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New East Side:

The New East Side has access to several Chicago institutions including the Art Institute, the Aon Center, Grant Park, Millennium Park and the Magnificent Mile, so recreation, entertainment, dining and shopping are plentiful. Several major corporations have buildings and office space here, and residential properties consist of luxury high-rise units, with condo developments in the works. The city and neighborhood association hope to attract more businesses and residents in the coming years. Millennium Park, on the southern border of the New East Side, opened in July 2004 and features an outdoor concert pavilion designed by renowned architect Frank Gehry. The park has attracted many condo buyers to the area. The boundaries of the New East Side are the Chicago River to the north, Randolph Street to the south, Lake Michigan to the east and Michigan Avenue to the west.

Typical Rents
Studio $900 - $1,200
1 Bedroom $1,300 - $1,700
2 Bedrooms $1,800 - $2,300
3 Bedrooms

Average Buying Price
Studio $513,000
1 Bedroom $525,000
2 Bedrooms $694,000
3 Bedrooms

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