1516 N State

The Gold Coast offers some of the best condominium developments in the city. Residents of this prestigious neighborhood enjoy a lifestyle that is second to none in Chicago.

One building that currently has several units currently on the market is located at 1516 N. State Street. This high-rise tower was built in 1974, and is home to a total of 64 luxury condominiums. Buyers can find several floor plans offering one and two-bedroom layouts at 1516 N State.

The most affordable unit currently on the market at 1516 N. State is a two-bedroom and two-bath condominium priced at $379,000. This two-bedroom and two-bath condominium offers a total of 1,200 square feet of living space. Another larger two-bedroom and two-bath condominium is also available at 1516 N State. This unit offers 1,450 square feet of living space, and is priced at just $425,000.

If you're looking to rent an apartment on the Gold Coast, this development often has units available for rent. One unit currently on the market is a two-bedroom and two-bath condominium. This unit is priced at $2,100 per month.

Residents of 1516 N State enjoy several luxury amenities standard in each unit. The gourmet kitchen comes with a large floor plan, granite countertops, and a breakfast bar. An appliance package is included with each condominium. Residents also enjoy excellent views of the downtown Chicago skyline from a private balcony. Many master bathrooms offer a Jacuzzi. Hardwood floor are standard throughout the main living areas.

This full amenity building is a pet friendly development. The building also offers a number of luxury features, including a pool, modern fitness center, and 24-hour doorman. Parking is available for rent or for purchase. Extra storage is also available for all residents.

The building is located in a quiet neighborhood just one block south of the popular Lincoln Park. Residents are within walking distance of Lake Michigan, and enjoy easy access to walking trails, bike paths, and beaches. Living in 1516 N State makes it easy to maintain an active lifestyle in the heart of Chicago.

For a night on the town, head over to Wells Street and North Avenue, where you'll find many restaurants to choose from as well as several popular clubs. This part of Old Town Chicago is home to excellent live music throughout the week.

Commuters can find several buses that serve downtown Chicago within a few blocks of home. The nearest El stop is located at Sedgwick Street, about 5 minutes from home. If you've got some extra time, much of the downtown Chicago business district is within walking distance of home.

The real estate market in the Gold Coast is one of the most popular in the city. Together with other neighborhoods on the Near North Side of downtown, the market is consistently the most active of all areas in Chicago.

While sales in the city were down more than 10 percent in 2007, the Near North Side saw a slight 4 percent decline in demand during the year. Prices continued to rise, with the average sales price increasing by 7 percent during the year.

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