My wife and I live with our young daughter and two cats in a condo a mile and a half west of downtown Chicago.
I personally wouldn't trade it for the world even though most of our friends have moved out to the burbs. We're in the district of two of the best neighborhood public schools, not just in the city but, in the entire state, we've got 5 parks within walking distance (including two dog parks), an El station across the street, a row of restaurants half a mile away including ones from Graham Elliot, Stephanie Izzard and Rick Bayliss, Greek town the other direction, the Heart of Italy restaurants the other direction, multiple concert venues, a multitude of local stores including coffee shops, a toy store, ice cream shop, etc., a view from our 8th story balcony to watch storms roll towards the lake or the fireworks on the 4th sparkling above the best skyline in the US outside of NYC.
There's stuff in the city that annoys (traffic, people not cleaning up thwir dog poop 💩...), but it works for us. Filling a a big house with stuff we don't need is something that never excited either of us. But I totally get why it works for others. Different strokes, people.