Multifamily Market TrendsLincoln Park ~ Near North Side
Lincoln Park Park Boasting proximity near both the Loop and Lake, Lincoln Park has been a highly sought location to call home for years fully developed, replete with theaters, restaurants, boutiques, retailers and a vibrant nightlife. From destination dining to world-class culture, the pulsing community area has plenty to offer. Lincoln Park's wealth of transportation options and proximity to Chicago's Loop business district (3 miles) make it a great choice for commuters, and the lakeshore park with its beaches, bike paths and abundant green space functions as the city's collective front lawn in the summer. Lincoln Park stays true to its name by maintaining 1,200-acres of lakeside parkland lined with multi-use paths, beaches, softball diamonds and sun-dappled gardens within its borders. Explore the lakeshore on the Lakefront Trail or soak up rays at North Avenue Beach. Also, situated within the park is the Lincoln Park Zoo (2001 N. Clark), a free' world-class zoo in a pleasant, visitor-friendly setting.
Near North Sideis known for its extreme affluence, typified by the Gold Coast, Magnificent Mile, Navy Pier, and its world-famous skyscrapers. The Near North Side is the oldest part of Chicago. Neighborhoods located within the Near Nort Side are, the Gold Coast consists mostly of luxury high-rise apartment towers and buildings and stone mansions throughout. Many of Chicago's best known and highly rated restaurants are located here as well. Old Town is now an affluent and historic neighborhood, home to many of Chicago's older Victorian-era buildings. River North is a neighborhood known for its fine dining, galleries, nightlife, and riverwalk amenities. It is home to the world headquarters of ConAgra, Groupon, Motorola Mobility, and the regional offices of Yelp. Streeterville houses some of Chicago's tallest skyscrapers (such as the John Hancock Center); many upscale stores, hotels, restaurants; and Northwestern University's Northwestern Memorial Hospital, Feinberg School of Medicine, School of Professional Studies, Kellogg School of Management's downtown campus, and School of Law.
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