Chicago Luxury real estate

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.
September 9, 2013

Return of Jumbo Loans Make it Easier to Purchase a Chicago Luxury Home

High-end homes in the Chicago real estate market have come off of the housing slowdown somewhat unscathed, but luxury properties have been selling especially well in recent months. And it doesn’t look like it will slow down any time soon. One reason, reported by the Wall St. Journal this week, is that interest rates for […]
August 1, 2013

Why a Chicago Luxury Home Should Have a Cutting-Edge Kitchen

Trends certainly come and go in Chicago real estate, but there is one lifestyle change that everyone seems to be adopting: one spectacular kitchen space. Homeowners today want space in the kitchen—whether for foodie experiments, easier home cooking or entertaining guests year-round. Even a look at your local cable stations shows what an interest the […]
July 11, 2013

Why it is Now Easier to Purchase a Chicago Luxury Home

The market for high-end homes is doing well, as we’ve seen in recent home sales of Chicago properties priced at $1 million and higher. One reason for the improvement is that “jumbo” loans are once again becoming easier to get—good news for luxury homebuyers or homeowners looking to refinance a large mortgage. The Wall St. […]
July 1, 2013

7 Most Expensive Chicago Condos to Sell in May Define Luxury

Luxury is a word we hear often in Chicago real estate, but what is the true meaning when it comes to what goes into a home? Defined as “something that provides comfort, pleasure, or enjoyment but is not absolutely essential,” luxury in real estate is created by the features that make a home more than […]
May 31, 2013
2641 N Wayne Chicago

Chicago’s 5 Most Expensive Homes to Sell in April Found in Lincoln Park and The Gold Coast

Looking at Chicago homes for sale that closed during April, there’s a slightly different trend than we saw in the month prior. Of the 33 closings on luxury properties, only three sales were over $2 million; 20 ranged from $1 million to $1.5 million, and 10 fell between $1.54 and $1.87 million. Buyers and sellers […]
May 29, 2013
Residences at 900 Chicago

Prime Locations for April’s Most Expensive Chicago Condo Sales

The old adage rings true once again: when it comes to real estate, it’s all about location, location, location. While 36 luxury Chicago condos (those priced from $1 million to $3 million) sold and closed in April for a total of $56.8 million, the top 5 most expensive sales were found downtown. The top properties […]
May 17, 2013
Lincoln Park 2550

Lincoln Park 2550 A Building for Luxury Lifestyles

Despite having been open for about a year, I continue to hear clients and realtors alike buzzing about Lincoln Park 2550. This new construction building in the heart of Lincoln Park takes Chicago luxury real estate to another level of sophistication and elegance. You don’t have to go far to truly experience the panache of […]
April 29, 2013
Single-family Chicago home sales in March

March Sales of Chicago Luxury Homes Total $41.6 Million

Although the luxury Chicago real estate market is continuing to charge forward, the month of March saw 27 luxury homes sold, with prices ranging from $1 million up to $2.5 million. When compared to the previous month’s sales, the biggest difference in March was that the top five most expensive homes were in the $2 […]
April 26, 2013
The Ritz-Carlton Residences, Chicago

Most Expensive Chicago Luxury Condo Sales in March Included Brand-New Construction

March was good to Chicago real estate, with Chicago Magazine just declaring it an “awesome” month for the market. Chicago condo sales did their part with 35 luxury sales during the month, totaling $63.8 million for properties priced anywhere from $1 million up to over $4 million. Most of the top sales that closed last […]