Magnificent Mile Condos Setting a New Standard in Chicago Real Estate
Posted by Helaine Cohen on
The Magnificent Mile, also known as The Mag Mile, is one of Chicago’s most prominent and well-known parts of Michigan Avenue. Stretching from the Chicago River to Oak Street, the Magnificent Mile is perhaps most known for its world-class shopping and vast array of upscale restaurants; but over the years, it’s also become a prestigious and highly sought-after destination for luxury home buyers looking to establish a presence in the heart of downtown.
The recent completion of The Ritz Carlton Residences at Erie and Michigan seems to have set a new standard for Magnificent Mile condos, but other established residential buildings like 900 N. Michigan, Water Tower Place, Park Tower, and One Magnificent Mile certainly have their fair share of desirability…
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The Streeterville neighborhood of Chicago is a growing hub of activity, especially for new condo buying opportunities. An example of the most attractive in area condos can be found at the Plaza on DeWitt. Located at 260 East Chestnut, the 407-unit Plaza on DeWitt comes with a number of amenities and attractive features that are sure to attract the most discernible Chicago condo buyer. Just a mere minute from the infamous Magnificent Mile on Michigan Avenue, the Plaza on DeWitt boasts a brand new exercise room, bicycle room, outdoor swimming pool, storage space, receiving room, hospitality room, 24-hour staff, laundry room and garage parking.
Before you browse the latest and greatest listings of condominiums in this neighborhood, take a moment to consider some of the landmarks…
What’s not to love about Streeterville? It’s hip, it’s lively, and so many of Chicago’s distinguished attractions, high-rises, and icons call Chicago’s Streeterville neighborhood home. When it comes to the real estate market, there’s no doubt condos here are plentiful, but finding the right place that suits all your needs and wants in a new home can often be a challenging and daunting task.
With the Streeterville neighborhood being filled with so many extravagant high-rise condo buildings, it’s sometimes easy to overlook one that’s loaded with desirable features, first-rate living amenities, and of course a great overall value. And while numerous Streeterville condo buildings may not get the appreciation they deserve, one particular address that seems to be a bit more underrated than it should be is 250 E. Pearson. The condos at 250 E. Pearson, which is also simply known as The Pearson, truly are exceptional and aside from all the spectacular interior features each unit possesses, 250 E. Pearson is conveniently positioned in one of the best locations in all of Streeterville.