply enjoy a leisurely stroll. Moreover, the Lakefront Trail runs along the eastern edge of the Gold Coast, providing a scenic pathway for walking, jogging, and cycling along the shores of Lake Michigan.

A stone’s throw away from downtown Chicago

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The Gold Coast’s prime location makes it an ideal choice for those working in downtown Chicago. The neighborhood is just a short walk or quick CTA ride away from the Loop, the city’s central business district. This convenient access to downtown not only makes commuting a breeze but also puts Gold Coast residents within easy reach of the city’s world-class attractions, museums, and entertainment venues.

Top-Notch Education Opportunities

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Excellent public and private schools

The Gold Coast neighborhood offers excellent educational opportunities for families, with a diverse selection of public and private schools. The highly-rated Ogden International School is a popular choice for public education, serving students from pre-kindergarten through 12th grade. This globally-focused school emphasizes inquiry-based learning and offers the prestigious International Baccalaureate (IB) program for high school students.

For families seeking private education, the esteemed Latin School of Chicago provides rigorous academics for students from pre-kindergarten through 12th grade. Established in 1888, this independent school fosters a nurturing and inclusive environment that encourages intellectual curiosity, critical thinking, and community engagement.

Another notable private institution in the area is the British International School of Chicago, Lincoln Park, which serves students aged 2 to 11 years old. Offering a personalized and globally-minded curriculum, the school prepares students to excel in an increasingly interconnected world.

Higher education options in the vicinity

In addition to excellent primary and secondary schools, the Gold Coast neighborhood is located in close proximity to some of Chicago’s top universities and colleges. The prestigious Loyola University Chicago, renowned for its programs in health sciences, business, and law, is only a short distance away. Other nearby institutions include DePaul University, known for its strong liberal arts and professional programs, and Northwestern University, a world-class research institution.

School Ratings and Teacher-to-Student Ratios

School ratings in the Gold Coast neighborhood are generally high, reflecting the area’s commitment to quality education. According to GreatSchools, Ogden International School has an overall rating of 8 out of 10, while the Latin School of Chicago and the British International School of Chicago, Lincoln Park, both have strong reputations for academic excellence.

Teacher-to-student ratios are also favorable in the Gold Coast, ensuring that students receive personalized attention and support. For instance, Ogden International School boasts a teacher-to-student ratio of 16:1, while the Latin School of Chicago maintains an even lower ratio of 8:1. These favorable ratios contribute to the high-quality educational experiences offered in the Gold Coast neighborhood.

Safe and Sound in Gold Coast

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Ensuring a secure and peaceful environment is essential when choosing a neighborhood to call home. The Gold Coast, with its reputation for luxury and elegance, is no exception. In this section, we’ll delve into the safety aspects of the area, including crime rates and community involvement.

Peace of mind with low crime rates

While no neighborhood is entirely free of crime, the Gold Coast fares quite well compared to other parts of Chicago. According to CrimeReports, the Gold Coast experiences lower crime rates than the citywide average, making it a relatively safe place to live. Property crime is the most common type of crime in the area, with theft and burglary being the main concerns. However, violent crime rates remain lower than in other Chicago neighborhoods.

It’s essential to take precautions to ensure your safety, regardless of where you live. The Chicago Police Department recommends taking steps like installing security systems, being aware of your surroundings, and getting to know your neighbors to improve safety in any community.

Strong sense of community spirit

One of the key factors contributing to the safety of the Gold Coast is the strong sense of community among its residents. The Gold Coast Neighbors Association is an active organization dedicated to preserving the neighborhood’s quality of life and fostering a sense of belonging among its members. The association hosts events, shares safety tips, and keeps residents informed about neighborhood news.

Additionally, the Gold Coast has a local Chicago Alternative Policing Strategy (CAPS) program, which aims to build trust between the police and the community. CAPS meetings provide an opportunity for residents to voice their concerns, collaborate on safety initiatives, and work together to reduce crime in the area.

In conclusion, the Gold Coast neighborhood in Chicago is not only known for its luxury living and vibrant lifestyle but also for its safety and strong community spirit. By staying informed, taking necessary precautions, and actively participating in the community, residents can enjoy a secure and comfortable life in this iconic area

Wrapping Up

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Living in the Gold Coast of Chicago, provides residents with a unique and luxurious experience. With its stunning architecture, world-class shopping, and dining options, as well as its proximity to downtown Chicago, the Gold Coast truly offers the best of city living. The area boasts excellent schools, top-notch amenities, and a strong sense of community that makes it an ideal place to call home.

Whether you’re taking a stroll along the Magnificent Mile or unwinding at the Oak Street Beach, the Gold Coast promises an unmatched lifestyle for those who seek the finest things in life. If you’re considering a move to this iconic neighborhood, we encourage you to explore all that it has to offer and discover why so many people are proud to call the Gold Coast home.

FAQs

What is the average cost of living in Gold Coast Chicago?

The cost of living in the Gold Coast is higher than the Chicago average due to the neighborhood’s luxury real estate, upscale amenities, and prime location. The median home price in the Gold Coast is around $1.2 million, as per Zillow, while the median rent for a one-bedroom apartment is approximately $2,000, according to RentCafe.

How safe is the Gold Coast Chicago neighborhood?

The Gold Coast is considered one of the safer neighborhoods in Chicago. Although no urban area is immune to crime, the Gold Coast generally has lower crime rates compared to other neighborhoods in the city, as indicated by AreaVibes. Residents can take comfort in the strong sense of community and the neighborhood’s commitment to maintaining a safe and secure environment.

What transportation options are available in Gold Coast?

The Gold Coast offers various transportation options, including easy access to public transit like buses and the “L” train, as provided by the Chicago Transit Authority. Additionally, the neighborhood is very walkable and bike-friendly, with numerous bike lanes and walking paths connecting to other parts of the city.

Are there good schools in the Gold Coast area?

The Gold Coast has several highly-rated public and private schools, making it an excellent choice for families. Some of the top schools in the area include Ogden International School and Latin School of Chicago. The neighborhood is also close to several colleges and universities, providing ample opportunities for higher education.

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