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Lakeview

Homes for Sale in Lakeview, Chicago

Lakeview is a dynamic neighborhood located 4 miles north of the Loop in Chicago, IL. Home to the iconic Wrigley Field, it boasts an array of theaters, comedy clubs, bars, restaurants, and music venues, making it one of the most sought-after locations in the city.

Wrigley Field in Chicago, IL
Lakeview in Chicago, IL

Covering approximately 3.13 square miles, Lakeview is a mix of residential areas, commercial districts, and recreational spaces. It has a population of around 100,000, most of whom are young professionals, families, and artists.

Lakeview residents enjoy easy access to other key areas in Chicago, such as Lincoln Park, Lincoln Square, Uptown, and North Center. Getting around the city is also a breeze, with several public transportation options, including CTA buses and trains, available near and within the neighborhood.

Ready to discover homes for sale in Lakeview, Chicago IL? Here’s everything you need to know about this gorgeous community.

A BRIEF HISTORY OF LAKEVIEW

Lakeview has undergone more than 150 years of development and transformation. As one of Chicago’s first North Shore suburban developments, this used to be an independent township and city in its own right before becoming one of the city’s 77 communities. Here’s how Lakeview transformed from idyllic farmland to a fashionable urban locale.

Early settlement and development

In the first half of the 1800s, Lakeview was a quiet farming settlement that consisted of mostly immigrant farmers from Germany, Sweden, and Luxembourg. When James Rees and Elisha Hundley built the Lakeview House Hotel near Lake Shore Drive and Byron Street in 1854, the area soon became a popular summer destination.

Wealthy residents from Chicago – who sought to avoid the city’s heat and disease at the time – began buying land and homesteads in the eastern part of the settlement for their own private recreational use. The addition of railroad lines also prompted the development of more residential land, adding suburban characteristics to the area’s resort-like atmosphere.

The residential boom in the former agricultural settlement prompted residents to organize formal governance and legal identity. Lake View Township – bounded by Fullerton, Western, Devon, and Lake Michigan – was established in 1857. A town hall was built at Halsted and Addison in 1872, and 15 years later, Lake View was incorporated as a city. However, it was quickly retracted in 1889 when the area was annexed to Chicago.

Residential development and commercialization

Lakeview underwent massive urbanization throughout the 20th century. In 1914, Wrigley Field was built and began attracting visitors from other Chicago neighborhoods. A working-class residential community also formed in the southwestern part of Lakeview – nearest to North Center – as factory workers moved closer to their jobs. Apartment buildings also began to crop up around this time to accommodate these new residents.

By the latter half of the 1900s, developers began to build high-rise apartments and four-plus ones (multiple-unit low-rises) to cater to the influx of single professionals and young couples in the area. Lakeview also started to gain a reputation as a trendy area known for its eclectic shops, restaurants, and counterculture denizens.

Today, Lakeview is one of the most sought-after communities for Chicago area homebuyers, known for its charming historic character, vibrant lifestyle, and diverse community.

HOMES FOR SALE IN LAKEVIEW, CHICAGO IL

Because of its convenient location, historic character, and numerous recreational opportunities, there’s a strong demand for homes for sale in Lakeview, Chicago, IL. In the past few years, median prices of sold homes have ranged between $400,000 and $500,000, with some properties even going as high as $5.5 million.

Given the area’s rich history, there is also a diverse range of architectural styles and features to choose from. One distinctive building type in Lakeview is the Greystones – mixed-use buildings built in the late 1800s and early 1900s. As the name suggests, these structures have a distinctive gray limestone exterior and often have Romanesque or Neoclassical details. Victorian architectural details – such as gingerbread trim and turrets – are also common in Lakeview, particularly in the Southport Corridor.

Here are more things you can expect when you look for homes for sale in Lakeview, Chicago IL.

Property types

Homes for sale in Lakeview, Chicago, IL can roughly be categorized into three property types, namely:

  • Condominiums. You can find everything from modest one-bedroom units to larger, more upscale units with multiple bedrooms. Some condo properties also feature premium amenities such as fitness centers, rooftop decks, and 24-hour doorman service. These characteristics make them highly recommended for first-time homebuyers, empty nesters, and homeowners seeking a low-maintenance lifestyle. Prices can range from $35,000 to $2.5 million.
  • Single-family homes. Ranging from historic Chicago bungalows to new construction homes, these properties offer more space and privacy – a great choice for those with growing families. Common features include expansive living areas, smart home technology, outdoor spaces like rooftop decks and terraces, and attached heated garages. Homes in the higher price range can also feature luxury amenities like indoor pools, home theaters, and walk-in wine cellars. Prices can fall anywhere between $500,000 and $5.5 million.
  • Townhomes. These multi-level properties share common walls with adjacent units, offering a balance between the space and privacy of single-family homes and the convenience of condos. Townhomes in Lakeview also come in a variety of styles and sizes, from original Greystones to contemporary developments. They may come with features such as private garages, rooftop decks, and updated amenities. Prices can range from $350,000 to $2 million.

