The Gold Coast – Originally, the Gold Coast was a very exclusive community with it’s border being Division Street on the south, North Avenue on the North, Lake Michigan on the east and the alley between Dearborn and Clark Street on the west.
As developers began buying up parking lots and older vintage properties and revitalizing these properties into luxury townhouse communities and luxury high rise condominiums including coops (cooperative units), the Gold Coast was enlarged from it’s former boundaries into new boundaries from Chicago Avenue on the south to North Avenue on the north and from LaSalle Street on the west to Michigan Avenue on the east.
The following data is as of August 9, 2017:
Coops/Condominiums (Make up the bulk of residential units in the Gold Coast)
Studios to Multi-bedroom Coops/Condominiums – There are currently 308 Active Listings on the market and are priced from $149,999.00 to $12,950,000.00.
Studios to Multi-bedroom Coops/Condominiums – There are currently 137 Under Contract or Pending (waiting to close) and are priced at $135,000.00 to $5,850,000.00.
Sold Listings for the past 6 months (appraisers use the last 6 months of sales to assist in determining the current market value of a property)
Studios to Multi-bedroom Coops/Condominiums – In the past 6 months there have been 498 Sold Condominiums with Sold prices from $105,000.00 to $4,375,000.00.
Single Family Residences (Including free-standing Homes, Row Houses – but not Town Houses)
Single Family Residences – There are currently 31 Active Listings on the market and are priced from $1,549,000.00 to $12,590,000.00.
Single Family Residences – There are currently 2 Under Contract or Pending and are priced from $1,725,000.00 and $1,995,000.00.
Single Family Residences – There have been 11 Sold Single Family Residences with Sold prices from $1,219,000.00 to $4,000,000.00.
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