Magnificent Mile

Magnificent Mile

Chicago, Illinois Homes for Sale

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About Magnificent Mile

Sprawling skyscrapers, constant foot traffic, and iconic stores: it's no wonder that the Magnificent Mile is one of the most recognizable areas in Chicago. Located along North Michigan Avenue and stretching from the Chicago River to Oak Street, the Magnificent Mile is synonymous with luxury and the dizzying achievements of Chicago architecture. The Mag Mile gives residents everything they could need just outside their front door (likely guarded by a doorman), giving them one of the most esteemed addresses in the country.

Quick Facts

Current Prices: $145,000 to $11,900,000

Closed Prices: $100,000 to $8,087,590

Median Sale Price: $540,000

Average $ per sq ft: $480

Association Fee Ranges: $295 to $10965/mo

Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home

Age: 1927 to 2021

Sq. Ft.: 1927 to 2021 Sq. Ft.

Bedrooms: 0 to 4 Bedrooms

Bathrooms: 1 to 5 Bathrooms

Getting Around Magnificent Mile

Around Magnificent Mile

The Magnificent Mile is not for the faint of heart or those seeking a quiet neighborhood: it is a mass of high-rise condominium units fetching some of the highest real estate prices in the city. In exchange, residents get incredible convenience and breathtaking views of the city and Lake Michigan. The Magnificent Mile is for those who want to feel the pulse of the city’s downtown area.

If you can dream it, you can probably find it on the Magnificent Mile—as long as it's served on a white tablecloth. Some of the most exciting restaurants can be found along this one-mile stretch, with cuisine ranging from Chicago classics to grand multicultural feasts. While many of the eateries along the Mag Mile are not exactly cutting edge, every meal feels more special purely because of the atmosphere.

Tourists. Lots of them. A quick stroll through the Magnificent Mile shows why the stretch is near the top of the list of places to see in Chicago. The Magnificent Mile is not particularly family-friendly, so the population tends to be working professionals or empty nesters. Throughout the day, these locals expertly dodge the throngs of out-of-towners marveling at the sights and sounds of one of Chicago's most dynamic streets.

Galleries, theaters, and hotels seem are constantly hosting special events and showings for pre-dinner entertainment. For drinks afterwards, there are several places along the Magnificent Mile to grab a cocktail or cozy up to a restaurant bar.

Starting along the southernmost point of the Magnificent Mile, you can enjoy a boat tour along the Chicago River of the towering skyscrapers that define the city's skyline. The Mag Mile is also a prime shopping destination, with Uniqlo, H&M, Nike Chicago, and more.

Locals Love

  • Walkable to the Loop
  • Unbeatable views of the lake and city skyline
  • Prestigious address
  • More shops than you could possibly need
  • Looming skyscrapers

Locals Don't Love

  • More tourists than locals
  • Neighbors don't often get to know each other
  • Little peace and quiet

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