Look out for Incredible Views in River North
Upscale and trendy River North is an urban neighborhood located right along the Magnificent Mile in Chicago, just north of the Chicago River and the Loop. It is an up-and-coming area of Chicago with a strong presence of the arts. For those who are looking for a community to live in that offers a vibrant nightlife and a modern, high end community with beautiful residential condos and community management services, River North cannot be overlooked.
Overall, River North offers high end amenities, incredible views, and a wide range of modern, up-and-coming developments. It is ideal for those who want the finer qualities in life at their fingertips and easy access into Chicago’s main hubs and Downtown area as well. A large number of younger professionals live here, as well as empty nesters. The neighborhood is also a favorite area to select for a pied-a-terre. Condominiums are very popular among retirees. By cutting housing-related expenses, you can also free up income and thus draw down your savings at a slower rate. Taxes, insurance, upkeep and utility bills typically run about 3.25 percent of the value of a house, according to a report by the Center for Retirement Research at Boston College.
Things to Do in River North
The community has undergone a significant transformation from the 1970s and 1980s when it was mostly an industrial area. Numerous warehouses and factories in this area have been transformed into beautiful work studios and outstanding lofts. This cosmopolitan area has also become a popular place for artists and startup entrepreneurs.
Key among the things to do in River North is to enjoy the fine art galleries, furniture stores and dining. First, start with a visit to Giordano’s Famous Stuffed Pizza. Then, check out Mary Mary Gifts, one of the most unique boutiques in the city. River North is also home to Rosebud on Rush, a fine dining experience. For other fine dining, visit Harry Caray’s Italian Steakhouse or Frontera Grill.
It is also home to various galleries, nightclubs and swanky bars. You’ll find outstanding amenities here including the Merchandise Mart, Marina City, the Driehaus Museum and Holy Name Cathedral. With easy access to the waterways and incredible views of the river, River North is a great place to call home.
Facts about River North
- River North is a smaller neighborhood with less than 0.33 square miles.
- It is home to 30,758 people.
- The median household income here is $104,720, significantly higher than the average for Chicago as a whole.
- The median age of residents here is 33.5 years old.
- The average household size is 1.6 people.
- About 28 percent of those who live here are living in family households.