Near North Side
The Near North Side is one of the three large neighborhoods that make up Downtown Chicago. Occupying an area northwest of the Chicago River, it is also the oldest part of Chicago and comprises some of the best and most coveted neighborhoods in the city, including the Gold Coast, Streeterville, Old Town, River North, Goose Island, and others.
What to love
- The Magnificent Mile
Chicago’s premier commercial district, The Magnificent Mile stretches 13 blocks along North Michigan Avenue and hosts over 460 stores, almost 300 restaurants, several hotels, and various entertainment venues. Luxury retail giants Neiman-Marcus and Marshalls have locations here, as well as a host of upscale and popular brands in clothing, accessories, food, and more. Some of Chicago’s finest restaurants are also found here, including Lou Malnati’s Pizza, The Purple Pig, NoMI, and Coq d’Or.
- Quality education
The Near North Side is home to some of the top higher education institutions in the Midwest, such as Loyola University Chicago School of Law, Northwestern University Schools of Law and Medicine, Booth School of Business at the University of Chicago,and Kendall College.
Younger residents also have the opportunity to go to highly rated public and private schools, including Walter Peyton College Prep, Ogden International School of Chicago. and the Francis Xavier Warde School.
- Wealth of attractions
Some of Chicago’s most popular attractions are found in the Near North Side. These include the Chicago Water Tower, the Museum of Contemporary Art, and Chicago Children’s Museum. The most visited attraction in the area is historic Navy Pier in Streeterville, a 3,300-foot pier featuring amazing rides and activities.
Real estate snapshot
In January, 2023, the Near North Side real estate market was a buyer’s market with the supply overtaking the demand. Condos make up almost 100% of the housing stock and come in a wide range of sizes and prices. The most upscale properties have price tags of at least $1.5 million to over $15 million. In January, homes for sale had a median price of $525,000 and stayed on the market for an average of 83 days.
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