1110 North Lake Shore Drive

The Gold Coast offers an excellent urban lifestyle steps from the best that Chicago has to offer. Buyers have many options to choose from on the Gold Coast. Several new ultra luxurious developments are currently underway next to older and more affordable buildings.

One development that offers a number of luxury condominiums on the Gold Coast is located at 1110 North Lake Shore Drive. This 40-story building was designed by Hausner & Macsai in 1970, and offers a total of 74 luxury units.

A number of floor plans are available at 1110 North Lake Shore. While no units are currently listed on the market, recent MLS data can give us an idea of prices and features of condominiums at this Gold Coast building. The most affordable unit sold in recent months is a three-bedroom and 2.5-bath condominium with a total of 2,200 square feet of living space that sold for $625,000. This unit was originally listed at $715,000, and was on the market for 245 days.

The largest unit to sell in recent months was also a three-bedroom and 2.5-bath condominium. However, this unit offered a total of 2,315 square feet of living space, and sold for $1.092 million.

Residents of 1110 North Lake Shore Drive enjoy a number of luxury amenities standard with each unit. The gourmet kitchen comes with an appliance package, island layout, and granite countertops. Many units offer a master bathroom with steam shower and separate soaking tub. In-unit laundry is available in most condominiums. Many of these units offer panoramic views of Lake Michigan and the downtown Chicago skyline.

The development is a full service building. Residents enjoy valet parking in the underground parking garage, free guest parking, a 24-hour doorman service, and modern fitness center. A pool is also available for all residents to use at 1110 N. Lake Shore Drive.

The neighborhood can't be beat. The area is home to some of the best restaurants in the city, particularly along Rush Street. Rush Street is also the center for nightlife in the immediate neighborhood.

Shoppers will love the easy access to the Magnificent Mile, located just a couple blocks south. Find the best brand name stores and designers along this famous strip of Michigan Avenue.

Commuters can get to the downtown Chicago business district in a matter of minutes via local buses and the El on Clark and Division. Residents can also enjoy a short walk to work, as most of downtown is within walking distance.

The real estate market on the Gold Coast is one of the busiest in the city. According to data from the Chicago Association of Realtors, a total of 3,131 condos and lofts were sold throughout the Near North Side in 2007, which includes the Gold Coast. This was the highest sales for any Chicago neighborhood during 2007.

Prices were up another 3 percent in the neighborhood during the year, and promise to rise even higher as a number of new ultra luxurious developments are completed in the area. If you're selling your condo on the Near North Side, it will now take you an average of 99 days to find a buyer, up from 90 days a year ago.

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