5 Best Neighborhoods to Live in Chicago

5 Best Neighborhoods to Live in Chicago


Famous for its museums, architecture, arts, culture, and attractions, Chicago draws visitors and new residents worldwide. There are 77 community areas officially recognized by the city. However, unofficially there are over 100 neighborhoods in Chicago. While all of them have their unique style, five stand out.

The Gold Coast

What makes the Gold Coast unique?

Many wealthy and well-known people live in the exclusive enclave called the Gold Coast. The neighborhood lies just north of downtown along Lake Michigan. It has historic architecture, gorgeous scenery, and posh restaurants and shops.

Things to do

Locals do not even have to venture out of the neighborhood to find something to do. The 18-mile Lakefront Trail has Lake Michigan and the iconic city skyline as a backdrop. Shoppers can peruse the designer boutiques along Oak Street, and theatergoers can take in a show at the Ruth Page Center for the Arts.

Where to dine

Some of Chicago's finest restaurants are in Gold Coast. Maple & Ash is a glamorous spot to dine for mouthwatering steak. Locals enjoy the secret garden atmosphere of the 3 Arts Club Cafe. There is also Adalina, where servers dress in tuxedo jackets as they deliver delicious Italian fare.

Schools

  • British International School of Chicago
  • Frances Xavier Warde School
  • Latin School of Chicago

Real estate in Gold Coast

The Gold Coast is experiencing a buyer’s market. In April 2023, the median home price in Gold Coast had risen by 1.1% from last year to $362,391. The median sold price for a three-bedroom was $815,000 in April 2023, up 2.4% from 2022.

Lincoln Park

What makes Lincoln Park unique?

Lincoln Park is an affluent area of Chicago and a favorite for families and young professionals. It is close to the downtown core but has tree-lined streets, quaint shops, and a massive amount of green space, which gives it a small-town feel.

Things to do

From the Chicago History Museum to Steppenwolf Theater, there is never a dull moment in Lincoln Park. Visit the zoo, the conservatory, or shop at the boutiques in the Armitage-Halsted area. Relax or join in activities at the 1,188-acre Lincoln Park or swim at North Avenue Beach.

Where to dine

Savor the inventive American dishes at the trendy Boka, a Michelin-starred restaurant. Enjoy a multi-course meal at the ultra-modern Esme or experience the tranquil atmosphere and American cuisine of the North Pond in the middle of Lincoln Park.

Schools

  • British International School of Chicago
  • Francis W. Parker School
  • Latin School of Chicago

Real estate in Lincoln Park

Lincoln Park is in a seller’s market. In April 2023, the median home price in Lincoln Park had risen by 3.1% from the previous year to $635,813. The median sold price for a three-bedroom was $770,000 in April of this year, up 7.7% from 2022.

The Chicago Loop

What makes the Chicago Loop unique?

The Loop is in the city's heart, surrounded by lavish high rises, restaurants, and shops. It also has the crowds and activities associated with being in the center of a large metropolis.

Things to do

The Loop has everything the windy city has to offer. It has museums like the Art Institute of Chicago, Broadway-style shows at CIBC Theatre, outdoor recreation at Millennium Park, and shopping at the Magnificent Mile.

Where to dine

Venteux Brasserie is an upscale cafe with scrumptious French fare. Enjoy a delicious brunch at this restaurant that sports a classic European vibe. Step into another era for dinner. The Prime & Provisions Steakhouse has mouthwatering cuts of meat and a speakeasy atmosphere. Try Ocean Prime with its picture-perfect city views for delicious seafood and steak.

Schools

  • British International School of Chicago
  • GCE Lab School
  • GEMS World Academy Chicago

Real estate in the Loop

The Loop is in a neutral market. In April 2023, the median price for homes in the Loop was $354,285, an increase of 0.7% from 2022. On average, a three-bedroom home sold for $956,200 this year, up 9% from last year.

Streeterville

What makes Streeterville unique?

Nestled between the Magnificent Mile and Navy Pier, Streeterville is just outside the Loop. Many choose this neighborhood for the hustle and bustle of city life without the constant crowds in the Loop.

Things to do

Visit the iconic Navy Pier and all its attractions, browse installations at the Museum of Contemporary Art, or shop all day at the Magnificent Mile.

Where to dine

The premier steakhouse, Capital Grille, has an elegant ambiance and savory dishes. Right around the corner from it is Les Nomades which may be the finest French restaurant in the city. Hidden in a two-story brownstone, this restaurant serves a five-course prix fixe menu. Around the corner at the end of the block is WoodWind. Do not let the location fool you. It is located in Northwestern, but its classic American fare and amazing cityscape views make it a hidden gem.

Schools

  • British International School of Chicago
  • Frances Xavier Warde School
  • GEMS World Academy Chicago

Real estate in Streeterville

Streeterville is in a buyer’s market. The median home price in April of 2023 in Streeterville was $457,700, an 8% dip from the previous year. The median sold price for a three-bedroom was $988,000 in April this year, down 6.1% from 2022.

River North

What makes River North unique?

River North lies alongside the picturesque banks of the Chicago River. Teeming with nightlife, it is hip, artsy, and vibrant, and many young professionals call this neighborhood home.

Things to do

River North is full of excitement. Go boating in the Chicago River or stroll along the Riverwalk and see the open-air art gallery. Visit hidden speakeasies, rooftop bars, and entertainment venues like the House of Blues.

Where to dine

Dine at Gene & Georgetti, the oldest steakhouse in Chicago, or try savory prime cuts of beef and seafood at the cozy Basque Country-inspired Asador Bastian. For a mix of classic and fusion French fare, there is Obelix. Diners are charmed by its food and open, modern decor.

Schools

  • British International School of Chicago
  • Frances Xavier Warde School
  • GEMS World Academy Chicago

Real estate in River North

River North is in a buyer’s market. The median price for a home this April was $440,000, up 2.2% from last April. On average, three bedrooms sold for $925,000, an 8.8% increase from last year.

Trust Amy Crane to help

Moving to a new place is daunting. There are so many choices, and unless you are familiar with the city or know someone that is, it can be overwhelming. You need an expert, but there are so many real estate agents in Chicago. Who can you trust?

Award-winning REALTOR® Amy Crane specializes in luxury real estate in Chicago and the surrounding areas. She has experience in Geneva, Lake Forest, St. Charles, and beyond. If you are buying or selling property, you can trust her to treat your bid or property as if it were hers. Contact Amy today for personalized service that you can trust.


WORK WITH AMY

I pride myself on negotiating skills that allow my clients interests to be represented in the best possible way. You will get the absolute best price in buying a home, and if selling you will keep as much equity and wealth as possible.

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