Tourists of course know Michigan Avenue in Chicago as the best stretch of the city to stroll and shop. But real estate agents and those looking to buy a condo in Chicago also know Michigan Avenue as one of the most convenient neighborhoods in the Near North Side. Living in a high rise condo building near Michigan Avenue puts you literally in the middle of everything that Chicago is known for– close to the industry of downtown, the shopping and sights of the Magnificent Mile, and the shoreline of Lake Michigan. Plus, you’ll inevitably have some of the best views of the Chicago skyline.

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Nowadays, River North is one of the hottest ‘hoods in Chicago. Famous for its art galleries and nightlife, it has had one of the largest population booms of all Chicago neighborhoods in recent years.

In fact, according to the Chicago Tribune, “The Near North Chicago neighborhood has 25,000 new residents occupying 10,000 new housing units built since 2000. Along with them have come offices, hotels, eateries, clubs, art galleries and shops. The central location makes whatever isn’t there an easy walk or cab ride away.”

But real estate in this Chicago neighborhood hasn’t always been so desirable. Keep reading to find out more about the history of the area and what it has going on now.

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