Streeterville homes for sale belong to one of the most affluent communities in Chicago.
Streeterville homes for sale belong to one of the most affluent communities in Chicago. This neighborhood is defined in the east by the one of the city’s top shopping destinations, the Magnificent Mile. In the west it is defined by Lake Michigan. Streeterville is home to a number of Chicago landmarks, such as the Navy Pier and the Museum of Contemporary Art. Additionally, residents will find a fantastic selection of highly rated restaurants, services, and architectural marvels. Streeterville real estate predominantly takes the form of high-rise apartment buildings, and prices for these suites vary widely depending on the size and level of luxury. Whether you’re an affluent buyer looking for a prestigious abode, or a first-time homeowner on a budget, this market has potential.
Located on the shores of Lake Michigan, the Chicago neighborhood of Streeterville finds itself on a reclaimed sandbar. The community is named after George Wellington Streeter, a man whose real estate schemes made him well known throughout the city. Today, the Streeterville real estate market is predominantly composed of apartment buildings. Because of the desirability of the area, homes in this region are often highly valued.
The neighborhood is full of commercial and retail services, but much of the southern part of the neighborhood is home to residential properties. The development of this community occurred in a series of booms: an early period of development after the First World War, another after the Second Word War, and a third in the early 2000s. As such, home buyers will find architecture representative of all three of these eras. In fact, this Chicago community is well known for its impressive architecture.
The works of renowned architect Mies Van Der Rohe are included in Streeterville’s boundaries. 860-880 Lake Shore Drive Apartments is one such example. The two glass-and-steel towers are affectionately called the “Glass House” apartments and were added to the National Register of Historic Places in 1980.
Streeterville homes for sale are mainly condos. Many of the suites that belong to complexes along Lake Shore Drive boast spectacular views of the lake, and those along North Water Street can enjoy views of the Chicago River and the southern section of the city. Streeterville apartments range widely in level of luxury. Some of them sell for millions of dollars and unfold over thousands of square feet. Others sell for an affordable $100,000 and measure less than 1,000 square feet and are ideal for individuals looking for a cozy space to call their own. As such, regardless of whether you are buying a home for one or for an entire family, you’ll find that there are plenty of options on the Streeterville real estate market.
Few communities in Chicago enjoy a more diverse selection of amenities close to home. Along the shores of Lake Michigan, residents can walk, cycle, or jog along the Lakefront Trail or enjoy one of the public parks along the water. These include:
There is also the Navy Pier which extends an impressive 3,300 feet over the water and encompasses a selection of shops, restaurants, family attractions, and exhibition rides that is sure to impress. It is one of the top attractions in the Midwest, attracting approximately nine million patrons each year. In fact, it is Chicago’s most attended attractions. It’s a great place to enjoy a fun weekend or grab a great meal. At night, the pier lights up into a beautiful spectacle of winking lights and neon bulbs.
Streeterville also enjoys an ideal proximity to the Magnificent Mile, Chicago’s largest shopping district. There, residents will find a number of upscale restaurants, department stores, shops, hotels, and businesses. As such, locals will find that the Magnificent Mile is not only a place to shop, but a place to work for many residents of the area.
Because this Chicago neighborhood is packed with city attractions and fantastic restaurants, the location is popular among hotels. Other services and major employers in the area include Northwestern Memorial Hospital, Ann & Robert H. Lurie Children’s Hospital, and Northwestern Pritzker School of Law.
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