Neighborhoods

Unsure where to start your search for homes for sale in Lakeview, Chicago, IL? Make sure to check out some of these neighborhoods:

  • Northalsted (Boystown). Northalsted is one of the oldest and most inclusive LGBTQ+ neighborhoods in the US. If you want to be at the center of all activity in Lakeview, this is the place for you. Not only is it home to excellent dining options and a dynamic nightlife but it is also the site of some of the biggest events in the city, such as Pride Fest, the Chicago Pride Parade, and Northalsted Market Days. It also houses the Legacy Walk, the first outdoor LGBTQ history museum in the world.
  • Wrigleyville. This Lakeview neighborhood got its name from Wrigley Field, the country’s second-oldest active major league ballpark and home of the legendary Chicago Cubs. Rarely quiet, Wrigleyville is a sports fan’s paradise – even if you don’t root for the Cubs. Here, you can find bars and eateries like The Cubby Bear, Murphy’s Bleachers, Big Star, and more. During the off-season, Gallagher Way is the perfect place to hang out and attend community events like farmers markets, outdoor film screenings, and fitness classes.
  • West Lakeview. From modern single-family homes to classic mid-20th-century Greystones, this neighborhood offers a diverse range of housing options to choose from. Its community is just as eclectic with a rich food and entertainment scene. Here, you can find New Orleans-style eateries like Fish Bar, fine-dining establishments like Mia Francesca, and historic theaters like The Vic, The Athenaeum Theater, and the Music Box.

LIVING IN LAKEVIEW, CHICAGO

Curious about what it’s like to live in this gorgeous community? Here’s what you can expect.

Convenient location and transport options

The Chicago Transit Authority (CTA) operates several bus routes and L train lines that run through or near the community, providing a quick and affordable way for residents to travel to other parts of the city. And if you often travel by car, Lakeview has easy access to major roads and highways, including Lake Shore Drive, Belmont Avenue, Clark Street, and Ashland Avenue.

The community is also bike and pedestrian-friendly. There are sidewalks and designated bike lanes on many streets, as well as a network of off-street bike paths and walking trails like the Lakefront Trail along Lake Michigan, making it easy to explore the neighborhood on two wheels or on foot.

Access to top-rated schools

Lakeview offers a wide range of excellent education options. Served by the Chicago Public Schools system, residents can enroll their children in a number of highly-regarded K-8 schools, such as Agassiz, Nettelhorst, Blaine, Burley, Greely, Hamilton, and Ravenswood. Most high school students attend Lake View High School but some areas are zoned to nearby Lincoln Park High School.

In addition to these traditional public schools, Lakeview is also home to two magnet schools: the Inter-American Magnet School (IAMS) and Hawthorne Scholastic Academy.

Numerous outdoor recreational activities

Despite its proximity to Chicago’s urban center, Lakeview is home to vast green spaces and parks. Lincoln Park, for example, sits along the westernmost part of the community, facing Lake Michigan. One of Chicago’s largest and most iconic parks, it covers almost 1,200 acres of open space and parkland, as well as sports fields, tennis courts, playgrounds, a marina (Belmont Harbor), and miles of walking and biking trails. It also features Lincoln Park Zoo, one of the oldest free zoos in the U.S.

Hamlin Park, in neighboring North Center, is a go-to place for fitness buffs and aspiring athletes. It spans more than 9 acres of land and houses several sports fields, tennis and basketball courts, two gymnasiums, a fitness center, and several rooms for community activities and events.

One-of-a-kind shopping and dining experiences

From trendy boutiques and world-class restaurants to vintage stores and local eateries, Lakeview is the place to be when you’re in the mood for a quick bite or a leisurely shopping trip. You can find some of the best boutiques, cafes, bars, and restaurants along Southport Avenue, Belmont Avenue, and Broadway Street.

Here are some places you should check out:

