Chicago is home to many expensive streets, but the most expensive street in the Windy City is North Astor Street. Located in the affluent Gold Coast neighborhood, North Astor Street is lined with luxury homes, mansions, and high-rise buildings. The average cost of property on North Astor Street is over $2 million, making it one of the most expensive streets in the United States.
North Astor Street is just a few blocks away from Lake Michigan, and it is also conveniently located close to the city’s financial district, making it a popular area for business professionals. In addition to being close to the lake, North Astor Street is located near some of the city’s best restaurants, shops, and nightlife.
Since the area is so desirable, it is no surprise that the cost of owning property there is high. The median price for a single-family home on North Astor Street is $2.7 million, and the median price for a condo is $1.2 million. The median sale price for a condo on North Astor Street is around $1.5 million, and the median sale price for a single-family home is $3.2 million.
The area is also popular amongst celebrities and business magnates, including Oprah Winfrey, who owns a mansion on North Astor Street. For those looking for a luxurious home in a desirable area of Chicago, North Astor Street is definitely the place to be.
Exploring The Most Expensive Street In Chicago
Chicago is home to many luxurious and expensive streets, and one of the most expensive and exclusive is the Gold Coast on the Near North Side. It’s located along the shore of Lake Michigan and its streets are lined with upscale restaurants, high-end retail stores, and luxury condominiums. It’s home to some of the wealthiest residents in the city, and it’s one of the most expensive streets in the country.
The Gold Coast was originally just a small enclave of upscale residences in the late 1800s but quickly grew into a luxury destination. Now the street is lined with some of the most expensive homes in the city, with average price tags reaching over $3 million for a single-family residence. The Gold Coast also has some of the city’s most exclusive and expensive restaurants, bars, and retail stores.
The Gold Coast has a lot to offer to those who can afford to live there. The street is teeming with luxury shopping, fine dining, world-class entertainment, and a vibrant nightlife. The street is also home to some of the city’s most prestigious private schools and universities, and it’s a great place to live for those who want to be close to the action. Overall, it’s one of the most expensive streets in the city and a great place to explore if you’re looking for luxury and exclusivity.
If you’re interested in exploring the Gold Coast and discovering what all the hype is about, here are some of the best places to visit:
- Oak Street Beach: Oak Street Beach is a popular beach and park on the Gold Coast, offering beautiful views of Lake Michigan and plenty of activities for both adults and kids.
- The Drake Hotel: The Drake Hotel is a luxurious hotel located on the Gold Coast, offering high-end amenities and luxurious accommodations. It’s a great place to stay if you’re looking for an upscale experience.
- Oak Street Shopping District: The Oak Street Shopping District is a popular shopping destination on the Gold Coast, offering a variety of upscale shops and boutiques. You’ll find everything from designer clothing to jewelry and more.
- Rush Street: Rush Street is the main street of the Gold Coast, and it’s lined with some of the city’s hottest bars and restaurants. It’s a great place to explore if you’re looking for an exciting nightlife scene.
The Gold Coast is one of the most expensive streets in Chicago, and it’s a great place to explore if you’re looking for luxury and exclusivity. Whether you’re looking for upscale shopping, fine dining, or a vibrant nightlife, the Gold Coast is the perfect place to experience it all.
| Street | Average Home Price |
|---|---|
| Gold Coast | $3 million |
| Lincoln Park | $1.6 million |
A Look At Chicago’s Costliest Residences
Chicago is recognized as one of the most expensive cities in the world, and its luxury real estate market is no exception. From high-rise condominiums to sprawling estates, the Windy City offers some of the most expensive and luxurious homes in the country. But what are the most expensive residences in Chicago?
According to real estate research firm Zillow, the top 10 most expensive residences in Chicago are located on the prestigious Lake Shore Drive. These homes are located on the city’s most wealthy and exclusive streets, and many of them have incredible views of Lake Michigan. The most expensive home on the list is the 8,000-square-foot penthouse located in the Palmolive Building, which is listed at $14 million. Other homes on the list include the 8,500-square-foot mansion located on Astor Street, which is listed at $13 million, and the 6,000-square-foot penthouse located in the Waldorf Astoria, which is listed at $10 million.
For those looking for a more affordable option, there are plenty of other luxury homes in Chicago that are much more affordable. For example, the newly constructed 7,000-square-foot estate located in Lincoln Park is listed at $4.5 million, and the 8,000-square-foot estate located in the Gold Coast neighborhood is listed at $7 million. While these residences are still quite expensive, they are much more affordable than the priciest residences on Lake Shore Drive.
If you’re looking for a place to call home in Chicago, there are plenty of luxurious and affordable options to choose from. Whether you’re looking for a multi-million-dollar lakefront estate or a more affordable option, there’s something for everyone in Chicago’s luxury real estate market.
The following table shows the estimated list prices of Chicago’s top 10 costliest residences.
| Location | Estimated List Price |
|---|---|
| Palmolive Building Penthouse | $14 million |
| Astor Street Mansion | $13 million |
| Waldorf Astoria Penthouse | $10 million |
| Lake Shore Drive Estate | $9 million |
| Trump Tower Penthouse | $8 million |
| Lincoln Park Mansion | $4.5 million |
| Gold Coast Mansion | $7 million |
| Lake Shore Drive Manor | $6 million |
| Highland Park Estate | $5 million |
| Oak Street Penthouse | $4 million |
Astor Street is one of the most renowned and expensive residential streets in Chicago.
Astor Street is located in the Gold Coast neighborhood of Chicago.
Astor Street is home to high-end condos and single-family houses.
The average house price on Astor Street is over $3 million.
Astor Street was named after John Jacob Astor, a prominent businessman and real estate speculator in the 1800s.
Attractions near Astor Street include the Oak Street Beach and the Magnificent Mile.
Yes, many celebrities, such as Oprah Winfrey and Harrison Ford, have owned homes on Astor Street.
Yes, there are several high-end restaurants on Astor Street, such as Balsan and Nellcote.
Astor Street is home to the historic Astor Street Mansion, which was built in the late 1800s.
Yes, there is a small park located near Astor Street called the Astor Street Park.