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Lakeview

Lakeview Belmont Stop

Lakeview Belmont Stop

Lake View or Lakeview, as it is increasingly spelled, is one of Chicago’s most sought after neighborhoods. It is bordered by North Ravenswood Avenue on the west and Lake Michigan on the east, and West Diversey Parkway on the south and West Irving Park Road on the north. It is the second largest neighborhood in the city and it is the most densely populated. With a land area that spans only about 3 miles, it has over 90,000 residents.

Conrad Sulzer of Switzerland was the first settler to live in the area. In mid-19th century, James Rees and Elisha Hundley built Hotel Lake View on the corner of what we now call the Sheridan and the North Lake Shore Drive. Historians say that it was one of the first few permanent structures that were built in the area. However, this resort-like hotel became a refuge center during the typhoid fever outbreak in the 1890’s.

Lakeview has gained the reputation of being a prime real estate destination in Chicago. Its proximity to the Loop and Lake Michigan, as well as its excellent shopping, dining and recreation options continue to attract many real estate buyers.

Belmont Retail

Belmont Retail

Lakeview is a combination of retro and trendy. Its streets are lined with vintage buildings and contemporary high-rise structures that blends seamlessly to create an eclectic appeal. Despite the relatively high cost of living in this area, many real estate buyers still find Lakeview real estate a sound investment. Many consider this area a good place to settle and raise a family, primarily due to the diversity that it offers. One can find a lovely Lakeview property on a quiet street that is just a few minutes away from the main commercial district.

Retail area around Sheffield and Clark

Retail area around Sheffield and Clark

On average, Lakeview real estate is quite cheaper than those found in other neighborhoods. Despite the  financial crisis from 2008-2012, Lakeview real estate values have been steadily rising.

Lakeview popular restaurant and one of Harry Maisel's favorites

Lakeview popular restaurant and one of Harry Maisel’s favorites

 

 

Transportation

Most of the residents in Lakeview don’t own cars. With most of their transportation needs met by the Chicago Transport Authority (CTA), residents don’t see the necessity of owning their own vehicles. Two of the Chicago’s rapid transit stations are in Lakeview – Addison Station and Belmont Station. The CTA also operates several buses in Lakeview which run every few minutes. Several Lakeview residents find bicycles very useful as bike paths are located on many city streets. Taxis and limousines are available, while bicycle rickshaws can be found in some areas of the neighborhood, especially around Wrigley Field.

Schools

Lakeview offers some of the best schools in Chicago. Parents have several options where they can apply and enroll their children. Blaine Elementary School, Hawthorne Scholastic Academy and Burley Elementary School are three highly rated Chicago Public Schools that have received recognition for their outstanding achievements. There are also magnet schools in Lakeview, which have programs that are designed to meet the unique needs and interests of many children. Lake View High School is the oldest high school in the entire state, and boasts of various accelerated learning opportunities and state-of-the-art facilities. Lane Tech is another very well rated high school that requires kids to test in for admittance.

Major Events

Wrigley Field, home of the Chicago Cubs, is located in Lakeview. During baseball season, the restaurants and pubs here are always full, entertaining thousands of Cubs fans. Some houses and buildings in Wrigleyville feature private“bleachers” where people can purchase tickets to watch baseball games on top of buildings. Entrance fees to these “bleachers” are generally more expensive than tickets to the stadium as they come with unlimited food and drinks.

Lakeview has several events that keep residents and visitors busy throughout the year. The Bank of America Chicago Marathon which occurs once a year every October, takes place along North Lake Shore Drive and North Broadway. Another bicycle event, called Bike the Drive, uses some parts of Lakeview as turnaround point. Additionally, one of the summers biggest draws is the Chicago Gay Pride Parade which makes its way down Broadway and Halsted streets.

The prestigious fashion event, How Lake View Looks, is organized by the Central Lake View Merchants Association. This event is held annually at the Cubby Bear. This runway event showcases the latest trends in fashion.

Other Lakeview events include: art gallery tours, garden walks and music fests. Kids of all ages, including adults, participate in various costume competitions during Halloween. During Easter, several organizations organize egg hunts.

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