The Most Expensive Condo Buildings on The Magnificent Mile

While Chicago's Magnificent Mile is certainly known for being one of downtown's premier commercial and shopping districts, it's also a wonderful place to call home as well. Set amongst all the upscale stores, luxe fashion boutiques, and five-star restaurants along Michigan Avenue are a number of the city's most expensive condo towers, including the shortlist featured below: 

Ritz Carlton Residences Chicago

It doesn't get any classier than the Ritz Carlton. Downtown Chicago's iteration of the world-renowned hotel chain is no exception. From the moment you walk in, you'll immediately be impressed by the exquisite architecture and attention to detail. Elites traveling from every part of the world consider this place a home away from home. But what some people don't know is that it can be your full-time home, as The Ritz Carlton Residences offer a variety of residential options for those looking to live the high life every day of the year. These multi-million dollar suites are secluded from the rest of the building's comers and goers but still come with everything you'd expect from a five-star hotel stay. That means unfettered access to the fitness center, billiard room, wine cellar, grand salon, and screening room. The units themselves could be considered nicer than what you'd find guests staying in, too. They've been specially designed with the condo lifestyle in mind, featuring lovely wide-plank hardwood floors, six-inch baseboards, wide doors, and towering 12-foot ceilings. Ritz Carlton Residences Chicago doesn't cater to anyone with less than a million dollars to spend, but it's certainly worth it for those who can afford the luxury living experience.

One Hundred East Huron

Also known as Chicago Place, One Hundred East Huron is a multi-use building situated at - you guessed it - 101 East Huron Street. It was completed in 1991 and is composed of a retail complex and condo community. Floors 11 to 49 comprise residential units, all of which are penthouses past the 43rd floor. These larger suites enjoy an abundance of space; there are no more than four per level and some are duplexes. Interior finishes and designs can vary, although one thing you can certainly bet on finding in every home is a spectacular view. Residents of One Hundred East Huron enjoy amenities such as an indoor pool, fitness center, sauna, 24-hour door service, on-site tailor, dry cleaners, party room, and sundeck. Prices start in the mid-hundred thousands and climb up to the millions.

Park Tower

Park Tower is a staple of Chicago's downtown skyline. It's hard to miss, not just for its height, but also for its unmistakable architecture. The building was completed in 2000 and stands at 844 feet tall. Luxury homebuyers have long flocked to 800 North Michigan Avenue in hopes of snagging a highly-coveted suite of their own. There's a surprisingly short number available - only 117 across 67 floors. But you'll find each condo at Park Tower boast common characteristics like 10-foot ceilings, designer finishes, and open-concept floor plans. The downstairs Park Hyatt Hotel affords residents access to services and amenities like room service, a gym and spa, 24-hour concierge care, and more. It can all be yours for an entry price of roughly $1.2 million.

One Mag Mile

In one word, One Mag Mile could be best described as 'magnificent'. That's the title its street - or better said, avenue - has rightly earned after decades of hosting Chicago's best shops, restaurants, and live entertainment spots. Michigan Avenue is a first stop for tourists when in town, and it's likewise a place that even city natives wish they could spend more time at on the regular. You can make it your home by buying any of this building's 184 luxury condos. They average around $1M a pop, although larger suites can be as high as $3M. That hefty price tag buys into a premium lifestyle like no other; enjoy a sixth-floor tenant lounge, modern amenities, convenient access to transit, and a 24-hour keycard-controlled security system.

Four Seasons Residences Chicago

Anyone wanting to stay close to the action will love living in one of the Four Seasons Residences, which truly act as one of the Magnificent Mile's premier properties. This exclusive condo tower offers one-, two-, three-, and four-bedroom units adorned with details like hardwood floors, oversized baths, and floor-to-ceiling windows. 1,147 square feet is the bare minimum here, so you can expect to find plenty of space for entertaining guests. The building's private corridors are situated above its namesake hotel; there are 106 suites between floors 48 and 66. Residents have the freedom to explore downstairs if they wish to take advantage of Four Season's luxury health club, spa, and indoor pool. Room service can even be delivered directly to your door!