A Look at 2-Bedroom Condos in the Gold Coast That Won't Break The Bank
Posted by Leo Clark. on
Although Chicago’s Gold Coast is packed with some of the most expensive real estate you’ll find in the city, there’s also lots of affordable condo options for those with a bit tighter of a budget. The Gold Coast is an attractive and popular neighborhood for a variety of reasons, and it shouldn’t be a huge surprise that so many locals want to call this part of Chicago home. World class shopping lines nearby streets like Michigan Avenue and Oak Street, while fine dining, fun-filled entertainment, and vibrant nightlife are also prevalent throughout the entire community.
Depending on your budget, and what you’re willing to sacrifice, plenty of 2-bedroom Gold Coast condos are currently on the market for under $300,000—and believe it or not, some of these…
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When narrowing down that wish list for a new Chicago condo, space is often the last thing home buyers want to sacrifice. The unfortunate reality for many condo buyers, however, is that the extra square footage you so desperately want tends to be the number one factor that drives up how much you'll end up paying.
When it comes to luxury real estate in downtown Chicago, historic brownstones, grey stones, and row homes in the Gold Coast are undeniably among the most expensive properties you’ll find on the market.Â
The last undeveloped lakefront parcel in the Gold Coast could soon see some action, at least according to a new report from Curbed Chicago. Being proposed is a new eight-story building that could include as many as 58 units, which is significantly different from the original proposal from Draper & Kramer that called for a sprawling 40-story high-rise. That proposal, which as made all the way back in 1997, drew significant resistance among Gold Coast residents and of course failed to materialize into anything concrete over the years. Â
111 W. Chestnut has been vacant for far too long, and for many Gold Coast residents, its a part of the neighborhood that’s simply been an eyesore. But after years of waiting, it appears construction is about to begin on what should be a very nice addition to what’s already one of Chicago’s most sought neighborhoods.Â
As first reported by the Chicago Tribune, a lavish, 52nd-floor unit over at the renowned Waldorf Astoria tower in Chicago’s Gold Coast sold for $11.7 million earlier this month, which marks the highest price paid for a Chicago-area home so far in 2016.