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Gold Coast - The Wealthiest Neighborhood In Chicago!

Gold Coast is Chicago’s wealthiest neighborhood. Its reputation of prestige and wealth dates as far back as the late nineteenth century when influential Chicagoans started to build mansions in the area. As more and more people built their homes in the Gold Coast neighborhood, space became limited, and high-rise residential buildings were built.

In the 1800’s, this area was known as the Astor Street District. It got its name after the well-respected John Jacob Astor, one of America’s richest people at that time. Now, this area is known as the Gold Coast, and is part of Chicago’s Near North Side community. The Gold Coast is bounded by North Avenue, Clark Street, Oak Street and Lake Shore Drive.

The Gold Coast neighborhood is better known as the Gold Coast Historic District. Gold Coast real estate boasts some of Chicago’s oldest and most elegant architecture. Each Gold Coast property can elicit a sense of history in anyone walking through the area. The stone mansions give the impression of stability and endurance.

A local organization called Gold Coast Neighbors is committed to preserving the neighborhood’s unique historic heritage. One of the structures of interest for residents and tourist alike is the Archbishop’s Residence at 1555 North State Parkway. Several prominent personalities have already stayed here including: Pope John Paul II and US President Franklin Roosevelt. This three-story structure is considered to be one of the most well-preserved buildings in Chicago.

Living in Gold Coast

Many real estate buyers are drawn toward Gold Coast real estate’s modern living combined with classic architectural styles. The neighborhood offers many outstanding attributes which continue to draw visitors and to make residents proud.

 

100 E Bellevue Rooftop Pool

100 E Bellevue Rooftop Pool

 

Shopping

Gold Coast’s popular streets are lined with high-end boutiques that feature products from internationally acclaimed brands. The famed Magnificent Mile, home to many upscale retail stores is just the start to some serious shopping.

Dining and Recreation

Gold Coast residents live close to Oak Street Beach which is an excellent place to rest and relax. While on the beach, Chicagoans can indulge in the spectacular view of the skyscrapers which makes up the Chicago skyline. Additionally, those residing in a Gold Coast property along Lake Shore Drive have an unobstructed view of the Lake Michigan. The Lincoln Park and the Lincoln Park Zoo can be easily accessed from anywhere in the Gold Coast too.

This historic district is also famous for its excellent dining options. Gold Coast is packed with restaurants and bars, many of which are located along Rush Street. Many consider this area as “the place to be” especially in the summer months. Some establishments have banked on the street’s popularity by including it in their business name.

Residents interested in the Arts will not run out of options as the neighborhood has a number of museums, art galleries and theater. Every summer, The Gold Coast Art Fair is held, bringing together some of the best artists in the United States. For bookworms, the Newberry Library is in Gold Coast. It is renowned for its vast collection of books as well as its lectures and exhibits.

Schools

Gold Coast is serviced by three Chicago Public Schools, namely Ogden School, O.A. Thorp Scholastic Academy and Lincoln Park High School. Other schools in the neighborhood are Franklin Elementary Fine Arts Center, Skinner Elementary School and Payton College Preparatory High School. Latin, the most prominent private school in the Gold Coast, is located at the corner of North and Clark and offers education from K-12.

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