Chicago Luxury real estate

Chicago Real Estate Blog

June 30, 2017

May Luxury Chicago Condo Sales Were All About Chicago’s Gold Coast

Chicago’s Gold Coast neighborhood is no stranger to luxury real estate, or the wish lists of high-end buyers. Nestled just blocks from the Magnificent Mile, residents of the Gold Coast are just blocks from everything they need: Shopping: The boutiques along Oak Street are of world-class caliber: Harry Winston, Hermes, Jimmy Choo and many other […]
June 12, 2017

Over-The-Top Kid’s Closets For Chicago Luxury Homes and New Construction

Luxury homes are no stranger to lavish master suites that include expansive dressing and vanity areas. But there’s a new suite in the house getting major design attention—the children’s closet. Homeowners are beginning to make investments into this oft-forgotten storage space to create a big-time closet design that combines a unique aesthetic and necessary function […]
May 22, 2017

Single-Family Luxury Homes Sell Well in April

Looking at the April numbers, Chicago’s luxury market sales are up, and I’d predict that the rest of spring should continue to be a “seller’s market.” Last month, 11 of the properties sold were in the “ultra-luxury” class, meaning luxury single-family homes that sold for $2 million up to $4.775 million. Of the top five […]
May 18, 2017

11 Upper Bracket Chicago Condos Sell in April

When I refer to the “upper bracket” of Chicago luxury condos, I am referring to properties that sold upwards of $2 million up to $4.2 million, as was the case last month with 11 upper bracket condos sold in this range. April’s sales certainly indicate that sales in the $1 million-plus market should be strong […]
May 17, 2017

The Future May Soon Be Here with Artificial Intelligence for Chicago Luxury Homes

We’ve all had these days: Returning home after too many hours in the office or on the road, hungry for dinner but lacking the energy to actually cook something. If only there were a machine that could do it for you… Those days could soon be a thing of the past, thanks to the June […]
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 […]
November 8, 2012

Home Sales Are Increasing while Chicago Luxury Real Estate Holds its Own

Although home sales in general have been on the rise for 15 months in the row (according to the Wall Street Journal), the Chicago luxury market remains in a class by itself. Luxury real estate in Chicago is stable, more than likely because obtaining a loan is more difficult for homes that will have a […]
October 30, 2012

28 Luxury Chicago Condos Sold in September for a Total of $47 Million

Last month’s condo sales in Chicago continued to hold ground during summer’s end, with sales of luxury condos (those priced at $1 million or higher) totalling $47 million, with 28 units sold. A few things we continue to see among luxury condos include ample square footage, buildings with top-of-the-line amenities and new construction properties that […]
October 29, 2012

Obtain the List and Photos for Top 20 Luxury Chicago Home Sales in September, Totaling $35 Million

For buyers who are interested in luxury Chicago real estate, there’s always one great place to start: Look at previous sales. Even though these are properties that have moved on the market and aren’t available for a current buyer, they are a key way to outline what types of properties are selling and at what […]
September 27, 2012
Lincoln Park 2550 Unit A6 floor plan

Hot on the Chicago Real Estate Market: Lincoln Park 2550

Working in the Chicago real estate market, there is plenty of news and properties and deals to keep abreast of–some more exciting than others. I’ve been eagerly watching one of the most anticipated new construction projects from the last few years become a reality–Lincoln Park 2550. These brand-new luxury condos are unlike any other property […]
September 6, 2012
lincoln park 2520 chicago real estate

July Luxury Condo Sales: 40 Units, Totaling Over $76 Million

I’ve talked a lot about trends that we continue to see month to month in Chicago home sales–lot sizes, new construction, and noteworthy architecture are just a few of the common features found among the properties that are selling now. When it comes to condo sales, I’m noticing a new commonality–the most expensive condo sales […]
September 4, 2012
Joe Rice Interiors

The Right Draperies and Shades for Your New Chicago Home

Luxury real estate in Chicago is often all about the details–exquisite finishes, meticulous construction, and all of the “little stuff’ that helps set a property apart from others. But maintaining this refined taste goes beyond finding the right property to purchase–it’s also all about the careful attention paid to a home once you’ve moved in. […]
August 28, 2012

Chicago Luxury Home Sales in July: Less Expensive Homes Sold, Totaling $56 Million

We continued to see a strong number of luxury home sales in Chicago last month, but a new trend shows that sales in July skewed toward lower-priced properties than we’ve seen in recent months. Of the 37 homes that sold during the month of July, 30 of them sold for under $2 million, ranging in […]
August 22, 2012

Can Chicago Real Estate be Far Behind Worldwide ‘Ultimate High-rise’ Trend?

If there’s something every Chicago real estate buyer loves, it’s finding a place with a view. Whether its a vista over Lake Michigan or a panorama of the enviable skyline, a property that towers above the city is something many buyers pine for. But it’s not just Chicago that is literally moving on up. The […]
July 31, 2012

19 Chicago Luxury Homes Sold in June, Totaling More than $30 Million

The Chicago luxury real estate continued to prove in the month of June that the ups and downs of the market are no match for buyers on the hunt for the perfect home. With 19 luxury homes sold (those priced at $1 million and up), total sales for the month were $32.6 million. Lincoln Park Known […]