Streeterville’s 3 Most Expensive Condos Currently For Sale
Posted by Helaine Cohen on
The Streeterville real estate landscape is dominated by spectacular high-rise condo buildings boasting breathtaking views and full-service amenities. From 24-hour door service and valet parking to in-building exercise facilities and indoor pools, Streeterville real estate is definitely the place to go for Chicago home buyers seeking an upscale, big city lifestyle.
While the list of high-end Streeterville condo buildings seems to go on and on, some of the most sought after locations for a luxury unit in the neighborhood include 161 E. Chicago Avenue, 840 N. Lake Shore Drive, 800 N. Michigan, 159 E. Walton, and just about every building situated on East Lake Shore Drive. Condo at these and other exclusive Streeterville locations can price anywhere from…
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Chicago’s Gold Coast neighborhood is known for its fine dining, upscale shopping, luxury housing, and….great coffee? While many flock to the Gold Coast for the expensive homes, the one-of-a-kind restaurant scene, or the array of fashionable boutique shops, those who already call the Gold Coast home love this affluent part of downtown for the wide range of quaint cafés and coffee houses that play such a big role in getting each day started.
What’s not to love about Streeterville? It’s hip, it’s lively, and so many of Chicago’s distinguished attractions, high-rises, and icons call Chicago’s Streeterville neighborhood home. When it comes to the real estate market, there’s no doubt condos here are plentiful, but finding the right place that suits all your needs and wants in a new home can often be a challenging and daunting task.
Chicago condos have been hot in 2013, with inventory low in this market full of incredible residences. That's why it's exciting for potential Chicago condo buyers when they hear about top-tier condos available in the city's most desirable locations, and no where could that be more representative than in the amazing array of condos available at 800 North Michigan – Park Tower, a grouping of 117 condos on 67 floors that sit atop the world-famous Park Hyatt Chicago Hotel.
When it comes to buying a condo in Chicago, some home buyers have a general idea of what neighborhood they prefer, while others even have a designated list of buildings in which they hope to find a new place. Whether it’s a community’s general feel and atmosphere or the location and amenities of a particular downtown Chicago condo building, it’s not uncommon in the world of Chicago real estate for buyers to have predetermined choices in mind before even beginning the home buying process.
The Chicago condo market continues to benefit from increased competition and buyer demand, as prices hit a 32-month high in June, according to the Standard & Poor’s/Case-Shiller Home Price Indices.
Whether you’re an established Chicagoan living in the city full time or are just looking for a stylish in-town condo you can call home several times a year, River North may offer some of the best 1-bedroom options in all of downtown. Most people know River North for its upscale restaurants, unique culture and the exquisite River North Gallery District, but when it comes to finding a great deal on chic, fashionable condos housed in high-end full-service residential buildings, there’s no other place in Chicago quite like north of the river.
Much of the nation’s housing market has gained momentum over the past year due in part to a diminishing inventory ramping up buyer demand and boosting competition, creating a seller’s market. In Chicago, that trend has been exemplified by the area’s condo market.