Magnificent Mile, Chicago, IL, Real Estate

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 15 condos for sale with an average list price of $884,103.13. The average annual property tax for Magnificent Mile is $13,466.00.

Current Homes for Sale

Schools

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What's Hot & What Not

Absorption Report 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.

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Recent Sales

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Buildings/Subdivisions

Buildings/Subdivisions Median Price
1000 Lake Shore Plaza

1000 Lake Shore Plaza

1000 Lake Shore Plaza is a condo building in the Rush & Division neighborhood of Chicago, Illinois. It currently has 3 condos for sale with an average list price of $533,266.67. The homes range in size from 1,280 ft2 to 3,300 ft2. The average annual property tax for 1000 Lake Shore Plaza is $9,681.75. It is located in Cook County. 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
Median Price: $383,000
535 North Michigan

535 North Michigan

535 North Michigan is a condo building in the Magnificent Mile neighborhood of Chicago, Illinois, built between 1959 and 1967. It currently has 5 condos for sale with an average list price of $237,800. The homes range in size from 525 ft2 to 1,560 ft2. The average annual property tax for 535 North Michigan is $3,677.15. It is located in Cook County. 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
Median Price: $203,000
777 North Michigan

777 North Michigan

777 North Michigan is a condo building in the Streeterville neighborhood of Chicago, Illinois, built between 1927 and 1969. It currently has 7 condos for sale with an average list price of $256,663.86. The homes range in size from 600 ft2 to 1,700 ft2. The average annual property tax for 777 North Michigan is $5,116.88. It is located in Cook County. 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
Median Price: $157,500
Chicago Place

Chicago Place

Chicago Place is a condo building in the Streeterville neighborhood of Chicago, Illinois, built between 1987 and 1993. It currently has 9 condos for sale with an average list price of $1,040,183. The homes range in size from 1,025 ft2 to 5,500 ft2. The average annual property tax for Chicago Place is $15,740.91. It is located in Cook County. 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
John Hancock Center

John Hancock Center

John Hancock Center is a condo building in the Streeterville neighborhood of Chicago, Illinois, built between 1968 and 1976. It currently has 16 condos for sale with an average list price of $721,293.75. The homes range in size from 1,470 ft2 to 3,500 ft2. The average annual property tax for John Hancock Center is $8,622.38. It is located in Cook County. The John Hancock Center offers some of the best views of Chicago's skyline with 100 stories of steal and glass built in 1970. The John Hancock Center features condos from 44th through 92nd floors. John Hancock Center Residences are located at 175 E. Delaware Place inn Chicago, Illinois. The John Hancock Center offers a mix of units ranging from studios to combined four bedrooms. ... Read more
Median Price: $300,000
Show all 11 Buildings/Subdivisions

Buildings/Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Magnificent Mile: July 18th to July 24th

New Homes For Sale This Week in Magnificent Mile: July 18th to July 24th - July 25, 2025

Magnificent Mile had only 1 new home for sale during the week of Friday, July 18 to Thursday, July 24, including and it was a condo for sale with a ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Magnificent Mile: July 5th to July 11th

New Homes with Master Bedrooms on the 1st Floor in Magnificent Mile: July 5th to July 11th - July 12, 2025

Magnificent Mile had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 5 to Friday, July 11, including 2 ... continue reading
New Homes For Sale This Week in Magnificent Mile: July 4th to July 10th

New Homes For Sale This Week in Magnificent Mile: July 4th to July 10th - July 11, 2025

Magnificent Mile had 2 new homes for sale during the week of Friday, July 4 to Thursday, July 10, including including 2 condos for sale with an average list price ... continue reading
Homes Just Sold in Magnificent Mile: July 1st to July 7th

Homes Just Sold in Magnificent Mile: July 1st to July 7th - July 8, 2025

Magnificent Mile had only 1 sale during the week of Tuesday, July 1 to Monday, July 7, including and it was a condo for sale with a list price of ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Magnificent Mile: June 28th to July 4th

New Homes with Master Bedrooms on the 1st Floor in Magnificent Mile: June 28th to July 4th - July 5, 2025

Magnificent Mile had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, June 28 to Friday, July 4, and ... continue reading
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