Towering high-rises abound in Streeterville, a rich historic neighborhood flanked by the blue waters of Lake Michigan. East of Michigan Avenue, Streeterville is a vibrant and bustling location filled with restaurants, Michigan Avenue shopping, Navy Pier, and the Chicago River, making this a desired destination for homeowners and tourists alike.
Like most of Chicago, Streeterville is steeped in history. I think it is a fun story and unique like only Chicago can be. George Wellington "Cap" Streeter. Haven't heard of him? He is the reason Streeterville exists today! Cap hit a sandbar just 450 feet off the shoreline of Lake Michigan and he and his wife decided it was a great place to call home. Encouraging contractors to dump their garbage in water, for a small fee of course, the debris built up and became solid land. Cap claimed this land as an independent territory. With his Civil War Veteran rights, he declared the new land to be the District of Lake Michigan. You can guess what happened when the City of Chicago came into play. In the end, poor Cap lost his land, but Streeterville was born and is a thriving location – sans the garbage.
Navy Pier draws over 8 million visitors a year, leaving the Streeterville area surrounding it a hustling and bustling location. Want something quieter? Head north a few blocks to the area surrounding the Museum of Contemporary Art and the feel is much more residential, complete with low rise vintage buildings and mature trees.
The John Hancock Building, Water Tower Place shopping center and Michigan Avenue stores are a resident's dream. The sparkling waters of Lake Michigan make this area almost too good to be true.
Housing prices, like the Gold Coast, are high but you get a lot for your money because the locations is so amazing. Streeterville is a interesting mix of loft, townhomes and highrise condominiums. There has been an influx of new construction and gut rehab over the last five years so you can easily find a great home, with wonderful views that need little work.
Like most of the areas boarding Lake Michigan, transportation is easily accessible. Cabs are plentiful in Streetervile as are a majority of buses, with Michigan Avenue running some of the most popular bus lines in the city. Getting around on foot is just as easy here so tie on the runners and put foot to pavement!
You can call me at 312-209-2264 or email me at Liane@OnlineChicagoRealEstate.com if you have questions regarding pricing, recent sales and availability in the Streeterville area.