Chicago's Most Expensive Property Sales & Rentals [Last 6 Months]
Posted by Helaine Cohen on
Low inventory and increasing mortgage rates have made much of 2023 both an interesting and challenging year for Chicago’s real estate market. But despite these difficult conditions, the last 6 months have yielded some pretty high-profile deals, both on the rental and the sales sides of the market.
Most Expensive Homes/Apartments Rented in Chicago
(May-October '23)
Despite many of the most expensive apartments for rent being in newer construction buildings, a 12th floor unit in The Ambassador was the highest-priced apartment rented in Chicago over the last 6 months. The Row Fulton Market and One Bennett Park also continue to be among the city's most popular buildings for luxury rentals and are the only two buildings to have multiple units…
76 Views, 0 Comments
Soon to be Chicago’s second tallest building, Tribune Tower East is making some big promises for the future. Here are just a few reasons why luxury condo buyers in Chicago will want to strongly consider buying at the extravagant new Tribune Tower East building.
If you’re thinking about buying a condo in Chicago in 2021, we found three good reasons to buy at Webster Square.
The Belgravia Group recently launched sales for their much anticipated, CA6 property containing 72 total units. As originally designed, the building was to have 67 condo units that were under 2400 sq. ft. and 5 units being 3150 sq. ft. The larger condos were priced from $1.63 million, while the smaller ones started at just under $826,000.
The new owner of a heavily discounted site on Lake Shore Drive is planning to build new apartments on the property. JAB Real Estate recently purchased the site at 3726 N Lake Shore for just over $4 million.
It’s been a big year for new construction filings in Chicago. From Lakeshore Drive to Fulton Market, millions of square feet of new construction is proposed for the city. The square footage is based off of rezoning requests.
Just two condos remain available to buyers at the new Menomonee Row development of East Lincoln Park. This single-family development offers the luxury of upscale rowhomes just blocks from such sites and attractions as the Lincoln Park Zoo, retailers, dining options, theaters and the lake.
Brand new, modern apartments accent Chicago’s Lathrop apartment complex. While the apartments themselves are certainly impressive, the amenities of this North Side property truly put it over the top.
Construction in Downtown Chicago certainly isn’t slowing down as crews push ahead with work on a new tower close to Union Station. When complete, the 50-story tower will be the tallest west of Canal Street.
Chicago’s West Loop is one of the most exciting areas to eat, drink, and experience the best the city has to offer. But as you probably already know, the neighborhood has a number of new construction condo opportunities that are moving faster than ever. One such development is the Residences on Racine, which is a building that, as you'll see below, features some of the most desirable units you'll find anywhere in town...