Where the Most Expensive Chicago Condos are Selling
Year-to-date, more than half of the 46 most expensive Chicago condos that sold over $3 million were in new buildings - Renelle on the River, One Bennett Park, No. 9 Walton, and 4 E Elm. Considering the number of high-profile developments coming to market in Chicago over the next year, the trend will likely continue, putting pressure on sellers of luxury resale condos to either renovate and upgrade before listing, or price aggressively.
New construction condos offer lifestyle amenities
Aside from the obvious appeal of everything being brand new, today’s luxury buildings are offering more than beautiful interiors, they’re suggesting a pampered lifestyle, similar to the exceptional
The Millennial Influence on the Luxury Real Estate Market
As we study the country's buying trends, we can't overlook the millennial influence on the luxury real estate market.
Millennials are categorized as individuals born between the years of 1981-1996. Most are out of college at this point, and many are well established in their careers. Due to a period of economic hardship, many millennials chose to rent for the majority of their 20s, as opposed to securing a loan. As a result, this generation is choosing to bypass the starter home and have set their eyes on something more advanced—the luxury home.
Bloomburg reported that in 2017, 23% of a luxury home building company’s customers were under the age of 35. As millennials grow older,
The Best One and Two Bedroom Choices for an In-town
As nice as a five-star hotel may be, a weekend downtown in your own pied-a-terre is another form of luxury, and one you may be inclined to enjoy more often. Here are three Gold Coast buildings with excellent one and two bedroom choices you will find irresistible – shockingly priced between $230,000 - $550,000
1120 N Lake Shore Drive 1B – One bedroom maisonette $230,000
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On the corner of Lake Shore Drive and Elm Street, three blocks to Michigan Avenue and Oak Street, this sunny corner one-bedroom co-op features 11'4” ceilings, all wood floors, a renovated kitchen with high end appliances, including Sub-Zero and Viking, and SpacePak air conditioning.
Top Chicago Neighborhoods Ready for More Luxury Condos
Luxury homebuyers are experienced when it comes to navigating the real estate market, and they know what to look for. The current projects listed here offer the newest—and therefore most polished—amenities and designs on the market. Read on to learn about our picks for some of the most exciting new condo developments in Chicago.
Three Sixty West
There are many attractive River North luxury apartments and condos on the market, with Three Sixty West being one of the most exciting new options. With these homes, you aren’t merely looking at the future—you’re living in it. The building features 38 homes that use open floor plans to maximize the space. Large rooms are enhanced with natural
As fall breaks, Chicago's Streeterville neighborhood bustles with residents and visitors exploring great views of Lake Michigan and the richness of our lake-adjacent neighborhood. Our three topics for fall include Streeterville parks, food and activities, and finally, a few notes on several contemporary and vintage home possibilities.
The Chicago Lakefront Trail is 18.5 miles long, with Streeterville in its pathway. In fall, the trail will continue to host a stream of cyclists, joggers, walkers and dog walkers. Adding to the wealth of parks and green space within Streeterville’s boundaries is the newly opened Bennett Park. The two acres are publicly accessible green space next to the luxury condo building One
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