Condos &
Short
The HomesByMarco team are experts in the area. If you're looking to buy a home in Chicago, give us a call today at 888-32-MARCO.
The Magnificent Mile is an upscale section of Chicago's Michigan Avenue running from the Chicago River to Oak Street in the Near North Side. It is located adjacent to downtown, one block east of Rush Street. The Magnificent Mile is the main thoroughfare between the Chicago Loop's business district and the Gold Coast. It is currently Chicago's largest shopping district and several of the tallest buildings in the United States are located in the Magnificent Mile including the John Hancock Center and Trump International Hotel and Tower. Landmarks along the Magnificent Mile include the Wrigley Building, Tribune Tower and Chicago Water Tower.
Magnificent Mile currently has 12 condos/townhomes with an average list price of $682,750. The average annual property tax for Magnificent Mile is $9,870.
Current Homes for Sale
Single-FamilyHomes 0 no homes |
Multi-UnitHomes 0 no homes |
Lots /Land 0 no homes |
Foreclosuresfor Sale 0 no homes |
NewConstruction 0 no homes |
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Ogden Elementary School | 299 | Elementary | K-5 |
| Wells Community Academy High School | 299 | High | 9-12 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Magnificent Mile, i.e. what's hot and what's not.
See What's Hot & What's Not in Magnificent MileBuildings/Subdivisions
| Buildings/Subdivisions | Median Price | |
|---|---|---|
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1000 Lake Shore Plaza 1000 Lake Shore Plaza Condominiums is located in the Gold Coast neighborhood of Chicago, Illinois at 1000 N Lake Shore Drive. Amenities include doorman, indoor pool, exercise facility, valet parking and party room. It is close to Lake Michigan, shopping, restaurants, public transportation and expressways. Read more |
$700,000 |
|
535 North Michigan 535 North Michigan is a 435 condominium high-rise built in 1962. 535 N. Michigan is located in the Streeterville neighborhood of Chicago. Beautiful views can be seen of Lake Michigan & the Chicago skyline Read more |
$190,000 |
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777 North Michigan 777 N Michigan is a condominium high-rise built in 1965 situated in the heart of the Magnificent Mile. 777 N Michigan is located in the Streeterville neighborhood of Chicago. Enjoy top of the line roof top deck with cabanas overlooking Lake Michigan and Chicago skyline views. Read more |
$155,000 |
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Chicago Place Chicago Place is a 205 unit residential condo building located at 100 E Huron in River North neighborhood of Chicago, Illinois. River North is part of the Near North Side community of Chicago, Illinois. One, two and three bedroom residential units are offered above Chicago's Magnificent Mile of North Michigan Avenue. The Near North Side is one of 77 well defined community areas of Chicago, Illinois, United States. It is located north of the Chicago River and the downtown central business district (the Loop). River North is a neighborhood in the Near North Side community area of Chicago, Illinois. It is bound by Michigan Avenue to the east, Chicago Avenue to the north, and the Chicago River to the south and west. This neighborhood, home of The River North Gallery District, has the largest concentration of art galleries in the United States outside of Manhattan. Read more |
$600,000 |
|
Gold Coast Galleria Gold Coast Galleria is a condo building built in the late 1990s in the gold Coast neighborhood of Chicago. Gold Coast Galleria is located at the Southwest corner of Clark and Maple at 111 West Maple. Gold Coast Galleria is close to five-star restaurants, Lake Michigan, boutiques, and jazz clubs. Read more |
$152,000 |
We've helped 68 families buy and sell in Chicago.
The HomesByMarco team are experts in the area. If you're looking to buy a home in Chicago, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts in the area. If you're looking to buy a home in Chicago, give us a call today at 888-32-MARCO.
Market Trends
Loading...Real Estate News
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Homes Just Sold in Magnificent Mile: April 22nd to April 28th - April 29, 2025 Magnificent Mile had only 1 sale during the week of Tuesday, April 22 to Monday, April 28, including and it was a condo/townhome with a list price of $679,000. $679,000 950 ... continue reading |
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New Homes For Sale This Week in Magnificent Mile: April 11th to April 17th - April 18, 2025 Magnificent Mile had only 1 new home for sale during the week of Friday, April 11 to Thursday, April 17, including and it was a condo/townhome with a list price ... continue reading |
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New Homes with a Master Bedroom on the 1st Floor in Magnificent Mile: April 5th to April 11th - April 12, 2025 Magnificent Mile had 2 new homes for sale with a master bedroom on the first floor during the week of Saturday, April 5 to Friday, April 11, including 2 condos/townhomes ... continue reading |
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New Homes For Sale This Week in Magnificent Mile: April 4th to April 10th - April 11, 2025 Magnificent Mile had only 1 new home for sale during the week of Friday, April 4 to Thursday, April 10, including and it was a condo/townhome with a list price ... continue reading |
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New Homes with a Master Bedroom on the 1st Floor in Magnificent Mile: March 29th to April 4th - April 5, 2025 Magnificent Mile had only 1 new home for sale with a master bedroom on the first floor during the week of Saturday, March 29 to Friday, April 4, and it ... continue reading |
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