Blog

Chicago Real Estate Blog

March 7, 2017

Chicago Luxury Buyers Get Super Deals in January 2017

Despite the inevitable winter slump, sales of luxury real estate in Chicago were decent in January. The month saw 35 single-family luxury homes sold, totaling $57 million in sales volume. The interesting thing about the homes that sold in January—particularly among the top five—is the deals that the buyers were able to secure despite the […]
January 23, 2017
Chicago real estate at 1550 N State Pkwy

Chicago Luxury Condo Sales Went Out Strong in December

As we wrapped up 2016, the top Chicago condos were singing much of the same song that they did for much of the year. Ultra-luxury properties reigned among the most expensive homes sold, not just in terms of price but in the exceptional elegance found in each and every one. The priciest condos to sell […]
January 23, 2017

Large Lots, New Construction Topped Chicago Luxury Home Sales in December

Holiday gifts weren’t the only new items being shopped in December—brand-new homes were also at the top of the list for the month’s real estate sales. December was all about new construction single-family homes, and in particular, large new construction homes. Each of the top five homes sold offered incredible square footage and amazing quality […]
December 27, 2016

Prime Chicago Luxury Condos Still Selling In November

Even with the start of winter moving in, November was a healthy month for Chicago luxury condo sales, with $42 million in total sales volume. Of the 25 $1 million-plus homes sold, several of those were in the “ultra-luxury” category, selling for more than $2.5 million. Although the Chicago condo sales in November don’t look […]
December 16, 2016

Ultra-Luxury Homes Still Trending Among Chicago Home Sales in November

It’s not surprising that sales among luxury Chicago homes were down in November, with 32 $1 million-plus homes sold for a total of $50 million. However, we still saw a continuing trend from October, which was sales that favor the buyer, with deals closing at significantly lower prices than the original list price. In November, […]
December 6, 2016

Excellent Deals For Buyers Purchasing Chicago Luxury Condos In October

The middle of October is a special time for real estate buyers. As I constantly emphasize to my clients, this is the best time to take action if you’re considering a purchase. Mid-October is when deals are happening, and this past month was no exception. Sellers who have had the market advantage for much of […]
December 2, 2016

October Luxury Home Sales in Chicago Show It’s a Buyer’s Market

They say the real estate market can change on a dime, and October’s luxury home sales in Chicago are certainly proof of that. Looking at the top sales for the month, it’s clear that many of the deals were made in favor of the buyer. I’ve always encouraged buyers to get serious about their home […]
November 17, 2016

Minimalist Kitchens for Chicago Luxury Condos Are In

When it comes to luxury real estate, it’s all about the details—high end finishes, impeccable hardware, architectural nuances that bring a space to perfection. But it’s not only small details that go a long way. Every foot of living space is important for bringing a luxury condo to the next level, and one room in […]
November 8, 2016

On the Chicago Real Estate Market: Pristine Penthouse Condo in the Heart of Wicker Park

Located on a spectacular street in Wicker Park, this extra-wide condo offers everything you’d want in a great location: Close to the neighborhood’s vibrant hub of activity, a high Walkscore and an easy trip into downtown. Address: 1947 W Evergreen, Unit D Size: 2 bedroom, 2 bath Neighborhood: Wicker Park/Bucktown Price: $449,000 Contact: Sheldon Salnick, […]
November 2, 2016

Chicago Luxury Home Sales in September: 9 Sales Over $2 Million

Not unlike September’s Chicago luxury condo sales, luxury single-family homes saw similar sales numbers last month. Nine of the properties sold went for more than $2 million, with the most expensive sale topping out at $4.1 million. The market may be skewed in favor of sellers, but—as I always tell my clients—starting in late October, […]
April 17, 2017

Five Chicago Luxury Homes Sold for More Than $2 Million in March

March was a very interesting month for Chicago luxury real estate, particularly with single-family home sales. The top five sales all fell into the “ultra-luxury” category, selling for more than $2 million each. Time will tell if the surge of ultra-luxury sales is an isolated situation, or if it could be the beginning of a […]
April 12, 2017

4 out of the 5 Most Expensive Luxury Condos Sold for Cash in March

Last year when the luxury real estate market in Chicago was experiencing a major surge, it was common to see many homes being sold to cash buyers, even into the ultra-luxury, multi-million dollar price range. When the luxury market becomes competitive for buyers, cash is king for standing out to a seller as the buyer […]
March 28, 2017

Luxury Single-Family Homes Sales in Chicago Weaker in February

For buyers who were ready to make a purchase last months, deals were certainly to be had. Looking at the February sales for luxury single-family homes in Chicago, it’s clear that sellers who have had their properties on the market for some time opted to sell at a reduced price and not hang on further. […]
March 28, 2017

Chicago Luxury Condo Sales in February Included Great Locations, Large Square Footage and Amazing Views

When I meet with a client looking to purchase a Chicago condo, a key part of our initial interview is to discuss their needs and wants when it comes to real estate. I most often find that clients are in search of specific locations, a minimum of 3,000 square feet of space, and amazing views. […]
March 7, 2017

Plenty of Chicago Luxury Condo Deals to be Had in January

Plenty of Chicago Luxury Condo Deals to be Had in January When it comes to purchasing Chicago luxury real estate, there are a number of variables that can help a buyer get a great deal. One of those is as simple as a page on the calendar: specifically, January. Obviously, January is one chilly month […]
March 7, 2017

Chicago Luxury Buyers Get Super Deals in January 2017

Despite the inevitable winter slump, sales of luxury real estate in Chicago were decent in January. The month saw 35 single-family luxury homes sold, totaling $57 million in sales volume. The interesting thing about the homes that sold in January—particularly among the top five—is the deals that the buyers were able to secure despite the […]
January 23, 2017
Chicago real estate at 1550 N State Pkwy

Chicago Luxury Condo Sales Went Out Strong in December

As we wrapped up 2016, the top Chicago condos were singing much of the same song that they did for much of the year. Ultra-luxury properties reigned among the most expensive homes sold, not just in terms of price but in the exceptional elegance found in each and every one. The priciest condos to sell […]
January 23, 2017

Large Lots, New Construction Topped Chicago Luxury Home Sales in December

Holiday gifts weren’t the only new items being shopped in December—brand-new homes were also at the top of the list for the month’s real estate sales. December was all about new construction single-family homes, and in particular, large new construction homes. Each of the top five homes sold offered incredible square footage and amazing quality […]
December 27, 2016

Prime Chicago Luxury Condos Still Selling In November

Even with the start of winter moving in, November was a healthy month for Chicago luxury condo sales, with $42 million in total sales volume. Of the 25 $1 million-plus homes sold, several of those were in the “ultra-luxury” category, selling for more than $2.5 million. Although the Chicago condo sales in November don’t look […]

Register now, it's free!

(If you are an existing user, please log in.
New users may register with the above link.)

Maximize your search and have access to:

  • Unlimited property searches
  • Save your favorite listings
  • Notifications of new listings
  • Photos and videos of properties for sale
SIGN UP