Chicago Luxury real estate

Chicago Real Estate Blog

March 26, 2019

The Best Streets for Luxury Real Estate in Chicago are Found in Lincoln Park and the Gold Coast

There are streets around the world that you know by name—Bourbon Street, Rodeo Drive, Madison Avenue. These blocks have gained notoriety thanks to rich history, acclaimed architecture and notable destinations. In real estate, there are also buzzworthy blocks, known simply for being a hub for high-end properties. Chicago has its own brand of city-famous streets […]
March 5, 2019

The 10 Most Important Things To Help Sell Your Chicago Luxury Home In 2019

As we head into 2019, luxury real estate may be poised for a bit of a softening. In Chicago and other major areas, numbers indicate that the supply of luxury homes is outpacing demand, causing a slowdown in the market for high-end real estate. At the same time, the cost of luxury living in Chicago […]
March 1, 2019

Luxury Chicago Condo in the Fordham is a Modern Aficionado’s Dream Home

While Chicago has much to offer in the way of architecture and design, a pure modern aesthetic isn’t as prevalent in real estate—which makes this luxury condo in the Fordham ultra-unique. This, 3,700 square foot, penthouse-level condo was renovated and designed for the most discerning modernist in ways that showcase its 180-degree views and deliver […]
December 14, 2018

Luxury Chicago Single-Family Sales in November Take a Dive

‘Tis the season for real estate to start seeing its typical slowdown, and we certainly saw that in November as the Chicago weather moved straight into winter temperatures. But if you can handle the turning of the seasons, this time of year is a great one for buyers to get a real estate deal. I […]
December 14, 2018
2550 N Lakeview Lincoln Park

Luxury Chicago Condo Sales Down Considerably in November

Chicago luxury real estate has largely thrived in 2018, as we’ve reported with each month’s recap. But, the seasonal shift in the market became apparent in November sales, which saw just 33 sales of luxury condos (those sold for $1 million-plus). Sale prices of Chicago condos in November went all the way up to $6 […]
October 31, 2018

Chicago Luxury Single Family Home Market Continues To Be Strong In September

Whether it’s the time of year or the market experiencing a slow down, luxury real estate is slowing down in many parts of the country. But here in Chicago, the high-end market is certainly holding its own, as evidenced by the fact that 14 homes closed for more than $2 million in September. The top […]
October 21, 2018

Chicago New Luxury Construction in Prime Locations on a Tear in September

Even as we close in on the end of the year, the luxury real estate market doesn’t seem to be going into hibernation. New and newer luxury condos sold at a fast pace in September, which seems to be an anomaly compared to many other major cities in the U.S. Chicago continues to be one […]
October 2, 2018

Bigger is Better in August’s Single Family Luxury Home Sales in Chicago

As the saying goes: “Go big or go home.” Luxury home buyers in August did both, as the top homes sold during the month each stretched over impressive square footage and lot sizes. The most expensive sale for August sits on not one, but three oversized city lots. It’s clear that home and lot size […]
October 2, 2018

Chicago Luxury Condo Sales Were Sizzling in August

Summer weather brought the heat during the dog days of summer—and so did the Chicago luxury real estate market. The hottest building in the city was new construction darling 9 W Walton, which occupied 7 out of 10 of the most expensive sales for the month. August is typically a slow month for real estate […]
September 18, 2018

The 5 Most Expensive Luxury Homes in Chicago Sold In July Were On Larger-Than-Standard Lots

The luxury market for single-family homes continued to move in July, though the price range has tempered a bit compared to what we’ve seen in recent months. July’s sales were largely in the $3 million range, whereas the top sales for much of early summer ranged from $5 million all the way up to $8 […]
March 5, 2019

The 10 Most Important Things To Help Sell Your Chicago Luxury Home In 2019

As we head into 2019, luxury real estate may be poised for a bit of a softening. In Chicago and other major areas, numbers indicate that the supply of luxury homes is outpacing demand, causing a slowdown in the market for high-end real estate. At the same time, the cost of luxury living in Chicago […]
March 25, 2016

February Sales for Chicago Luxury Homes: Lincoln Park Single-Family Home Sells for Over $8 Million

Perhaps it was the winter doldrums or some overlapping effects from the volatile stock market, but Chicago luxury home sales in February were well, “just OK.” Just 26 luxury homes (those sold for more than $1 million) closed last month, totaling $46 million. More than $8 million of that was a single double-lot property that […]
March 18, 2016

Why Certain Chicago Luxury Condos Should Rise in Price

Given that the last decade of real estate across the country has had it’s ups and downs, it’s important that home buyers consider the “big picture” when thinking about a home purchase. That means not just evaluating what’s right in front of them—the current sale price. Sure, that’s the number that’s right in front of […]
September 22, 2015

Search Chicago Luxury Condos with More than 3,000 Square Feet

Whether moving from a house to an amenity-full condo building or swapping the suburbs for the city, there are plenty of reasons my clients find themselves in the market for a Chicago luxury condo. And with a condo search almost always comes this requirement: plenty of space. Even if they are downsizing, I find that […]
December 22, 2014

Chilly November Doesn’t Stop Chicago Luxury Home Sales

While last month’s sales numbers certainly showed signs of a seasonal slowdown, sales for luxury homes held relatively steady in November, especially considering the arrival of snow and the start of the holiday season—two things that typically contribute to near radio-silence on the real estate market. But sales didn’t stop entirely, and November saw a […]
May 19, 2014

Buyers Primarily Purchasing Luxury Chicago Condos with Cash

For the second consecutive month, cash buyers were the stars of the show when it came to luxury Chicago condo sales. Four out of the top five most expensive homes sold were bought with cash, something sellers should certainly take note of. April’s condo sales are further evidence that downtown Chicago is where buyers want […]
March 11, 2014

Up the 'Wow' Factor with a One-Stop Coffee Shop in your Chicago Luxury Home

When it comes to luxury real estate in Chicago, it seems the next big thing is always right around the corner—a smarter home technology, the trend du jour, or a device that promises to take luxury living to the next level. With home amenities evolving quickly, a walk-in closet or hardwood floor doesn’t quite cut […]
February 27, 2014

Brand New Chicago Luxury Construction Perfect for an Art Aficionado

The right property for an art collector is often unique. It should be somewhat of a blank canvas, with high ceilings that allow for large-scale pieces; it should be a space that can protect pieces from bright sunlight; and many include architectural details that create spaces ideal for showcasing paintings or sculptural pieces. It’s also […]
January 30, 2014

The 15 Hottest Buildings for Luxury Chicago Condo Sales in 2013

If the real estate market was hot in 2013, then Chicago condos were on fire. Sales among luxury condos totaled $680 million. And of that number, nearly half of the sales volume came from just 15 buildings—clearly some of the most chic and coveted addresses in the city. So what is it that makes a […]