July was another banner month for the latest darling on the Chicago luxury condo market: 9 W Walton. This new construction building has been wooing buyers for the last several months, often among the highest priced sales in the luxury market. In July, 9 W Walton took 3 of the top 5 spots for most […]
Sophisticated, contemporary and carefully curated, this 3 bedroom, 3.5 bath unit at The Fordham is a paradigm of modern luxury living for the discerning modernist. The 3,700 square foot penthouse-level condo was renovated and designed to showcase its pure modern aesthetic, its 180 degrees of sweeping views and lengthy list of extraordinary features. Address: 25 […]
June continued to show strength in Chicago’s ultra-luxury condo market, with 13 sales topping $2 million. And five of those sales were over $5 million, including the most expensive closing of the month—a raw penthouse space atop the Ritz-Carlton Residences. The trend we continue to see among luxury condo sales is that the top sales […]
The Chicago luxury home market hasn’t show signs of slowing down, and June was no exception. The month saw 75 closings on luxury single family homes (luxury defined as a closing price of $1 million or higher) for a total sales volume of $128 million. And for the ultra-luxury market (sales prices of at least […]
Summer might have just been getting started, but May was one hot market for Chicago luxury real estate. The month saw 81 sales of luxury homes (sold for more than $1 million) for a total sales volume of $120.5 million It’s no surprise that the top three most expensive sales were in Lincoln Park, two […]
The ultra-luxury market is alive and well this summer, with new construction properties popping up alongside some of the city’s most iconic, established buildings. In May, total sales volume was more than $100 million, with 8 Chicago condos closing at a sales price over $3 million. The most expensive condo sold in May was in […]
The new construction luxury market is alive and well, as April’s condo sales made clear. Sales were strong last month, with a healthy number of ultra-luxury prices. Eleven properties closed for more than $2.5 million. For the luxury buyer, a high price point of several million is not an issue for the luxury buyer when […]
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 […]
Looking at each month’s condo sales, we can generally see some common denominators or indicators of what’s to come in Chicago real estate: a trend that buyers are gravitating toward, a hot neighborhood or even negotiating tactics between buyers and sellers. And March’s closings definitely point to something worth watching in Chicago real estate: 9 […]
Square footage is something I bring up with my clients a lot. Whether you’re moving into the city from the burbs, or are a recent empty nester, buyers are often drawn to the convenience of amenities, services and location of a Chicago downtown luxury condo—but they don’t want to sacrifice space and square footage to […]
In my 24 years working with clients in Chicago real estate, I’ve come to approach each relationship as if I were reversed. If I were the one making a home or condo purchase, what would I want from a Chicago real estate agent?
The Chicago real estate market has been regularly making the news for several years now, often one story differing from the next. With many mixed messages out there, buyers are becoming much more discriminating when finally “taking the plunge” on a Chicago real estate purchase.
The luxury condo market is continuing to prove that its still alive, with more than $33 million in sales during the month of May. Luxury condos are defined as sales over $1 million, and May saw 21 individual sales of luxury Chicago condos.