Residential

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

St. Regis: 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 St. Regis 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 […]
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.
June 23, 2011

Luxury Chicago Real Estate in Great Locations is Selling

One of the most desirable properties on the market for luxury buyers right now is Lincoln Park 2520, a Chicago new constructions project in one of the city’s best locations.
June 16, 2011

Dressing Up Chicago Real Estate With Custom Window Treatments

But even with an impressive view, most homeowners realize quickly that window treatments are a must, whether it's for privacy, managing sunlight and temperature, the decor, or all three. Joseph Rice is in the top of his class in creating stunning cost minded window treatments in Chicago.
June 6, 2011

Condo Sales in April Show Upward Trend in Luxury Real Estate Market

Despite what continues to be branded as a difficult market, luxury Chicago condos are continuing to sell, as shown by recently released data for April sales. The total volume of condos in April was higher than March, showing a continuing upward trend in luxury Chicago condo sales.
June 1, 2011

Purchasing Chicago Real Estate Similar to the Stock Market

The Chicago market covers a very large area, but in reality, it is segmented—very different types of real estate transactions, and each has played out in its own way during the real estate roller coaster.
May 27, 2011

Making Informed Decisions to Buy Chicago Real Estate

It’s no secret that I’m an advocate for making a Chicago real estate purchase sooner than later to take advantage of the ultra buyer-friendly market.
May 18, 2011

Getting More for Your Money With a Chicago Real Estate Purchase

With a rent ratio of 15, Chicago homes for sale are considered to be priced low, offering potential buyers more “bang for their buck” with a real estate purchase versus making rent payments.
May 3, 2011

Chicago Real Estate Sales Show the Luxury Condo Market is Alive

It’s official: Chicago real estate numbers for March were recently released and 25 luxury condos closed during the month, showing that luxury real estate in the city is doing well.
April 29, 2011

Lincoln Park 2520 Slated to be the Most Exquisite Chicago Real Estate Building in Lincoln Park

One of the latest Chicago new construction projects is Lincoln Park 2520. These in-demand Chicago condos are likely to be the only major new building in Chicago for at least the next five to 20 years,
April 20, 2011

Chicago Condo with Trump-Like Views for Half the Price

Jefferson Tower in the Fulton River district offers equally mesmerizing views—but doesn’t come at the price of living at Trump. There is currently a unit available that features an east-facing view of the city.