BUYING A CHICAGO PENTHOUSE
BUYING A CHICAGO PENTHOUSE

Penthouse Condos in Chicago for Every Budget
Starting around $400,000 and going upwards of $5 million, penthouse units and condos in Chicago are available in a wide budget range, going from top-floor homes in unique vintage buildings to the ultra-luxury condos high above the city.
In my nearly 25 years working in Chicago real estate, I’ve come across countless buyers who are interested in what many consider to be the crème de la crème of condo living: the penthouse unit.
But not all penthouses are created equal, especially in Chicago where the type of unit, price and layout can vary greatly from building to building. But some of the city’s best neighborhoods are ideal locations to find a penthouse unit, including Lakeview, Lincoln Park, Downtwn, Streeterville, Gold Coast and Bucktown. These coveted neighborhoods can have penthouse units that range anywhere from $550,000 to more than $5 million.*
The Best Neighborhoods for Chicago Penthouses
Chicago’s most enviable neighborhoods are also great locations to find penthouses in a range of prices.
Some of the top locations to find a luxury penthouse include:
Lake View
Prices range from $350,000 to $1.5 million+
Search Lake View Penthouses for Sale
Lincoln Park
Prices range from $750,000 to $3 million+
Search Lincoln Park Penthouses for Sale
Downtown
Prices range from $3 million to $10 million+
Search Near North/Gold Coast Penthouses for Sale
Different types of penthouses you’ll find in Chicago:
Chicago Penthouses in a 3- or 4-Flat
Typical square footage: 1,300 to 1,600 square feet
Lot size: 25 x 125 feet
A three- or four-flat building typically offer the standard penthouse, and its usually the most expensive in the building. It might come with roof rights or a private roofdeck that can be accessed throught the penthouse or a common hallway.
Wide-lot 3- or 4-Flat
Typical square footage: 1,600 square feet
Typical lot size: 37.5 feet wide
A wide lot means more horizontal space. Condos—and penthouses—in these buildings feel bigger and typically have the highest resale value when compared to other types of Chicago condos. These units also often boast features like high ceilings and outdoor space.
6- to 8-Flat
Typical square footage: 1,600 to 1,800 square feet
Typical lot size: 50 feet x 125 feet
The position of a building like this allows for lavish space and often a private roof deck, making it one of the most coveted condo types. Penthouses in a 6- to 8-flat might expand the entire floor of a building. The expansive horizontal space in a penthouse often equals better resale value than properties located on the lower floors of the same building.
Duplex Penthouses
Typical square footage: 1,600 to 1,800 square feet
Typical lot size: 50 feet x 125 feet
There are a number of things that set duplex penthouses apart from the rest: dramatically high ceilings in the living space, a small private deck instead of a roof deck, etc. These condos are usually found in a 3-flat or 6-flat but may also be in wide-lot 8-flats as well.
Small Building Penthouses
In smaller buildings, the price range for penthouse units can vary. Masonry buildings, for example, tend to be more expensive than those built with block. Higher priced penthouses usually include ceilings of 9-plus feet, high-end millwork, brand-name appliances and hardwood floors throughout.
High-Rise Penthouses in Chicago
A penthouse unit in large, high-rise buildings are everything a luxury buyer wants. Ceilings at least 9 feet tall (though I would recommend 10-feet or higher), brand-name luxury appliances, generous square footage and coveted outdoor space. This type of condo usually has higher monthly assessments due to increased services and amenities. The units here are often ideal for showcasing artwork, thanks to tall ceilings and ample wall space; they are also the best way to get a spectacular panoramic view of the lake and city, since most high-rise penthouses offer incredible views of the city below.
If you’re in the market for a Chicago penthouse condo, email me with your price range, neighborhood and other details of what you’re looking for and I’ll send over photos and a list of available units for you to check out.
*Price changes are approximate and subject to change.A Selection Of Chicago Penthouses For Sale
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Search results
- Address
- Price
- % / $
- Beds
- Baths
- Living Size
- Price / SF
- Development / Subdivision
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5757 Sheridan Road # 10GCHICAGO, IL 60660
- CHICAGO, IL 60660
- $98,000
- 0
- 0 Bed
- 1 Bath
- 550Sq.Ft (51 m2)
- $178/ Sq.Ft($0 m2)
- LAKE VIEW
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2444 111th Street # 3ACHICAGO, IL 60655
- CHICAGO, IL 60655
- $99,900
- 0
- 0 Bed
- 1 Bath
- 500Sq.Ft (46 m2)
- $200/ Sq.Ft($0 m2)
- SOUTH CHICAGO
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new listing!
6171 Sheridan Road # 2805CHICAGO, IL 60660
- CHICAGO, IL 60660
- $129,900
- 0
- 0 Bed
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- LAKE VIEW
-
new listing!
