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Luxury consignment items: a belted beige coat, patterned bangle, monogrammed trunk, and Prada plaque.

NorthShore Exchange: A Unique Luxury Consignment Experience in Chicago

Discover a unique luxury consignment experience in Chicago that supports local charities.
Ginger Menne  |  February 9, 2024
North Shore Exchange
 

NorthShore Exchange: A Unique Luxury Consignment Experience in Chicago

I recently had the pleasure of sitting down with Mia, the store manager of North Shore Exchange (NSE), a unique luxury consignment store located on the 4th floor at 900 N Michigan. NSE is not your average consignment shop; it operates on a consignment model with a charitable twist, where all profits go to charity.
Consignment graphic stating that 85% of items taken in are sold.
 
Mia shared with me NSE's mission to provide a platform for consigners in the Chicagoland area to sell their gently used luxury items, while simultaneously supporting local charities. They accept a wide range of luxury brands typically found in high-end department stores like Neiman Marcus and Saks Fifth Avenue, as long as the items are less than five years old.
Graphic noting 10+ years serving the community and 100% of profits going to Chicagoland charities.
 
In addition to clothing and accessories, NSE also accepts home and furniture items in excellent resale condition, but these require pre-approval before consignment or donation.
Graphic stating that 80% of items sell within 30 days.
 
One of the highlights of NSE is its impressive selection of luxury handbags from renowned brands such as Hermès, Chanel, and YSL. The store operates on a consignment basis, with the percentage the consigner receives increasing in proportion to the value of the item. NSE also offers a diverse collection of fine jewelry and costume jewelry.
Over 250 local volunteers have helped our mission.
 
 
210,000 items prevented from ending up in a landfill.
Beyond its commitment to luxury consignment, NSE stands out for its volunteer-based model. The store is staffed by a dedicated group of mature women, many of whom have relocated from the suburbs to downtown Chicago.
 
$600k in-kind donations, shown with a heart-marked donation box
These volunteers have formed deep friendships and created a strong network within their community. Volunteering at NSE has become a fulfilling way for them to give back and be a part of something meaningful.
 
More than $3.7 million given to charity since 2013.
Mia emphasized the store's philosophy of sustainability and "Pay it Forward." Consigners are paid within 30 days, ensuring a prompt and reliable process. Additionally, NSE hosts two private events annually, where they showcase their most sought-after high-end merchandise and offer exclusive access to their VIP customers.
 
The Heart of All We Do Is United
I also had the opportunity to speak with Sonia Koht, a resident of LakeShore East and a dedicated volunteer at NSE for over five years. Sonia shared her positive experiences and the store's loyal customer base. Many customers, including those from out of town, make repeat visits to NSE, drawn by the unique luxury items and affordable prices. Sonia described the shopping experience as a "little treasure hunt," where customers can discover hidden gems at exceptional value.
 
$3.7 million awarded in grants since 2013.
What truly sets NSE apart is its philanthropic mission. Since 2013, the store has donated over $3,700,000 in grants to deserving charities in the Chicagoland region. These grants address critical needs such as abuse, hunger, homelessness, and mental health. By shopping, consigning, or donating at NSE, customers and consigners alike become part of a larger movement to make a positive impact on the lives of those in need.
 

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