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Condos for Sale in Cultural Mile, Chicago

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Overview
Market Summary
1 Bedroom Condos
2 Bedroom Condos
3+ Bedroom Condos
Pet-Friendly Condos
Neighbourhood
Demographics

About Cultural Mile

Cultural Mile is a dynamic hub in Chicago celebrated for its rich artistic heritage and vibrant energy. The area boasts world-class museums, including the Art Institute and the Museum of Contemporary Art, along with theaters that showcase an array of performances. Residents enjoy a diverse selection of restaurants and cafes, perfect for culinary exploration. This district is pedestrian-friendly and conveniently located near public transportation options, making commuting or exploring the city easy and efficient. With its cultural landmarks and lively atmosphere, it embodies the spirit of Chicago.

Cultural Mile Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

No average condo size data available.

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Condos

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2 Bedroom Condos

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3+ Bedroom Condos

Unable to find 3+ bedroom condos in Cultural Mile.

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Pet-Friendly Condos

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The Neighbourhood: Cultural Mile

Cultural Mile is a lively arts corridor with museums and theaters. The area has galleries, performance venues, and public art installations that attract visitors. It features cafes, specialty shops, and casual restaurants along pedestrian-friendly streets. Parks and green spaces offer recreational areas to walk, play, and relax. The district hosts festivals, live performances, and community events throughout the year. Local schools, cultural centers, and libraries offer classes and youth programs. Public transit runs nearby with frequent bus lines and train stops, and major roads connect to expressways for easy commuting.

Demographics

Average Resident age37 years old

Average household Income$100,418 /year

Average HouseHold Composition2 People

What to know about Cultural Mile demographics:

43.36% of the population holds a post-graduate degree, highlighting the area's commitment to higher education and attracting well-educated residents.
The average age of residents is approximately 37 years, providing a balanced demographic mix of younger professionals and established families.

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Frequently Asked Questions about Cultural Mile

What is it like to live in Cultural Mile, Chicago, IL?

Living in Cultural Mile offers residents a rich cultural experience with access to several museums, galleries, and theaters. The area features a mix of residential options, dining, and public spaces, providing a vibrant urban lifestyle. It's well-connected by public transportation, making commuting convenient.

Is Cultural Mile, Chicago, IL expensive?

Cultural Mile is known for its higher cost of living, primarily due to its proximity to numerous cultural institutions, luxury housing options, and vibrant urban amenities. Rent and property values in this area typically exceed the Chicago average, reflecting the desirability of the location.

What is the weather of Cultural Mile, Chicago, IL?

Cultural Mile experiences a humid continental climate, characterized by cold winters with average lows around 18°F (-8°C) in January and warm, humid summers with average highs around 83°F (28°C) in July. Precipitation is fairly distributed throughout the year, and the region typically receives about 36 inches of snow annually.

How safe is Cultural Mile, Chicago, IL?

Cultural Mile has a reputation for being one of the safer areas in Chicago, benefiting from an active police presence and community engagement initiatives. According to recent crime statistics, the rate of violent crime is lower than the city's average, contributing to a sense of security for residents and visitors alike.