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The River North neighborhood got its name from Chicago real estate developer Albert Friedman (chief executive of Friedman Properties Ltd.), who in 1974 started to buy, restore and build commercial property in the southeast sector.
Much of the area was skid row at the time, so in an effort to attract tenants Friedman started calling the area “River North”. Within a few years, Friedman found photographers, ad agencies and art galleries willing to rent the low cost space and coalesce into what is now the The River North Gallery District, which has the largest concentration of art galleries in the United States outside of Manhattan.
Along with hundreds of art galleries, the area holds many bars, dance clubs, popular restaurants, and entertainment venues. Between the year 2000 and 2010, the population in the four census tracts covering River North increased by an average of nearly 82%, boosting population from 9,835 in 2000 to 17,892 in 2010.
Subsections of River North include:
- the gallery district, primarily along Superior and Huron streets between Wells and Orleans;
- a theme-restaurant area with many tourist-oriented restaurants, surrounding Clark and Ontario;
- “the Cathedral District,” an area with many new residential skyscapers surrounding Holy Name Cathedral (Catholic) and St. James Cathedral (Episcopal), located near State and Superior, and Huron and Wabash, respectively;
- a design district, with shops and showrooms selling commercial and luxury interior furnishings, in the blocks north of the Merchandise Mart; and
- Kingsbury Park, an area of newly built residential high-rises surrounding Montgomery Ward Park, at Erie Street and the Chicago River.
- River North is serviced by four “L” train stations: the above-ground Chicago-Brown and Merchandise Mart-Brown stations and the below-ground Chicago-Red and Grand-Red stations.
River North is one of Chicago’s most sought-after neighborhoods, known for its dynamic mix of culture, nightlife, dining, and upscale living. Nestled just north of the Loop and along the Chicago River, River North offers an ideal location for those seeking a lively, urban lifestyle with a blend of historic charm and modern sophistication.
Why Choose River North?
Prime Location: Located just steps away from downtown, River North provides easy access to Chicago’s business district, making it a perfect choice for professionals who want a quick commute. With excellent public transportation, including several CTA train and bus lines, getting around the city is convenient and efficient.
Vibrant Arts and Culture Scene: River North is home to the largest concentration of art galleries in the country outside of Manhattan, giving it a distinct artistic flair. The neighborhood is also known for its design showrooms, contemporary art spaces, and the famous Merchandise Mart, making it a hub for artists, designers, and creative professionals.
Dining and Nightlife: From trendy rooftop bars to Michelin-starred restaurants, River North offers an array of culinary delights. The neighborhood is renowned for its diverse dining options, featuring everything from classic Chicago steakhouses to international cuisine, chic wine bars, and bustling nightlife venues.
Luxury Living: River North is synonymous with luxury. The area boasts an array of high-end apartment buildings, luxury condos, and modern lofts, many with stunning views of the Chicago skyline or the river. Residents enjoy amenities like rooftop pools, fitness centers, and concierge services, offering an elevated lifestyle in the heart of the city.
Recreation and Green Spaces: Despite its urban setting, River North provides access to beautiful outdoor spaces. The Chicago Riverwalk offers a scenic place for walking, biking, and kayaking, while several nearby parks provide green spaces to relax and enjoy nature.
Shopping and Entertainment: With its proximity to Michigan Avenue’s Magnificent Mile, River North residents have unparalleled access to some of the best shopping in the city. The neighborhood also features theaters, comedy clubs, and live music venues, ensuring there’s always something to see or do.
Real Estate in River North
River North offers a diverse mix of real estate options, from historic converted warehouses and industrial lofts to sleek, contemporary high-rises. Whether you’re looking for a cozy studio, a spacious family home, or a luxury penthouse, there’s something for everyone. Property values in River North have shown consistent growth, making it a solid investment for buyers looking for both style and value.
Community Highlights
- Neighborhood Vibe: Trendy, vibrant, and upscale with a lively urban atmosphere.
- Walkability: Highly walkable, with easy access to public transport, dining, shopping, and entertainment.
- Notable Landmarks: Merchandise Mart, The Chicago Riverwalk, House of Blues, Chicago Avenue Pumping Station, and numerous art galleries.
- Schools: River North is served by several highly-rated public and private schools, making it an attractive option for families.