About Gold Coast Rentals in Chicago IL
While real estate can range anywhere from $300,000 to well over $1,000,000, Gold Coast rental homes & condos can be found at a somewhat reasonable rate given the location. Lower-end one bedrooms can be found for about $1,300 per month. In many of the higher-end buildings however, entry level one bedroom units start at around $1,850 per month and can go over to $5,000 and beyond, depending on the features and amenities. (And be sure as a prospective tenant to consider deposits & pet deposits.) Perhaps the most notable statistic on Gold Coast real estate however, is that the sale price vs. the list price is almost always above 90%- A very impressive number given the current and recent state of the market.
Gold Coast Condo Rentals, Lofts and Homes for Rent
The Gold Coast area can be described as one of Chicago’s most prestigious and affluent neighborhoods. Comprised of mansions, townhouses and residential lakefront high-rises, the Gold Coast name even suggests riches. With its eastern boundary halted by Lake Michigan, residents have the opportunity to enjoy one the best beaches Chicago has to offer in Oak Street Beach.
Positioned in the heart of Gold Coast, is the lively intersection of Rush and Division-Chicago’s centerpiece for downtown nightlife. Not only lined with clubs and pubs, this strip is also home to the fine dining of Gibson’s Steakhouse, Carmine’s and Phil Stefani’s 437 Rush. In addition, located at 100 E. Chestnut Street, lies the ever-popular Ditka’s Steakhouse-a favorite among Chicago’s beloved Bears fans and food enthusiast alike. While exploring everything the Gold Coast has to offer, passerbies also cannot help but notice the dealerships’ to luxurious car manufacturers of Bentley, Buggati and Lamborghini; just another normalcy of the Gold Coast Chicago. This pristine atmosphere is truly one of a kind and many often compare it to the wealthy neighborhood of Manhattan’s Upper East Side.