Affordable Condo Buildings in Chicago’s Gold Coast Neighborhood

The Gold Coast neighborhood in Chicago is known for being one of the most luxurious and expensive neighborhoods throughout the entire continental US. The streets are lined with vintage architecture, beautiful scenic views, and many trendy and up-and-coming restaurants and boutiques. But moving to this highly sought-after Chicago neighborhood doesn’t have to always break the bank. So while the luxury home and condo market might help define the Gold Coast housing market, buyers are sure to also find some more affordable options without sacrificing quality as well.

111 W. Maple

111 W. Maple condos are an affordable yet elegant choice for any homeowner. Located near the north side this 34-story condo building was built in 1991 and has 331 units. Each condo features stainless steel appliances, a balcony, access to a sun deck, and central AC. The building comes with a 24hr doorman, a comprehensive health club, and a resident-only laundry unit and dry-cleaning service. Condos at 111 W. Maple are known for their incredible views and affordable price. The average size of a 2-bedroom 2 bath condo is 1,150 square feet and costs an average of $360 per square foot or a median price of $450,000. Living a life of luxury has never been more affordable.

100 E. Walton

The condos at 100 E. Walton is another affordable option if you are looking to move to the Gold Coast. Also known as Walton Colonnade, 100 E. Walton rises 44 stories high, providing some units with pretty amazing views of the surrounding cityscape. The building has 240 units with mostly 1-bedroom apartments and some combined apartments to create 2 or 3-bedroom apartments. A studio apartment goes for roughly 210,000 while a 1-bedroom apartment ranges between 265,000 - $350,000. The Walton Colonnade also has some great amenities including a 24-hour doorman, an exercise room, an outdoor pool, a party and receiving room, storage, valet and cleaner, and a sun deck. At an affordable price, the Walton Colonnade is a great option for anyone looking to live in the neighborhood.

1150 N. Lake Shore

The condos at 1150 N. Lake Shore are located within a modern high-rise building with plenty of appeal and desirability. The building sits right on Chicago’s lakefront and has 24 floors. This is the perfect location for anyone who enjoys being able to walk everywhere.  It was originally designed in 1957 by John Macsai to have 256 units. Now, many of the units have been combined to create larger living spaces for residents. 1150 N. Lake Shore also comes with a variety of amenities including a 24-hour doorman, a fitness center, a party room, a roof deck, an outside lounge, and a laundry room. Condos in this building run around $217 per square foot with the average unit size being 620 square feet.

33 W. Delaware

The 33 W. Delaware building is in the heart of the Gold Coast neighborhood, making it ideal for buyers who put a premium on location. The building was built in 1988 and has 25 floors with 440 units. It is within walking distance of boutiques, restaurants, and the Newberry Library, and the building also overlooks Washington Park. 33 W. Delaware has a variety of amenities including 24-hour door staff, a laundry room, an on-site property manager, a fitness center, and a recently updated sun deck. Condos come with private balconies, stainless steel appliances, porcelain tiled floors, and much more. The average price per square foot is right around $355.

1415 N. Dearborn

Last but not least is 1415 N. Dearborn. Built in 1973, this downtown high-rise has 96 units and is known for offering residents ample space and great amenities. The building comes with 24-hour door and maintenance staff, a rooftop pool and deck, a party room, and a bike and extra storage center for residents. Each unit also comes with its own washer and dryer, oak hardwood floors, granite countertops, stainless steel appliances, walk-in closets, dual entry second bedroom a large dining room, and much more. Like many of the other condos mentioned, condos at 1415 N. Dearborn are within walking distance from grocery stores, shopping, restaurants, entertainment, and beautiful parks. The average price per square foot is $241, and a typical 2-bedroom 2 bath condo goes for roughly $312,656.