Gold Coast District is a historic District in Chicago, Illinois in the United States of America. It is a part of the Chicago’s Near North side community region and shares boundary with Lake Shore Drive, North Avenue and Clark Street.
The Gold Coast sprang up after the Great Chicago Fire in 1882 when Potter Palmer migrated to the area from where he was resident in Prairie Avenue neighborhood at the southern part of the Chicago city. He was later joined by other Chicagoans millionaire after he had succeeded in filling up the swampy area. The region eventually became on the richest in Chicago.
STANDARD OF LIVING IN GOLD COAST
The standard of living in Gold Coast is quite high as the region is dominated by the upper class Americans, who have a history of generational transfer of wealth. It is quite a densely populated region of Chicago, which can be said to be caused by the proximity to the beach, which serves as a vacationing point for the rich that dominates the entire region.
Gold coast is easily accessible to public transportation and this has made it very popular among new arrivals in the city. Real estate gold coast rent in Miami is quite fair when you have the affordability. The area has great shopping potential with awesome nightlife and various forms of entertainment at your disposal.
These awesome neighborhood inhabited by people that are of the upper class, has really had much cumulative effect on the cost of real estate and accommodation in the region. Gold Coast rental apartments are quite pricey like in expensive places such as Miami and Florida because of the influx of settlers in the past few years. The skyline of the Gold Coast is getting expanded by the year and more commercial activities are springing up everyday.
REAL ESTATE DEVELOPMENT IN GOLD COAST
It will interest you to know that 20-25 years ago, Gold coast hinterland was basically a residential area with great apartment buildings across the cities. These apartments building were dominated by expensive condos, exquisite skyscrapers. But in recent times the area has seen a high influx of commercial activities, which has consequently boost up the economy of the Gold Coast region.
Permanent apartment rentals have sprung up and it will be so important to note that only the citizens with high spending powers can actually survive well in the Gold coast. It won’t surprise you to see holiday lettings, such as a 4-bedroom Luxurious apartment as high as $4,000,000. Although across the city, apartment that cost less can be acquired, but they are all mostly on the 5-figure side even gold coast real estate school online. This does not mean you won’t see Australia design houses for sale gold coast under $400 000.
The real estate industry in Gold Coast is really booming. Yes, when you have pet-friendly apartment building running into the millions in a particular region, then you should understand that there is really a serious ray white real estate opportunities in that region.
Private townhouses in the Gold Coast region might even go for as high as $13-14 million when using real estate agents gold coast. This will get you an old exquisite home, with a world class museum quality design and standard interiors with great appealing woodworks.
DETAILED COST OF APARTMENT BUILDINGS AT THE GOLD COAST
1. 1-Bedroom Private Rentals $2200
2. 2-Bedroom For Rentals $5500
3. HOUSES AND CONDOS FOR SALE
• 2-Bedroom Condos $900,000
• 3-Bedroom Condos $3,000,000
• 4-Bedroom Condos $3,500,000
***Note that these prices of these houses offered for sale are on the Average/Median Range.
THE CHICAGO HOUSING AUTHORITY
The Chicago Housing Authority being the overseeing agency of all housing facilities within the Gold Coast region, assists in the building of a vibrant community within the city through its bold strategic initiative. The agency works with a host of stakeholders such as accredited Gold Coast real estate agents list to help the growing Gold Coast Community to build and sustain a very strong neighborhood
If you require a reasonable accommodation or you seek assistance in the application process.