What Is The Most Expensive Part Of Chicago To Live In?

Jan 17

Living In Style In Chicago’s Most Exclusive Areas

Learn Why Luxury Living In Chicago Comes At A Cost

Chicago has long been renowned for having many neighborhoods, and it offers both economy and luxury options. However, in spite of their best features, ideal circumstances, and undeniabilities, there are some neighborhoods that continue to be some of the most expensive to live in. These districts entice those who want to be near high-end features such as good eats and high-end high-rises. Let us take a look at why the city of Chicago’s most expensive districts exist.

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The Gold Coast Is Chicago’s Crown Jewel

When someone talks about luxury living in Chicago, one can’t help but bring to mind the Gold Coast as the first neighborhood to think of. With access to Lake Michigan, this vintage neighborhood provides beautiful homes, high-rise condo buildings, and an unparalleled sense of luxury. The neighborhood, featuring lined streets and historically preserved architecture, provides an optimal blend of modern-day luxury and days-gone-by elegance.

With luxury stores, excellent restaurants, and cultural events all in walking distance, life on the Gold Coast is lively. The lakefront provides beautiful views and lake activities, and being this close to both the Magnificent Mile ensures it stays in high demand by consumers. The Gold Coast’s status as one of the city’s wealthiest neighborhoods comes as no surprise.

River North Unites Urban Energy and High-End Living

The high cost of living in River North is another separate neighborhood. This neighborhood, known for having an active arts culture and hip scene, appeals to family and young professionals who desire to live in close proximity to all of Chicago’s action. The area is a great option for people who desire to live in a contemporary, urban lifestyle due to it being packed to the hilt with high-end eateries, artwork galleries, and fashionable lofts.

There is a cost associated with River North’s accessibility. The condos and apartments in this neighborhood frequently come equipped with high-end finishes and features like gyms, rooftop pools, and in-door concierge services. The neighborhood is ideal for those who desire convenience and style because it is within walking distance to downtown, which also provides ease in walking to primary attractions.

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Streeterville Combines Water Views and Luxury

Streeterville is one of Chicago’s strongest candidates to be named its most expensive neighborhood. The chief attractions of this lakefront neighborhood are picturesque waterfront views and condo high-rises which embody luxury in its purest form. Since it offers access to proximity to Navy Pier, Millennium Park, and Chicago Riverwalk, Streeterville offers residents a most enviable mix of peaceful lakeside majesty and urban life.

The neighborhood is home to some of town’s priciest condo buildings, complete with in-house gyms, rooftop patios, and valet parking. Streeterville also appeals to professionals and academics by virtue of being in proximity to flagship colleges and hospitals. Streeterville is heaven to reside in, whether at one of the rooftop eateries or strolling by the lake.

Experienced Leaders in Professional Disinfection — **Lincoln Park Offers a Luxurious Family-Friendly Option**

Lincoln Park is one of those neighborhoods to think about if you desire to experience life in an easy-going but still luxury lifestyle. This neighborhood is one of Chicago’s most sought-after areas to live in as it boasts lovely parks, old homes, and an environment conducive to family life. Homebuyers who crave luxury and spaciousness can choose from a mix of contemporary flats and high-end single-family homes in this neighborhood.
The better-known Lincoln Park Zoo, as one of the few zoos in the nation to be free, can also be located in Lincoln Park. Its contemporary stores and restaurants bring in people who value city amenities, and lined streets and lakefront proximity bring in people who enjoy being in nature. The people who live in Lincoln Park have to strike an urban conveniences vs. suburban comforts balance.

The West Loop Attracts Cool Professionals

The evolution of the West Loop as an industrial district to an edgy hot spot has made this Chicago neighborhood one of the most sought-after places in the city. With famous restaurant row having different luxury eating options, this neighborhood has emerged as the haven for foodies. The West Loop has been renowned for having chic lofts and new-age buildings which attract young business persons and professionals.

The area also appeals to those who prefer to be in the thick of it all as it offers proximity to downtown and an active nightlife culture. The West Loop offers an energetic environment, and it has become one of the most expensive areas in the city as home prices continue to climb due to ongoing demand.

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Trusted Specialists in Advanced Sanitation — **What Makes These Neighborhoods Worth the Price**

While these neighborhoods have specialties of their own, they also have in common dedication to community, elegance, and practicality. While it does take a financial toll to live in these neighborhoods, advantages usually displace issues. These neighborhoods offer a enviable life complete with premier access to amenities and an aura of exclusivity, something everyone desires yet few have in their own neighborhoods.
Living in the Gold Coast means to experience gourmet shopping and historical sophistication. You’ll be at the center of an exciting arts and entertainment district if you choose River North. Streeterville provides premier amenities and unduplicated waterfront views. As the West Loop appeals to trend-makers and epicureans, Lincoln Park blends luxury residences and family-centric mindsets.

The Costs of Calling Chicago’s Wealthiest Neighborhoods Home

These areas have multiple benefits, but there also come drawbacks. The residents must plan and set their budget in advance to cover daily expenses, utilities, and rent or mortgage to afford the high cost of living. There also come parking constraints in certain areas, and being their hotspots, streets and public spaces remain congested most of the time.

The Beauty of Chicago’s High-End Neighborhoods

When it comes time to choose an area to reside in Chicago, budget and personal preference become an issue. The most expensive areas in Chicago, River North, Streeterville, and the Gold Coast, offer this mix of convenience, luxury, and neighborhood experience. Whether you desire the hip experience of the West Loop, Lincoln Park’s family experience, or classic elegance of the Gold Coast, these areas offer this one-of-a-kind experience. It’s time to choose the best investments; these areas offer the best of Chicago areas to reside in.

Luxe on the Gold Coast to elegance in Streeterville, Chicago’s high-end neighborhoods deserve cleaning services to match their flair. At Deep Cleaning Chicago, we specialize in fastidious, high-end cleaning services to bring luxury into any setting. Where you live, bring out the shine and sparkle in your home or office just as in city’s premier neighborhoods.