Over the years, the boundaries of this exclusive neighborhood have expanded, so that it now encompasses the area from Michigan Avenue west to LaSalle Street, and North Avenue south to Chicago Avenue. Some say that the Gold Coast got its name from the African coast of the same name, but …

Smart investors, who follow the old rule of "buy low and sell high" are looking at the affluent Gold Coast and downtown Chicago area. Gold Coast foreclosures are controlled by the banks who own them and each bank has different procedures to follow when bidding. Learn what the difference is …