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Lakeshore East Neighborhood Summary

Updated: Feb 16, 2022

Neighborhood Report

Cost of Living: High

Public Transit: High

Nightlife: Medium

Restaurants: Medium

 

Lakeshore East is a one-of-a-kind neighborhood developed under a master plan which includes some of the tallest residential buildings in Chicago, restaurants, a park, a school and a grocery store. The highlight of Lakeshore East is its close proximity to the Loop, Millennium Park, Grant Park and its family- and retiree-friendly atmosphere.


The Lakeshore East Park includes a jungle gym, a dog park, various fountains and free Wi-Fi. It is truly one of the most favorable characteristics of this neighborhood. Next on the list is Lakeshore East's neighborhood full-sized grocery store. The grocery store is literally no more than a 5-minute walk from any of the buildings in the neighborhood.

 

Location

Lakeshore East is located just south of the Chicago River and northeast of the Loop, east of Michigan Avenue and north of Randolph Street. Lakeshore East is technically located in the Loop, Chicago's downtown business district. This makes it extremely easy to walk to anywhere in the Loop. Additionally, there is a tremendous amount of bus routes just a 5-10 minute walk outside the neighborhood. Being in the Loop, there is access to every subway route which makes it convenient to travel throughout the city. Due to the close proximity of public transit, this is a great neighborhood to live in without having to own a car.

 

The Lakeshore East neighborhood is a very well managed neighborhood with a great location and fantastic amenities. Rents typically range from $1,600 all the way up to $7,000 per month depending on the size, location, newness and the level of luxury of the apartment building. Condos range from $300,000 to $1,000,000+ depending on your needs. Parking is relatively steep too, ranging from $250 to upwards of $400 per month.


In summary, this neighborhood is beautiful, calm and conveniently close to everything that you would ever need. The perks of living close to the lake, the beach, the harbor, the Loop, dog parks, running routes, and all of the wonderful downtown parks that Chicago has to offer such as Millennium Park, Grant Park and - the closest - Lakeshore East Park. This wonderful downtown neighborhood is definitely a worthy consideration if you are looking for city living in Chicago.

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