Streeterville is Manhattan with a beach. In a triumphant merger of architectural ambition, bold urban planning and sheer consumer appetite, this neighborhood hit its stride in the 21st Century. Not happy to just visit, people want to live within steps of The Magnificent Mile’s world-class shopping and countless restaurants, museums and music venues, while they work at the universities, medical facilities, hotels and offices jammed into the area, as well as the Midwest’s #1 tourist attraction: Navy Pier. National Geographic named The Magnificent Mile one of the 10 best shopping avenues in the world, along with Rodeo Drive
30,000 affluent, well-educated people live here in mostly one and two-person households. 40% have a graduate degree and 80% have their Bachelor’s. The average household income is $161,000, with $85,000 as the median. 14,000 households are single; 9,500 are married, but less than 900 households have children. Women outnumber men by 20%.
Established, but always evolving—the population has increased 13% since 2000 and household income by 22%. Luxurious high-rises continue to shoot up, competing with older buildings reinventing themselves and the red-hot neighborhood just south: Lakeshore East and Millennium Park. In 2013, rent on The Magnificent Mile rose 46%, making it the third most expensive in the US, behind Fifth Avenue in New York and Rodeo Drive in Beverly Hills.
The Chicago Public School locator lists 0 public schools for the Streeterville zip code of 60611, but there are 8 public schools in the adjacent Near North zip code of 60610. Most Streeterville children go to private schools. The University of Chicago Booth School of Business is here and Northwestern University's Northwestern Memorial Hospital, Feinberg School of Medicine, School of Continuing Studies, Kellogg School of Management's downtown campus, and School of Law.
Walkscore.com gives Streeterville 90/100 for “world class public transportation”: 28 bus and 3 subway lines—Red, Brown and Purple Lines. Note: this score also includes nearby neighborhoods: Near North, Gold Coast, Old Town and South Lincoln Park.
Three words: The Magnificent Mile, the northern stretch of Michigan Avenue and the main thoroughfare between the Loop and the Gold Coast. The Magnificent Mile has been called “One of the 10 Great Streets in America” and literally overflows with department stores, restaurants, luxury retailers, residential and commercial buildings, financial services companies, and hotels, catering to 22 million tourists a year and affluent locals.2
Many of the world's leading retail stores are here: Bloomingdale's, Neiman Marcus, Saks Fifth Avenue, Nordstrom, Macy's and Barneys New York, as well as some of the finest luxury boutiques (many of which have few North American locations): Cartier, Escada, Bottega Veneta, Marc Jacobs, Bulgari, Van Cleef & Arpels, Chanel, Georg Jensen, Gucci, Louis Vuitton, Max Mara, L.K.Bennett, Tory Burch, DKNY, Harry Winston, St. John, Aritzia, Omega, Kate Spade, Stuart Weitzman, Prada, Montblanc, Hugo Boss and Rolex. Also present is Ralph Lauren’s largest store in the world, Barbour, Cole Haan, Prada, Giorgio Armani, Henri Bendel, Dolce & Gabbana, Salvatore Ferragamo, American Girl, Burberry (its U.S. flagship), Vera Wang, Tiffany & Co., and many others.
Renowned and critically acclaimed restaurants abound: The Signature Room at The 95th, Spiaggia (a favorite of President Obama), Tru, The Grand Lux Café, Nomi, as well as casual places like The Purple Pig, Bandera and Volare.
Walkscore.com gives Streeterville 96/100. Note: this score also includes the nearby neighborhoods of Near North, Gold Coast, Old Town and South Lincoln Park.
Several of the tallest buildings in the United States, such as the John Hancock Center and the Trump International Hotel and Tower, lie in the district. Landmarks include Wrigley Building, Tribune Tower, the Chicago Water Tower, and the Allerton Hotel.
The area also has a high concentration of the city's major media firms, such as the Chicago Tribune newspaper, and advertising agencies. The Magnificent Mile includes more than 3 million square feet of retail space, 460 stores, 275 restaurants, 51 hotels, and a host of sightseeing and entertainment attractions, including the Museum of Contemporary Art, Chicago.