The numbers are in for Chicago luxury home sales in June, with 60 single-family homes closing for a total of $87.6 million. The top 11 sales ranged from $2 million up to the most expensive sale at $4.2 million–and not surprisingly, 7 of those 11 were found in Lincoln Park, one of the city’s most coveted neighborhoods for high-end homes.
If you’d like to see the locations or additional photos of the top luxury homes sold in June, email me at [email protected] and I’d be happy to get them to you immediately. There’s something to be said for seeing the photos of these homes in order to understand (and possibly adjust) your expectations as to what is selling on the market. For buyers, this can really clarify what is out there for your budget and what type of details you’ll find in a luxury home with a certain price point.
For a buyer in today’s market, looking at the last month’s home sales can also give you an idea of the details and nuances of various luxury properties and what they cost–such as ceiling heights of 9 feet versus 12 or 13 feet; standard versus custom finishes; and a standard versus an extra-wide lot.
When it comes to the top five most expensive sales, you’ll find many of these qualities among them: large lots, ample square footage, and locations on some of the most prestigious blocks in Lincoln Park. Here’s a look at the top five in descending order:
542 W Dickens St
Original list price: $4.499 million
Sold price: $4.2 million
This magnificent Lincoln Park home sits on an extra-wide 32.5-foot wide lot. The home was custom built in 2006 with exquisite design, exceptional craftsmanship and outstanding millwork throughout. Ceilings soar to 12-13 feet on all levels, with wide plank walnut flooring and apparent attention to detail throughout each room. This top sale in June spans 6,700 square feet with a fabulous kitchen, spacious great room and a private back terrace.
1935 N Burling
Original list price: $3.7 million
Sold price: $3.15 million
On an extra-deep lot, this Lincoln Park home is flush with luxury features: an attached 3-car heated garage; high ceilings; a full-floor master suite; four fireplaces; a 1,400 bottle wine cellar; and a heated driveway and sidewalks. This Metzler/Hull re-sale offers 6.400 square feet, with a private 38- x 25-foot rear yard., plus elegant millwork, a formal dining room with butler’s pantry, gourmet kitchen and more.
1534 N Dearborn Pkwy
Original list price: $3.125 million
Sold price: $2.9 million
A 5 bedroom, 5,500-square foot beauty in the Gold Coast, this home offers gracious room sizes on its oversized lot. A spacious eat-in chef’s kitchen features professional-grade appliances, while a full-floor master suite boasts a huge bedroom, sunny bathroom and private terrace. Upper-level bedrooms have en-suite bathrooms, while the lower level features a family room, library and game room that lead to rear gardens and a gorgeous backyard.
1858 N Howe St
Original list price: $2.895 million
Sold price: $2.525 million
This stunning, modern, 6,000-square foot home comes with a number of sought-after details like cherry wood floors and doors, 12-foot ceilings and even a perfect new chef’s kitchen that was featured in Better Homes & Gardens. The head-turning kitchen (which also features walnut and glass cabinets, a granite waterfall island with trough sink, and walk-in pantry) opens up to a family room with a new wall of windows that lead to a terrace and serene yard.
3540 N Ravenswood Ave
Original list price: $2.4999 million
Sold price: $2.4 million
With a generous 7,229 square feet, this 6-bedroom home is spectacular and built for entertaining. Featuring a theater, outdoor basketball court, 4,000 square foot deck, endless swimming pool and over 5,000 square feet on the main floor, this is a great home for a large family and for hosting others. On an extra-deep lot, the home also features a 4-car attached heated garage, 10-foot ceilings, 2 kitchens and a private and secure design.
It’s important that buyers familiarize themselves with recent sales such as these–if you’re in the market for a luxury property, looking at the photos and details of recently sold homes gives you an idea of the market, and let’s you plan your own purchase accordingly in terms of what your wants, needs and budget are. For more information on these homes or to see what’s on the market now, contact me at (312) 498-5080 or email me at [email protected]