Chicago Luxury real estate

Chicago Real Estate Blog

December 5, 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. Here’s a […]
December 5, 2017

Chicago Luxury Condo Sales Resume with 11 Sales Over $2 Million in October

You might recall that as we headed into the fall months, Chicago condo sales were a bit of a question mark after a soft September. But looking at October sales, that month may have been an anomaly, as October bounced back with not only a healthy number of total sales, but several units in the […]
October 30, 2017

Sales of Chicago High-End Luxury Condos Take a Dive in September

If you’ve been following along in recent months of Chicago condo sales, you’ll know that the real estate market had a busy summer among high-end properties. Sales far and above $1 million and $2 million have been common as of late, and I might have expected more of the same as we closed out September. […]
October 30, 2017

Sales of Chicago Luxury Single-Family Homes Fall Dramatically in September

For much of this year, Chicago luxury home sales have been rather robust, even through the typically-slow summer months. But September was a totally different story from what preceded it. Not only have we seen healthy luxury sales (those $1 million and up), we’ve seen a surge in ultra luxury sales as well. Homes selling […]
September 15, 2017

Market Times for Chicago Luxury Home Sales Were Amazing in August

Just when you thought there would be a complete, expected slowdown for luxury home sales, it just didn’t happen in Chicago. Thus August, $1 million-plus homes sold at record speed, showing the pent-up demand for high-end real estate in the city. With a total of $89.6 million in sales, properties sold in as little as […]
August 30, 2017

Chicago Luxury Home Sales Focused on Ultra-Luxury in July

High-end real estate in Chicago kept pace with the weather in July: hot, hot, hot. Luxury-single family homes saw an incredibly strong month of sales, particularly on the very high end. Twelve of the $1 million-plus sales of single family homes were actually in the $2 million-plus range. And six of them were in the […]
August 25, 2017

July Luxury Condo Sales in Chicago Were Hotter than the Weather

When July sales statistics come in strong, it’s a clear sign that the Chicago luxury condo market is on a tear. Last month, total sales volume for luxury condos was $92 million. Thirteen of the 59 sales for the month fell into the “ultra luxury” category—selling for more than $2 million. Sale prices went all […]
August 9, 2017

Strong Luxury Chicago Condo Sales in June, with 13 Units Selling for Over $2 Million

We’re well into a strong summer for Chicago luxury real estate sales, and the high-end condos that sold in June show it. The month saw $107 million in total sales volume for high-end ($1 million plus) condo sales, and 12 of those properties closed at a price of $2 million or more. The most expensive […]
July 28, 2017

Chicago Luxury Most Expensive Homes Sold Quickly In June

Looking back at the Chicago luxury real estate market in June, there seemed to be a real need for speed. The top homes were off the market nearly as quickly as they were on—two of the most expensive properties sold within just 10 days of being on the market. So what has buyers closing deals […]
July 14, 2017

Luxury Home Sales in Chicago’s Lincoln Park Were on a Tear in May

When it comes to on-fire real estate in Chicago, Lincoln Park is where it’s at, especially if sales in May were any indication. Luxury home sales (those sold for $1 million or more) were very strong in May, with 82 homes sold for a total of $128 million in sales volume. The highest price for […]
March 27, 2013

Pet-Friendly Luxury Condo in Downtown Chicago’s Trump Tower

It’s the best of the best: A coveted location near work and play in downtown Chicago. A building with unmatched service and amenities. Some of the city’s most showstopping views. And a place for a four-legged friend to enjoy it all with. A luxury Chicago condo is available for lease now in one of Chicaog’s […]
March 21, 2013

February’s Most Expensive Chicago Luxury Condos Sold Have Elegance, Old World Charm

During the month of February, old-world panache was where it was at for the month’s Chicago luxury condo sales. Many of the 14 luxury condos (those priced at $1 million or higher) sold were vintage-style properties located in the elegant Gold Coast neighborhood, an area favored in the city for its tree-lined streets, upscale vintage […]
January 23, 2013
Trump Tower Rental on the 83rd Floor

Rent a Luxury Chicago Condo in Trump Tower and Live an Extraordinary Lifestyle

Walking into Chicago’s Trump Tower is an experience unmatched by other condo buildings: from the attentiveness at the valet, to the elegantly appointed lobby, to the concierge services available to handle every whim of the building’s residents. Living at 401 N. Wabash is an address, sure—but more importantly, it’s a lifestyle. A luxury unit has […]
January 21, 2013
461 W Superior St

Check Out the Stats for the Most Expensive Chicago Home Sales in December

I’ve said before that, despite the volatility in real estate markets across the country, luxury real estate in Chicago has done relatively well holding its own. And despite the ups and downs, high-end buyers seem to be driven to the same features in luxury properties: lots of square footage, large lot sizes and great neighborhoods. […]
January 15, 2013

Check Out Chicago's Most Expensive Luxury Condo Apartments to Sell in December

Sales for Chicago luxury real estate continue to be good, with 43 luxury condo apartments sold during the month of December. This is despite the fact that December is typically a sluggish month for real estate, with the holidays, colder weather and the anticipation of a new year ahead. It’s always a good idea for […]
January 2, 2013

Chicago November Luxury Real Estate Sales: 27 Condos Close, Totaling $56 Million

The reports are in for Chicago luxury condo sales during the month of November, and they are a bit surprising. November is typically a month when sales begin to slack off, especially around the middle of the month, as winter and colder weather sets in Chicago. But interestingly, condo sales in November 2012 were fairly […]
December 20, 2012

Economy, Chicago Real Estate Positioned to Grow in 2013

As 2012 winds down, many are looking to forecast where the year ahead may take the economy. The good news is that 2012 has shown good signs for high-end real estate, with luxury homes and luxury condos moving on the market and moving up in price. Overall, the economy is poised to start 2013 in […]
December 10, 2012

Jumbo Mortgages Now Easier to Obtain for Chicago Luxury Real Estate Priced $1 Million and Higher

The last few years in Chicago real estate hasn’t made it easy for luxury home buyers to obtain a mortgage loan for luxury properties (those priced a $1 million and up). With tight lending standards from banks, getting a “jumbo loan” has been a difficult task. But good news is on the horizon for luxury […]
November 26, 2012

Buying Chicago Real Estate: Should You Obtain a Fixed or Adjustable Mortgage?

Buying a Chicago home is full of decisions to make–everything from location to budget to what type of mortgage loan you want. Two types of loans–fixed-rate mortgages and adjustable-rate mortgages–each have their own features and benefits that an individual buyer might want to take advantage of, so how do you decide which is right for […]