7009 Wolcott Avenue # 3CHICAGO, IL 60626
- CHICAGO, IL 60626
- $144,888
- 0
- 2 Beds
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- ROGERS PARK
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3900 Lake Shore Drive # 25GCHICAGO, IL 60613
- CHICAGO, IL 60613
- $154,900
- 0
- 1 Bed
- 1 Bath
- 750Sq.Ft (70 m2)
- $207/ Sq.Ft($0 m2)
- LAKE VIEW
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3900 Lake Shore Drive # 11DCHICAGO, IL 60613
- CHICAGO, IL 60613
- $157,500
- 0
- 1 Bed
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- LAKE VIEW
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5038 Drexel Boulevard # 3SCHICAGO, IL 60615
- CHICAGO, IL 60615
- $169,900
- -20.47%
- 4 Beds
- 3 Baths
- 2,300Sq.Ft (214 m2)
- $74/ Sq.Ft($0 m2)
- HYDE PARK
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6511 Oakley Avenue # 3CHICAGO, IL 60645
- CHICAGO, IL 60645
- $170,000
- 0
- 2 Beds
- 2 Baths
- 1,100Sq.Ft (102 m2)
- $155/ Sq.Ft($0 m2)
- ROGERS PARK
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100 Walton Street # 23ACHICAGO, IL 60611
- CHICAGO, IL 60611
- $174,900
- 0
- 1 Bed
- 1 Bath
- 750Sq.Ft (70 m2)
- $233/ Sq.Ft($0 m2)
- NORTH CHICAGO
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4944 Kimball Avenue # 4WCHICAGO, IL 60625
- CHICAGO, IL 60625
- $178,000
- 0
- 2 Beds
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- NORTH CHICAGO
-
new listing!
902 Winona Street # 3NCHICAGO, IL 60640
- CHICAGO, IL 60640
- $179,000
- 0
- 1 Bed
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- NORTH CHICAGO
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1360 Sandburg Terrace # 2904CCHICAGO, IL 60610
- CHICAGO, IL 60610
- $179,500
- 0
- 1 Bed
- 1 Bath
- 600Sq.Ft (56 m2)
- $299/ Sq.Ft($0 m2)
- NORTH CHICAGO
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3110 Sheridan Road # 1801CHICAGO, IL 60657
- CHICAGO, IL 60657
- $179,900
- 0
- 1 Bed
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- LAKE VIEW
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444 Fullerton Parkway # 1902CHICAGO, IL 60614
- CHICAGO, IL 60614
- $184,500
- 0
- 0 Bed
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- LAKE VIEW
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4170 Marine Drive # 7CCHICAGO, IL 60613
- CHICAGO, IL 60613
- $189,900
- 0
- 1 Bed
- 1 Bath
- 957Sq.Ft (89 m2)
- $198/ Sq.Ft($0 m2)
- LAKE VIEW
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4434 University Avenue # 3NCHICAGO, IL 60653
- CHICAGO, IL 60653
- $199,900
- 0
- 2 Beds
- 2 Baths
- 1,100Sq.Ft (102 m2)
- $182/ Sq.Ft($0 m2)
- HYDE PARK
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3600 Lake Shore Drive # 2819CHICAGO, IL 60613
- CHICAGO, IL 60613
- $199,900
- 0
- 1 Bed
- 1 Bath
- 825Sq.Ft (77 m2)
- $242/ Sq.Ft($0 m2)
- LAKE VIEW
-
new listing!
1219 Grace Street # 12CHICAGO, IL 60613
- CHICAGO, IL 60613
- $200,000
- 0
- 1 Bed
- 1 Bath
- 750Sq.Ft (70 m2)
- $267/ Sq.Ft($0 m2)
- LAKE VIEW
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1400 55th Place # 1015SCHICAGO, 60637
- CHICAGO, 60637
- $205,000
- 0
- 2 Beds
- 2 Baths
- 800Sq.Ft (74 m2)
- $256/ Sq.Ft($0 m2)
- HYDE PARK
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3520 Lake Shore Drive # 12ECHICAGO, IL 60657
- CHICAGO, IL 60657
- $209,000
- 0
- 1 Bed
- 1 Bath
- 1,142Sq.Ft (106 m2)
- $183/ Sq.Ft($0 m2)
- LAKE VIEW
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4925 Forrestville Avenue # 4SCHICAGO, IL 60615
- CHICAGO, IL 60615
- $210,000
- 0
- 2 Beds
- 2 Baths
- 1,400Sq.Ft (130 m2)
- $150/ Sq.Ft($0 m2)
- HYDE PARK
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6708 Oliphant Avenue # 3CHICAGO, IL 60631
- CHICAGO, IL 60631
- $210,000
- 0
- 2 Beds
- 2 Baths
- 1,000Sq.Ft (93 m2)
- $210/ Sq.Ft($0 m2)
- JEFFERSON
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5609 Glenwood Avenue # 3CHICAGO, IL 60660
- CHICAGO, IL 60660
- $216,000
- 0
- 2 Beds
- 1 Bath
- 0Sq.Ft (0 m2)
- $0/ Sq.Ft($0 m2)
- NORTH CHICAGO
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904 Winona Street # 3NCHICAGO, IL 60640
- CHICAGO, IL 60640
- $225,000
- 0
- 2 Beds
- 1 Bath
- 900Sq.Ft (84 m2)
- $250/ Sq.Ft($0 m2)
- LAKE VIEW
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