August was a pricey month for Chicago luxury condo sales, making it a bit of an anomaly. The August market is typically not as strong, with many people on vacation and the weather not always being the most agreeable for shopping for a new home.
Last month’s most expensive sale is located in a prestigious Gold Coast building, selling for just under $7 million. I’ve longed discussed how buyers are always looking for ample square footage when it comes to condo shopping, but this buyer got a generous amount of outdoor space too—a rarity for such a coveted location in the city. That’s a perk that many hope to find but never do, so it’s a feature that really differentiates that Chicago condo from others in the market.
If you’re in the market for a Chicago condo, I definitely recommend taking a look at last month’s sales details to get a feel for what has sold, with what amenities, at what price. If you’re just starting out, I’d also highly recommend checking out the Top 15 Chicago luxury condo buildings in Chicago for an overview of the top properties I recommend to my clients. Each of these buildings are packed with luxury and amenities and have their own special set of features to offer, so it’s a great overview to help you start your search.
With that, here’s a closer look at the luxury condos that sold last month in Chicago, in descending order:
1300 N State Pkwy, Unit 1201
Original list price: $7.9 million
Sold price: $6.9 million
This is an absolutely exquisite duplex in a very prestigious building: The Ambassador, located in the heart of the Gold Coast. The home boasts 6,800 square feet of interior living space, plus an unparalleled 1,400 square foot private terrace. No luxury or amenity is spared in this opulent residence, which features sweeping views, custom fittings, soaring ceilings and tasteful design throughout. Rooms include 3 large en suite bedrooms, 4.1 baths, family room, library, private dog run and DeGuilio kitchen with La Cornue range.
159 E Walton St, Unit 33A
Original list price: $7.2 million
Sold price: $6.2 million
The Palmolive is not only one of the most iconic architectural buildings in Chicago, but it’s also highly sought after for condo living, with its perfect blend of historic appeal on the outside and ultimate luxury inside. This 5,200 square foot, full-floor penthouse was designed by Nate Berkus and showcases outstanding lake views from the 33rd floor. This unit offers whole house smart system for lighting, shades and music, plus a high-end kitchen with Wolf, SubZero and Miele appliances. The 3 bedrooms include a luxe master suite with spa bath and elegant dressing room, and the family room includes an ensuite bath so that the space could also serve as a fourth bedroom.
340 E Randolph St
Original list price: $4.5 million
Sold price: $4.138 million
This penthouse unit offers just over 4,000 square feet high on the 59th floor in downtown Chicago. High ceilings and panoramic views let you take in views of the city, and a large 11×31 covered terrace overlooks Millennium Park, Buckingham Fountain and the handsome skyline. Inside, additional features like contemporary finishes, maple hardwood floors, snaidero cabinets and electronic window treatments add to the luxurious appeal.
429 E North Water St
Original list price: $3.7 million
Sold price: $3.1 million
This Streeterville condo offers stunning views of the river, park and lake from a whopping 5,300 square feet. The home offers an elevator to take you between four floors, among which you’ll find 5 bedrooms, 4 new baths, a large kitchen and a master suite that encompasses the entire second level. The third level features 3 bedrooms, a sitting room and private rooftop terrace. The building itself also offers a number of amenities, including a health club and doorman.
65 E Monroe
Original list price: $2.9 million
Sold price: $2.9 million
The Park Monroe is one of the best luxury condo buildings in downtown Chicago. This 3-bedroom unit spans 3,360 square feet, and takes advantage of the building’s incredible views since its perched high on the 48th floor. Residents here enjoy a 24-hour doorman, in-building parking, in-building retailers and coveted location within steps of Millennium and Grant Parks, the Chicago Cultural Center, Chicago Symphony and much more.
For more details on the Chicago luxury condos that sold last month, contact me at (312) 498-5080 or email me at [email protected]