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Chicago Real Estate Blog

April 1, 2018

Luxury Chicago Home Sales Slow Down in February

Over the last several months, it hasn’t been uncommon to find a property or two on the top sales each month that I’d call “ultra luxury.” These are the homes that sell for $3 million up to $8 million, typically in Lincoln Park. February’s sales did not include a property like this, and it’s the […]
February 27, 2018

Flex Space Becoming Critical for Buyers of Chicago Luxury Homes and Condos

In luxury Chicago real estate, the design of a home is of the utmost importance. Sure, buyers can make their own changes in line with their personal aesthetics, but things like a smart floorplan or architectural design are generally major markers of a dream home no matter what. Because of that, the latest development in […]
February 27, 2018

Top Sales Closed in January: 3 Vintage Chicago Luxury Masterpieces, 2 Luxury New Construction

Looking at the luxury Chicago homes that sold and closed, the month of January was highly unusual. The top five sales were each extremely unique, including two brand-new construction properties along with three vintage architectural masterpieces which sold for major, major discounts. The three vintage homes are truly special properties—but for real estate like this, […]
February 7, 2018

Chicago Luxury Homes Closed in December Were on a Tear

Chicago luxury home sales hardly went on a winter break at the end of 2017. The month of December saw $107 million in total sales volume for homes sold for $1 million and up. And the ultra-luxury category showed healthy sales as well. During December, there were 18 deals made for more than $2 million. […]
February 1, 2018

Vista Tower: Newest Chicago Luxury Condo Building Expected to be Iconic

Over the last few years, Chicago has seen a number of exciting new construction projects for luxury buyers—but it’s been some time since something as exciting as Vista has been on the horizon. This new luxury building is under construction now—but the anticipation for it is building even more quickly, as this is expected to […]
February 1, 2018

How to Close on a Chicago Luxury Home in a Bidding War

Picture this: You’re shopping for a home and finally find a property that is stunning, special and feels different from the rest. It’s perfect for you, and because you can picture yourself living in it already—well, it must be meant to be. Odds are, you aren’t the only one who feels this way about that […]
January 26, 2018

11 Luxury Chicago Condos Sold Between $2 and $3 Million in December

Considering the cold spell we’ve been having in Chicago, seeing the luxury condos that closed in December was a welcome surprise. During the month, a total of 61, $1 million-plus condos sold, reaching a total sales volume of $95 million. Twelve of those properties fell into the “ultra-luxury” category, priced between $2 million and $3 […]
December 31, 2017

November Luxury Chicago Home Sales Slowed Slightly

While luxury Chicago condo sales saw a strong November, single-family homes seemed to experience the seasonal slowdown we often see this time of year. But that doesn’t mean there weren’t some noteworthy sales: The highest-price property traded for $4.2 million, and the top five sales were all around $2 million or higher. The top five […]
December 29, 2017

Ultra-Luxury Chicago Condos Sell Well in November

When we checked in on Chicago condo sales at the close of September, the final quarter of 2017 was looking a bit unpredictable. The month saw relatively soft sales of high-end properties, but sales seemed to resume in October— and not move into the typical winter/holiday slump that November and December usually bring. But, November […]
December 28, 2017

Chicago Luxury Homes Sales Held Up in October with 8 Homes Sold for More Than $2 Million

Chicago luxury home sales seemed to perk up in October, especially when compared to the soft September that preceded it. October saw $58 million in total sales of luxury single-family homes, ranging from $1 million up to $7.5 million. Eight of the 33 luxury homes sold were over a $2 million price point.
May 4, 2018

New Construction Condos at 9 W Walton Accounted for Nearly Half of the $2M-Plus Closings in March

Looking at each month’s condo sales, we can generally see some common denominators or indicators of what’s to come in Chicago real estate: a trend that buyers are gravitating toward, a hot neighborhood or even negotiating tactics between buyers and sellers. And March’s closings definitely point to something worth watching in Chicago real estate: 9 […]
April 1, 2018

February Closings for Luxury Chicago Condos Were All About Square Footage

Square footage is something I bring up with my clients a lot. Whether you’re moving into the city from the burbs, or are a recent empty nester, buyers are often drawn to the convenience of amenities, services and location of a Chicago downtown luxury condo—but they don’t want to sacrifice space and square footage to […]
April 1, 2018

Luxury Chicago Home Sales Slow Down in February

Over the last several months, it hasn’t been uncommon to find a property or two on the top sales each month that I’d call “ultra luxury.” These are the homes that sell for $3 million up to $8 million, typically in Lincoln Park. February’s sales did not include a property like this, and it’s the […]
February 27, 2018

Flex Space Becoming Critical for Buyers of Chicago Luxury Homes and Condos

In luxury Chicago real estate, the design of a home is of the utmost importance. Sure, buyers can make their own changes in line with their personal aesthetics, but things like a smart floorplan or architectural design are generally major markers of a dream home no matter what. Because of that, the latest development in […]
February 27, 2018

Top Sales Closed in January: 3 Vintage Chicago Luxury Masterpieces, 2 Luxury New Construction

Looking at the luxury Chicago homes that sold and closed, the month of January was highly unusual. The top five sales were each extremely unique, including two brand-new construction properties along with three vintage architectural masterpieces which sold for major, major discounts. The three vintage homes are truly special properties—but for real estate like this, […]
February 7, 2018

Chicago Luxury Homes Closed in December Were on a Tear

Chicago luxury home sales hardly went on a winter break at the end of 2017. The month of December saw $107 million in total sales volume for homes sold for $1 million and up. And the ultra-luxury category showed healthy sales as well. During December, there were 18 deals made for more than $2 million. […]
February 1, 2018

Vista Tower: Newest Chicago Luxury Condo Building Expected to be Iconic

Over the last few years, Chicago has seen a number of exciting new construction projects for luxury buyers—but it’s been some time since something as exciting as Vista has been on the horizon. This new luxury building is under construction now—but the anticipation for it is building even more quickly, as this is expected to […]
February 1, 2018

How to Close on a Chicago Luxury Home in a Bidding War

Picture this: You’re shopping for a home and finally find a property that is stunning, special and feels different from the rest. It’s perfect for you, and because you can picture yourself living in it already—well, it must be meant to be. Odds are, you aren’t the only one who feels this way about that […]
January 26, 2018

11 Luxury Chicago Condos Sold Between $2 and $3 Million in December

Considering the cold spell we’ve been having in Chicago, seeing the luxury condos that closed in December was a welcome surprise. During the month, a total of 61, $1 million-plus condos sold, reaching a total sales volume of $95 million. Twelve of those properties fell into the “ultra-luxury” category, priced between $2 million and $3 […]