Wealthy Movers Choose Chicago for Smarter Luxury

Wealthy Movers Choose Chicago for Smarter Luxury

You’ve reached a point where your home is more than an address. It’s an extension of your values, a reflection of your success, and a foundation for the life you want to live. In Chicago, all of these come together—sophistication, cultural richness, global connectivity, and financial intelligence—offering a rare opportunity for those seeking luxury with foresight.

As you walk along the stately streets of Lincoln Park or admire the historic charm of Bucktown, it’s hard not to notice coastal license plates lining the curbs. They tell a story that’s becoming more pronounced every year: high-net-worth individuals and families are increasingly making Chicago their home.

According to the 2025 Henley Global Wealth Report, Chicago now ranks among the top ten wealthiest cities in the world, with over 127,000 millionaires, nearly 300 centi-millionaires, and 25 billionaires calling it home. This isn’t an isolated trend. Barron’s recently noted that the U.S. will see a record influx of millionaires over the next few years, with nearly 7,500 projected to relocate in 2025 alone, bringing an estimated $44 billion in new wealth into key markets like Chicago. Realtor.com echoes this shift, highlighting how luxury buyers are increasingly looking beyond traditional coastal strongholds in favor of cities offering a blend of lifestyle and value—Chicago chief among them.

For families and professionals alike, Illinois’s flat 4.95% income tax and capped property taxes are part of the draw, offering significant savings over progressive tax systems in states like California, where rates climb as high as 13.3%, or New York, topping out at 10.9%. But financial prudence is only part of the equation. In Chicago, luxury real estate carries a sense of attainability rare in other global cities. Homes with history and character, expansive lakefront condos, and leafy residential streets are often priced 25 to 40 percent below their coastal counterparts, allowing you to elevate your lifestyle without compromising your portfolio.

For those with families, Chicago’s educational offerings are world-class. Lincoln Park is home to some of the city’s top-ranked public schools, including Lincoln Elementary and Mayer Elementary, while Lincoln Park High School is nationally recognized, ranking in the top 3.7 percent of U.S. high schools. Private institutions like Francis W. Parker and the Latin School of Chicago offer elite K–12 education, attracting families seeking academic excellence within city limits.

The cultural landscape in Chicago rivals any in the world. Evenings can unfold at Michelin-starred destinations such as Alinea and Smyth, followed by a private box at the Lyric Opera or a performance from the Chicago Symphony Orchestra. Weekend afternoons invite strolls through the Magnificent Mile’s luxury boutiques—Gucci, Burberry, and Ralph Lauren among them—or a quiet escape to Lake Michigan’s 26 miles of shoreline. As Condé Nast Traveler recently observed, Chicago’s unique blend of architecture, arts, and culinary mastery has cemented its status as a world-class city that feels both vibrant and intimate.

For those whose lives and work extend globally, Chicago provides unmatched connectivity. O’Hare International Airport stands as one of the busiest hubs in the world, offering more than 1,000 daily flights to 181 U.S. cities and 126 international destinations. Midway Airport adds convenience for domestic and private aviation. On the ground, an extensive transit network—including Metra trains, Chicago’s “L” system, and major expressways—ensures that movement in and out of the city is effortless, whether it’s for a business trip to London or a weekend getaway to Aspen.

This momentum isn’t slowing. Over the past decade, Chicago’s millionaire population has grown by 24 percent, and with new luxury developments, private clubs, and cultural investments planned for the coming years, the city’s position as a magnet for wealth is only strengthening according to Condé Nast Traveler. The next three years will likely see even more affluent families and professionals joining this wave—not following it, but leading it.

Camille Canales and her team understand the gravity and nuance of a move at this level. Whether you’re seeking a historic single-family home in Lincoln Park, a modern lakefront retreat, or a character-rich residence in Bucktown, they bring the expertise and discretion needed to make your relocation seamless. From curated property tours to guidance on school zones and tax considerations, their approach is tailored to your vision and values.

Your success deserves a city that honors it. Your next home deserves Chicago.

Contact Camille Canales Group today to begin your journey. Exclusive listings. Tailored guidance. A relocation experience designed entirely around you.

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