Chicago Real Estate, Chicago Condos, Lakeview & Lincoln Park Condos in Chicago

A blog about Chicago Real Estate market.

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Luxury Chicago Homes Are Still Selling

October 22nd, 2009 · No Comments · Housing economy, Residential

It’s no secret that real estate has been a bit topsy-turvy. But the good news is that Chicago homes are still selling – particularly high-end properties in coveted neighborhoods like Gold Coast, Lincoln Park and Lakeview.

In today’s Chicago real estate market, these high-end homes go from anywhere from $2 million up to $15 million. Looking at these sorts of properties that sold in the last month paints a detailed picture as to what is happening now in Chicago real estate. Upscale Chicago homes stacked with amenities don’t seem to be facing the same troubles as the real estate market as a whole. Along with location, lake views, square footage and large lot sizes go a long way among Chicago homes for sale.

3733 N. Lakewood St. – Sold for $2.4 million, this new construction 5-bedroom in Lakeview boasted 3-car garage parking, a media room, a wine cellar, a patio-and-bar-equipped penthouse and home automation.

2444 N. Orchard St. – This 6,200-square foot Lincoln Park home sold in a short sale for $2.5 million. It was built last year with walnut floors, an elevator, wine cellar and a separate master floor with a bath and library.

73 E. Cedar – This Gold Coast greystone was newly renovated before selling for $2.7 million. The home features an elevator between all floors and includes a media bar, wet room and 2-car garage.

1302 N. Ritchie Ct. – With 5,200 square feet, this rehabbed Chicago home sits on a premier Gold Coast street. Offering lake views and an elevator, this property is a prime example the value being found among high-end Chicago real estate.

2141 N. Clifton Ave. – A sun-lit four-story in Lincoln Park presents a grand staircase, sweeping rooms, 2-car garage and a limestone exterior. Sold for $3.2 million, this 4-bedroom beauty also features hardwood floors throughout and a marble-floored media room.

1318 N. LaSalle Dr. – A Chicago home with great square footage is rare, and this new construction property in the Gold Coast is a vast 9,200 square feet on a 150-foot-deep lot. Sold for $3.2 million, this property includes a coach house and guest suite, two terraces, a theater room, elevator and six bedrooms.

To find a Chicago home or Chicago condo that offer the features you’re looking for, please contact Chicago real estate agent Sheldon Salnick at (312) 264-5853 or email him at [email protected].

Visit Sheldon’s Web site to search online Chicago Real Estate Listings.

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