Companies Moving to Chicago: Best Neighborhoods for Students and Professionals to Live Near Work

Chicago is truly a city like no other. Known for its rich culture, dynamic neighborhoods, and endless career opportunities, it’s no surprise that businesses are taking notice, as well. In fact, for the 11th consecutive year, Chicago was named the Top Metro Area for corporate relocation, with Illinois ranked as the #2 state for corporate expansion in 2023. Investments in state-of-the-art infrastructure and business-friendly incentive programs have further driven this influx of companies moving to Chicago.

This is great news for young professionals, because along with plenty of career opportunities, the Windy City is the perfect destination for those looking to live, work, and thrive in a vibrant urban atmosphere. If you’re planning a move to Chicago and want to live close to work without sacrificing lifestyle, we’ve rounded up the best neighborhoods that combine career convenience with unbeatable city living.

Are you making a move to Chicago? Or looking to relocate within the city? — With our complimentary apartment finding services, you can enjoy the search for your next home without the overwhelm. Get in touch with our team today.

The Chicago Job Market Boom: Top Companies Moving to Chicago

The diversity of different companies moving to Chicago — from tech and finance to manufacturing and food services — opens a lot of doors for students, recent grads, and seasoned professionals alike. In 2023 alone, major players like Gotion, Kraft-Heinz, Gulfstream, Incobrasa, Prysmian Group, and Manner Polymers have either relocated or expanded their presence in Chicago. And over the past few years, other notable names like Grubhub, Caterpillar, Northern Trust, Vyond, TransLoop, Chime, Food Rocket, Auto Approve, and Ovative Group, have done the same. 

But wherever you work in Chicago, living close by can be a real game-changer for networking, convenience, and overall productivity. Next, we’ll explore neighborhoods that offer the perfect blend of luxury living, lifestyle amenities, and easy commutes.

Top Neighborhoods for Professionals Near Chicago’s New Employers

Streeterville

If you’re looking for a neighborhood that combines convenience with luxury, Streeterville is hard to beat. Perfectly positioned near downtown, this neighborhood offers quick commutes to many companies moving to Chicago, including those in finance, healthcare, and other booming industries.

Streeterville’s perks go beyond its proximity to work. Residents also enjoy stunning lakefront access, a vibrant cultural scene, and modern luxury high-rises with top-tier amenities. 

Property Spotlight: The Saint Grand

If Streeterville sounds like your vibe, be sure to check out The Saint Grand. Located only a few blocks north of Chicago’s famed River Walk, this mixed-use development emphasizes work-life balance with in-unit work spaces, private outdoor areas, and upscale amenities like a rooftop pool deck and an on-site business center. Available units at The Saint Grand include convertible, 1-bedroom, and 2-bedroom floorplans.

West Loop

For those working in tech or creative industries, the West Loop offers an unbeatable mix of proximity and personality. Nestled near Fulton Market — home to many of the city’s most innovative companies — West Loop offers a great commute and plenty of options for after-work fun with award-winning restaurants, buzzing nightlife, and trendy coffee shops.

Property Spotlight: The Dylan

In West Loop’s thriving atmosphere, The Dylan seamlessly blends modern living with a prime location. This mixed-use building is situated in the heart of Fulton Market itself, just steps away from some of the most renowned restaurants, chic boutiques, and modern cafes in Chicago. Residents of The Dylan enjoy amenities like a co-working space, fitness center, and a private dog run. Apartments at the Dylan range from convertible and studio spaces to 1-bedroom apartments. 

River North 

River North’s prime location offers quick access to the Loop and many of Chicago’s corporate headquarters, making it ideal for professionals who want to live close to work. This neighborhood is known for its vibrant blend of work and play, with sleek office spaces alongside an eclectic mix of bars, galleries, and cultural spots, all within close proximity to a number of companies moving to Chicago.

Property Spotlight: The Leo

In River North, The Leo is a standout property that delivers sophisticated living with close proximity to a number of big-name companies, including companies moving to Chicago. With world-class dining and entertainment, and easy access to Chicago’s Brown/Red CTA lines, residents of The Leo enjoy the best that the city has to offer. Amenities at The Leo include a business center, EV charging stations, and a state-of-the-art fitness center. The 1-bedroom apartments come with floor-to-ceiling windows, full size appliances, and an in-unit washer and dryer.

Lincoln Park

If you’re looking for a neighborhood that offers a retreat from the hustle of downtown while still keeping you within reach of the numerous companies moving to Chicago, Lincoln Park is the perfect choice. Known for its tree-lined streets, expansive parks, and boutique shopping, this area is ideal for professionals who prioritize work-life balance.

Property Spotlight

For those that want to experience Lincoln Park living at its finest, Norweta is the perfect place to decompress after a long, productive day. Combining luxury living with serene surroundings, residents of Norweta have access to one-of-a-kind amenities like on-site coffee service, a private courtyard, and a fully equipped business center. Available floorplans include 4-bedroom apartments and 4-bedroom penthouses.

Not sure which Chicago neighborhood suits you best? — Take our quiz to discover where you’ll feel most at home.