Magnificent Mile

Community Area: Near North Side

The Magnificent Mile lives up to its name. The upscale stretch of North Michigan Avenue is known as one of the most vibrant commercial and cultural destinations in the world.

Skyscrapers, landmark architecture and high-end retailers line the streets, extending north to Oak Street and south to the Chicago River. Only steps from Lake Michigan, the Magnificent Mile is also home to world-class hotels and prestigious education and medical facilities.

The concept for the Magnificent Mile was part of the 1909 Burnham Plan of Chicago, and the district was ultimately named in the 1940s. The Magnificent Mile is steeped in Chicago cultural history, with nearly a dozen buildings that are Chicago Landmarks, National Historic Landmarks or listed in the National Register of Historic Places. Some of the world's tallest buildings are located here, including 875 North Michigan Avenue, the building formerly known as the John Hancock Center.

In the Magnificent Mile district, residents live in luxury condominiums and contemporary high-rises with all the modern amenities. Public transportation is plentiful with numerous bus lines running up and down Michigan Avenue.






Nearby Public Transportation

CTA Rail

at Chicago, Grand, Lake, State/Lake


School Districts

City Of Chicago Sd 299



Middle Schools

No Data Found



School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

201 E Chestnut Street #18F Chicago, Illinois 60611
$275,000 | Condo | 1 Beds | 1 Baths
Open House: Saturday, August 24th, 2019 10:00am - 11:30am
1500 N Astor Street #5 Chicago, Illinois 60610
$1,195,000 | Condo | 2 Beds | 2.1 Baths
Open House: Saturday, August 24th, 2019 11:00am - 1:00pm
1440 N Wells Street #L Chicago, Illinois 60610
$875,000 | Townhome | 3 Beds | 3 Baths
Open House: Saturday, August 24th, 2019 11:00am - 1:00pm
1100 N Lake Shore Drive #9C Chicago, Illinois 60611
$675,000 | Condo | 3 Beds | 2.1 Baths
Open House: Saturday, August 24th, 2019 11:00am - 12:30pm


Click on the market snapshot below to view detailed market trends


Average Sales Price

$667,444

Average Days on Market

113

Sales Prices vs. List Price

96%


Data represents the community area's average over the past 12 months. All information deemed reliable, but not guaranteed.