Just across the Chicago River from the Loop, River North is an urban neighborhood where you'll find a well-established center for the art community brimming with galleries, production companies, photography studios and interior design businesses, as well as some of Chicago's most famous architecture. For instance, the iconic Wrigley Building anchors the southern tip of River North with its striking, white terra-cotta exterior and ornate, upper-level stone work. A newer addition to the neighborhood, the Trump Hotel & Tower serves as a culinary site as well as the home to some of the most gorgeous condos in the city. Marina City, more aptly known as the Corn Cob Towers, was a pioneering innovation when it was constructed in the 1960s. It combined living space and convenient services into a mini-city contained within the complex a concept regularly incorporated in today's modern developments.
River North Real Estate and Neighborhood Information
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River North Real Estate
You wonâ€™t find too many single-family homes in River North but if having a loft on the umpteenth floor is your idea of living the high life, this may be the neighborhood for you. Towering skyscrapers and mid-rise apartment buildings are home to most River North residents. Among the newer condominiums and residential developments are classic structures from the late 19th and early 20th centuries that have been rehabbed to meet modern day living standards. Plus, many of the old warehouses that weren't already occupied by artists have been renovated into trendy, upscale lofts.
Two of Chicagoâ€™s most notable apartment buildings are located in River North on State Street. Marina City (300 N State St, 312-527-4460) is a condominium complex with twin 60-story towersâ€”often referred to as the 'Corncob Towers' for their unusual cylindrical shapes that resemble two stripped ears of corn. Built in the 1960s by Bertrand Goldberg, Marina City was an experimental development at the time because it offered all the amenities of a mini-city under one roof: grocery store, cleaners, bank, restaurants, movie rental and bowling lanes. The buildingsâ€™ unique look has made them famous in movies, commercials, album covers and more.
New to River North is the highly anticipated luxury condominium, The Ronsley at 676 N. Kingsbury. This classic turn-of-the-century building melds a sophisticated historical ambiance with modern design and amenities. 41 unique residences provide you with the pinnacle of luxury and come in a range of floor plans from 2 bed 2 bath condos to astonishing 4 bed triplex penthouses. Simply put, The Ronsley awards you with the finest attributes of a big city, but in a tailored, boutique package.
Check out our River North home sales statistics here to get an idea of the real estate market trends in this neighborhood.
River North market trends
The average sale price of a home in River North is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on River North sign up for the trends report below or contact your Dream Town broker.
The average number of days a home in River North spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in River North sign up for the trends report below or contact your Dream Town broker.
The average sale price of a home compared to its listing price in River North is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on River North sign up for the trends report below or contact your Dream Town broker.
The total number of listings in River North is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on River North sign up for the trends report below or contact your Dream Town broker.
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