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OLD TOWN

The walkable, narrow streets and historic homes of Old Town give way to a string of high-rises lining the open vistas of lake and parkland. Home to a variety of comedy venues, shops, and a mix of old taverns and modern bars, the tiny neighborhood also packs its fair share of entertainment.
 

With roots dating back to the mid-19th century, Old Town is historically “old,” but still young at heart. The community, just north of downtown, thrives on its myriad shops, restaurants, bars, and theaters; it’s easy to understand why people have decided to call it home for centuries.

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THE NEIGHBORS

An educated and affluent population with a love for the European neighborhood vibe.
 

From artsy to well-off, the neighborhood’s inhabitants have changed over the decades. Today, they’re generally well-educated and cultured with a considerable income. However, residential properties also tend to be slightly less expensive than other neighborhoods in Chicago, so it is also affordable.

WHAT TO EXPECT

Peaceful, private streets with a few commercial stretches.
 

While it's primarily composed of tranquil residential blocks lined with low-rise, Victorian buildings, the neighborhood is more active in the Old Town Triangle District to the north, Division Street commercial areas to the south, and populated Wells and Clark Streets running through its core.

THE LIFESTYLE

A lively atmosphere with some of the best comedy in town.
 

Old Town springs to life with specialty shops full of handmade goods, music and books, spices, and cigars; coffee shops and family-owned restaurants; and a mix of seasoned taverns like Old Town Ale House and newer bars like Old Town Pour House. The Second City and Zanies Comedy Club also regularly welcome notable acts to the stage, so there’s always new shows to catch for belly laughs.

UNEXPECTED APPEAL

A welcome escape from the chaos of urban expansion.
 

Old Town's popularity stems from its close proximity to the lake and downtown Chicago. Aside from the Cabrini-Green redevelopment and some multi-story, mixed-use developments with luxury apartments and multi-family buildings in the works, new construction buildings are relatively rare, making it an exceptional spot for those who want a mellow place in the city to call home.

THE MARKET

Affordable walk-ups and high-rise condos with lake views.
 

While not quite as new or pricey as nearby downtown neighborhoods, Old Town certainly still has a prime real estate portfolio. A diverse selection of brick townhomes, single-family homes, and vintage walk-up apartment buildings line its charming streets, and condo units in high-rises that display sweeping lake views.

YOU'LL FALL IN LOVE WITH

Charming backdrops and close proximity to the lakefront.
 

Simply meandering the streets enroute to the nearby lake can be a treat for Old Town residents and visitors, and its distinctive architecture is a natural draw for those who appreciate being surrounded by history. Many of the city’s oldest Victorian-era buildings, such as St. Michael’s Church, which survived the Great Chicago Fire of 1871, are still staples of the community.

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Rowland Group at Compass

2350 N Lincoln Ave, 4th Floor Chicago, IL 60614

Rowland Group is a team of real estate agents affiliated with Compass Real Estate. Compass Real Estate is a licensed real estate broker with a principal office in Chicago, and abides by all applicable equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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