  • Tango Sur. Offering some of the juiciest and most flavorful steaks in town – and for a fraction of the price in other establishments – it’s clear that Tango Sur is not your typical Chicago steakhouse. Inspired by the diverse and distinctive flavors of Argentinian cuisine, expect generous portions of NY strips, sirloins, and fillets served with delicious dishes like chorizo, morcilla, chinchulines, and mollejas.
  • B Collective. More than just a flower shop or a gift shop, B Collective sets out to be a safe space that exudes love, positivity, and nature’s gifts. It consists of two women-owned businesses – Estudio N and Blossoms Anytime – that merged to create a one-stop shop for all your gifting needs. Whether you’re celebrating a birthday, expressing sympathy, or simply looking for a personalized gift, B Collective has you covered.
  • Wilde Bar & Restaurant. This upscale Irish bar offers a world of opulence and sophistication that can impress even Oscar Wilde himself. Here, you’ll be greeted by two antique Brunswick bars, comfortable leather booths, and a grand library with a fireplace. You can choose from a diverse selection of dishes, from a savory Bison Burger to curried mussels and crab cakes, most of which pair nicely with a pint of Guinness.
  • Union Handmade. Slow fashion meets high quality in this woman-owned and operated consortium shop. True to its name, all items – from clothing to self-care items – are made by hand using natural materials like linen, cotton, silk, wool, khadi cloth, and hemp. If you prefer timeless, durable pieces that stay fashionable no matter the trend, then this is the place for you.
  • The Chicago Diner. This beloved vegetarian and vegan eatery has been satisfying cravings – and impressing die-hard omnivores – since 1983. Set in a cozy, laid-back restaurant bedecked with vintage decor, The Chicago Diner offers comfort food classics with a conscientious twist. From its Radical Reubens with homemade seitan to its vegan milkshakes and Country Fried Steak, this humble establishment continues to prove that vegetarian fare can be just as satisfying as any meat-based meal.

Iconic theaters, music venues, and artistic spaces

Home to several theaters, live music venues, and stunning street art, Lakeview is a place where artists, musicians, and all kinds of creatives can come together to collaborate and engage with the community. If you want to immerse yourself in Lakeview’s local art and culture, here are some places you can check out:

  • Music Box Theatre. This historic movie theater is a beloved institution among film buffs. Aside from screening independent films, classic movies, foreign films, and the odd cult favorite, the theater also hosts special events and discussions with filmmakers.
  • The Vic Theatre. Having been the go-to live music venue in Lakeview since it opened in 1912, The Vic – short for “Victoria” – is a popular spot for both established and emerging performers, especially those who prefer to perform in an intimate venue. It hosts concerts of varying genres, as well as comedy shows, dance productions, and other community events.
  • The Athenaeum Center for Thought and Culture. Located in the heart of Lakeview, The Athenaeum is one of the oldest operating Off-Loop theaters in Chicago. Designed by architect Hermann J. Gaul, the theater dates back all the way to 1911. Today, it boasts three floors, two small studio theaters, and one main stage; and has hosted numerous plays, concerts, film screenings, and other live events.
  • The Belmont Theater District. Housing more than 20 theaters and hundreds of shops and restaurants, the Belmont Theater District is the largest theater district in the Windy City. Whether you prefer impromptu monologues or award-winning theatrical productions, this district has something for everyone. There’s also a wide range of cafes, bars, and restaurants for some pre- or after-show food and drinks.
  • Chicago Music Exchange. This music equipment retail store has been a major destination for musicians, collectors, and enthusiasts for over 30 years. With its museum-like showroom, an extensive collection of vintage instruments, and a great team of expert musicians and technicians, it’s the perfect place for you to find the perfect gear that can take your music to the next level.

A lively community

No matter the season, there’s always something exciting happening in Lakeview. Here are some events you can look forward to:

  • Chicago Pride Parade. In June, Chicago’s Pride Month culminates in one of the largest and most famous Pride Parades in the world. Starting from Uptown, the parade moves throughout the north side of the city, ending at the intersection of Diversey Parkway and Sheridan Road in Lincoln Park. Moreover, Pride Fest – a two-day street festival held the weekend before the parade – is hosted in Lakeview’s Northalsted neighborhood.
  • Lakeview Festival of the Arts. This festival is one of the most highly anticipated art events in the city. Showcasing over 150 local artists, visitors can purchase a variety of gorgeous, curated pieces, ranging from paintings and photographs to furniture, sculptures, and jewelry. There are also live demonstrations, performances, family-friendly activities, and a garden oasis for visitors to enjoy.
  • Lakeview Taco Fest. Held every August at the Southport Corridor, this food and music festival pays homage to one of Chicago’s most beloved dishes: tacos. Local restaurants compete to win the “Best Taco” in the city, resulting in some of the most delicious and innovative tacos. Here you’ll find options ranging from the traditional chicken and beef taco to tacos with more unconventional fillings like goat and duck. There are also special beer and taco pairings, live music performances, and a variety of activities for the whole family to enjoy.

EXPLORE HOMES FOR SALE IN LAKEVIEW, CHICAGO IL TODAY!

Looking for the perfect home in Lakeview, Chicago IL? It pays to work with a team that has a proven track record of success. The Cindi Sodolski Group has decades of experience in the Chicago real estate market and our team of expert Realtors takes pride in providing personalized services and the highest level of integrity in every client relationship.

Let our team amplify your winning edge in this competitive market. Get in touch with us today by calling 773.450.0820 or by emailing us here.

 



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