Magnificent Mile

A City Within Chicago
Magnificent Mile is one of Chicago's largest and most frequented neighborhoods with a wide array of restaurants, attractions, and shopping destinations to enjoy. The area is home to a massive amount of quality dining options ranging from the city's best Italian food at Spiaggia to satisfying cheeseburgers at the Billy Goat Tavern. Residents swear that there is no better way to escape the work grind than with a happy hour cocktail at the Hancock Building's 96th floor Signature Lounge, but for a more grounded experience, Streeter's Tavern is popular for its cheap beers and pool.

Residents are spoiled for choice when it comes to local attractions. Fans of contemporary art can visit The Museum of Contemporary Art or the Loyola University of Modern Art while the Broadway Playhouse and Lookingglass Theatre offer a mix of both classic and experimental plays to watch. Through the years, Magnificent Mile has gained a reputation as Chicago's premier shopping destination with a host of stores interspersed between three massive shopping malls. A unique neighborhood, Magnificent Mile effortlessly combines comfort, style, and entertainment into one cozy package.

What Magnificent Mile Residents
Think About Their Apartments
overall
8.0
value
7.3
amenities
7.8
social
7.5
management
7.4
safety
10
Median rents in Magnificent Mile
Studio
$
1,500
1 Bedroom
$
1,200
2 Bedroom
$

Living in
Magnificent Mile

Safe
Easy Commute
Proximity To Entertainment Options
Great Restaurants And Bars
Great Shopping Options
Lively Neighborhood
Magnificent Mile — 9.3/10 Rating (based on 3 neighborhood reviews)
Pros: very safe, great transportation options in the Red line and all the busses you can think of, close to all of the entertainment and social life options of River North without the price

Cons: 35-50 minute commute via the 2 to Hyde Park (but it's a great bus! Mostly U of C commuters and very reliable.)
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10
/10
Neighborhood Rating
535 North Michigan Avenue
You're closer to more of the upscale shopping and dining experiences in Chicago while being a short walk to the Magnificent Mile. The area is generally safe and busy.
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9
/10
Neighborhood Rating
111 E Chestnut Street
There are a lot of famous Chicago restaurants and shopping landmarks close by. The only thing I wish there were more of would be grocery stores. There is a Whole Foods, Jewel and Trader Joes, however still 3-4 block walk for me from where I live in the Gold Coast.
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9
/10
Neighborhood Rating
111 E Chestnut Street
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Getting to Know
Magnificent Mile

Neighborhood Boundaries
East to West Boundary: N Rush St to N St Clair St
North to South Boundary: E Oak St to E Hubbard St
dining
Giordanos
Joes Seafood, Prime Steak & Stone Crab
RL Restaurant
The Original Ginos East of Chicago
grocery
7-Eleven
Trader Joe's
Walgreens
Walgreens
shopping
H&M
Neiman Marcus
Nordstrom Rack
Saks Fifth Avenue
gyms / rec
Ballroom Dance Chicago
CorePower Yoga
Pinnacle Yachts
Woman's Athletic Club
entertainment
360 Chicago
Bandera Restaurant
Chicago Water Tower
Practical Angle
transit
125 (bus)
146/147/151 (bus)
151 (bus)
About your Neighbors
Data from the 2013 American Community Survey
• Magnificent Mile contains the 5 digit ZIP code(s) of _____. ___% of residents are renters, and the rental vacancy rate is typically ____%, which is _____________ than the national average.

• ___% of units are in 20+ unit buildings, with ___% having being built in the past 10 years. 2BR+ properties make up roughly ___% of the market, with the balance in 1BR and studios.

• Most people in Magnificent Mile _____ own a car.

The median gross rent in Magnificent Mile is $_______. ____% of Magnificent Mile residents are 24-35, ___% are below 24, ___% are 36-50, and ___% are older than 50.

• Roughly ___% of Magnificent Mile residents are students (___% grad, ___% undergrad), and ___% are unemployed or retired. The median income in Magnificent Mile is $_______.

• Most units are heated by ______________, and ___% of ACS survey respondents said that they pay extra for one or more utilities.

Best Apartments
in Magnificent Mile


Studio $1,500
1 Bed $1,800

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Studio $2,172
1 Bed $2,500
2 Beds $3,739

Studio $1,470
1 Bed $1,635
2 Beds $3,010

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Studio $1,580
1 Bed $1,700
2 Beds $2,600

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Studio $1,500
1 Bed $1,600
2 Beds $2,500

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Studio $1,400
1 Bed $2,100

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Nearby Neighborhoods

Neighborhood Guide
Gold Coast
Gold Coast is a culturally diverse neighborhood with great restaurants, bars and fashion boutiques
Neighborhood Guide
Streeterville
With an interesting historical background, Streeterville is an attractive and family oriented neighborhood
Neighborhood Guide
River East
River East is a developing area with lots of eateries and popular entertainment spots
Neighborhood Guide
The Loop
The Loop is a neighborhood which embraces it culture and architecture, which brings the area a beauty of its own