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Most Expensive Chicago Condos

Posted by Linda Shaughnessy on Wednesday, September 25th, 2019 at 2:36pm.

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. 

NewLuxuryChicagoCondos

 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 service and amenities well-traveled luxury buyers enjoy in five-star hotels. Among the desired amenities are 24-hour concierge and door staff, parking valets, move-in coordinators, expansive fitness centers, Pilates studios, lap pools and private massage rooms, residents’ wine storage, children’s playrooms, formal reception and dining rooms, landscaped terraces and catering kitchens, pet services and dog runs, and a few have guest suites available to homeowners. It’s hard to imagine how much better it can get, but with each new building, the luxury bar is raised. 

Here’s a snapshot of the top luxury buildings 

One Bennett Park Condos. 451 E Grand Developed by Related Companies 70 stores, 69 units Two to four bedrooms, ranging in size from 1,935/SF to 5,130/SF Set on a 1.7 acre park Lifestyle amenities include a landscaped grand terrace overlooking the lake with lounge furniture and an outdoor-SubZero Wolf kitchen See One Bennett Park Condos for Sale 

No. 9 Walton Ultra Luxury Condos.  9 W Walton Developed by JDL Properties 38 stories, 71 units Two to six bedroom residences, including simplex, duplex, and full-floor layouts with covered terraces, ranging in size from 2,252/SF to 4,863/SF and penthouses 7,085/SF. Many units have been combined Unique to No. 9 Walton amenities is the house driver chauffeur and guest apartment suites. See No. 9 Walton Condos for Sale 

Renelle on the River 403 W Wabash Developed by Belgravia Group 18 stories, 50 units Three and four bedroom condos - 1,827/SF - 2,424/SF All condos with private terraces Amenities feature an outdoor terrace with fireplace and indoor and outdoor kitchens. There is a private screening room and game room See Renelle on the River Condos for Sale 

4 E Elm Developed by Convexity Properties 24 stories, 35 units All floorplans are three-bedrooms with one and two outdoor terraces - 3,100/SF - 3,515/SF Private elevator access is standard in each unit, 10-foot ceilings See 4 E Elm Condos for Sale

Expensive Chicago Condos
Where the most expensive Chicago condos are selling
Luxury Chicago Condos NewLuxuryChicagoCondos

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 service and amenities well-traveled luxury buyers enjoy in five-star hotels. Among the desired amenities are 24-hour concierge and door staff, parking valets, move-in coordinators, expansive fitness centers, Pilates studios, lap pools and private massage rooms, residents’ wine storage, children’s playrooms, formal reception and dining rooms, landscaped terraces and catering kitchens, pet services and dog runs, and a few have guest suites available to homeowners. It’s hard to imagine how much better it can get, but with each new building, the luxury bar is raised. Here’s a snapshot of the top luxury buildings One Bennett Park Condos. 451 E Grand Developed by Related Companies 70 stores, 69 units Two to four bedrooms, ranging in size from 1,935/SF to 5,130/SF Set on a 1.7 acre park Lifestyle amenities include a landscaped grand terrace overlooking the lake with lounge furniture and an outdoor-SubZero Wolf kitchen See One Bennett Park Condos for Sale No. 9 Walton Ultra Luxury Condos. 9 W Walton Developed by JDL Properties 38 stories, 71 units Two to six bedroom residences, including simplex, duplex, and full-floor layouts with covered terraces, ranging in size from 2,252/SF to 4,863/SF and penthouses 7,085/SF. Many units have been combined Unique to No. 9 Walton amenities is the house driver chauffeur and guest apartment suites. See No. 9 Walton Condos for Sale Renelle on the River 403 W Wabash Developed by Belgravia Group 18 stories, 50 units Three and four bedroom condos - 1,827/SF - 2,424/SF All condos with private terraces Amenities feature an outdoor terrace with fireplace and indoor and outdoor kitchens. There is a private screening room and game room See Renelle on the River Condos for Sale 4 E Elm Developed by Convexity Properties 24 stories, 35 units All floorplans are three-bedrooms with one and two outdoor terraces - 3,100/SF - 3,515/SF Private elevator access is standard in each unit, 10-foot ceilings See 4 E Elm Condos for Sale

 

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