Living in Chicago's Lakeshore East: Is it a Good Time To Buy a Condo?

Posted by Helaine Cohen on Thursday, August 28th, 2014 at 3:46pm.

Chicago condo options for sale in Lakeshore EastIt’s not every day that you get the opportunity to live in a lush, green foliage-filled area in the heart of one of the country’s biggest urban metropolises, but that is exactly the case if you lived in a Lakeshore East condominium.

Located close to beautiful Lake Michigan and the Lakeshore Path, Lakeshore East Condos are nestled in a gorgeous area, 40 percent of which is green. So those who want the aesthetic of living in nature but want to be close enough for all the perks and commodities associated with big city living will find the location of Lakeshore East condos more than adequate. Many, many people are now searching for condos for sale in Chicago's Lakeshore East - so much so that buyers are complaining of a lack of inventory.

Billed as a village within the city, Lakeshore East offers a variety of perks not seen by other neighborhoods in the surrounding area. One of these is the Lakeshore East Village Market, which offers on-site grocery, shops and restaurants.

“Every great neighborhood is a magnet for top-of-the-line retailers and eateries,” states the Magellan Development Group website. “In addition to enjoying the magnificent park at the center of Lakeshore East, Village Market includes an outstanding array of restaurants, banks, shops, cafes, and Mariano’s Fresh Market, a full service grocery store located just steps from your front door. This multi-faced market center is situated on the southwestern edge of the community. It is the ideal (complement) to Lakeshore East, a village within the city.”

Also in the Lakeshore East neighborhood is Millennium Park and Pritzker Pavilion. In the summertime, the pavilion is home to plenty of free live entertainment, including musical performances and movie viewings. Amenities like these mean that purchasing a condominium in this neighborhood has a better chance of appreciation, capitalizing on the trend in the United States today to prefer trendy urban neighborhoods to boring suburbia.

If you’d like to learn more about Chicago condos for sale in Lakeshore East then contact me today at tel. 312-953-0961. I know the area like the back of my hand and would be more than happy to give you the grand tour.

Helaine Cohen, Chicago Real Estate Broker

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