Chicago Real Estate Blog
March 26, 2019
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 […]
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March 5, 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 […]
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March 1, 2019
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 […]
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December 14, 2018
‘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 […]
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December 14, 2018
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 […]
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October 31, 2018
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 […]
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October 21, 2018
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 […]
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October 2, 2018
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 […]
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October 2, 2018
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 […]
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September 18, 2018
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 […]
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May 31, 2012
Not every Chicago real estate building has a story behind it, but the architectural history behind what is now The Ritz-Carlton Residences is special. While these may be the newest downtown Chicago condos, the building and the location have deep historical roots in the city. The location of The Ritz-Carlton Residences on the corner of […]
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January 17, 2012
Once a client has chosen an architect for a Chicago new construction project, it’s important to understand the decisions that will need to be made and what to expect from everyone involved. The client and architect work closely together to ensure the home is exactly what the client is looking for. I asked Chicago architect […]
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January 16, 2012
If you’re looking to build a Chicago new construction home, it’s important to find an architect who has the same expectations that you do. You likely want to work with a detailed, client-oriented architect that will personally see the new construction project all the way through to completion. A crucial piece in the new construction […]
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January 13, 2012
I recently wrote about the different types of Chicago new construction properties and the nuances of each. As discussed in that post, the most involved type of new construction purchase is starting and building a home from scratch—this is the biggest undertaking in terms of time, money and decision-making. But building your own home, literally […]
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November 23, 2010
The Wall Street Journal had an article this weekend that picked the mind’s of 4 notable Chicagoans, each noting their favorite parts of the city. Put on the hot seat were Grant Achatz (chef/owner of 4-star restaurant Alinea); Reggie Love (personal aide to President Barack Obama); Nate Berkus (interior designer, talk show host and Oprah […]
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October 20, 2010
Just as I was excited to see work in full swing at the Lincoln Park 2520 site earlier this month, I was also excited to walk down Michigan Avenue and see the up-and-coming Ritz-Carlton Residences making serious construction progress. That’s not just because Lincoln Park 2520 and the Ritz-Carlton Residences are two of the few […]
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September 1, 2010
When it comes to luxury Chicago real estate buildings, one name stands out above all the rest: Lucien Lagrange. The French-born architect and his firm have made a name for themselves along any angle of Chicago’s skyline. Lucien Lagrange Architects have designed more than 12,000 residential units in Chicago, including Lincoln Park 2520, the Ritz-Carlton […]
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July 23, 2010
ocated at 800 N Michigan Avenue, Park Tower is by far one of the most luxurious places to live—quiet and understated, but with a few steps inside, you can see and feel that the building seeps with sophistication and class.
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April 22, 2010
One option for luxury real estate buyers is a condo in Aqua, the architecturally-engaging building in Chicago’s Lakeshore East neighborhood.
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