Chicago Real Estate News & Neighborhood Notes

Lincoln Park Luxury Home

In the heart of the Windy City, where Lake Michigan's waves meet towering skylines, 2025 has emerged as a banner year for high-end homebuyers. Picture this: a sprawling Winnetka estate fetching $31.25 million—the priciest sale of the year—while downtown condos in the Gold Coast trade hands for over $10 million. These aren't isolated splurges; they're symptoms of a booming luxury market that's outpacing expectations and rewriting the rules of upscale living in Chicago.

 The numbers tell a compelling story. By early November, the Chicago metro area clocked in 138 transactions for properties exceeding $4 million, eclipsing the previous high of 136 from 2023. This frenzy has already surpassed the full-year tally of 106 from 2024, with seven weeks

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Credit: Related Midwest and Gensler

Nestled along the South Branch of the Chicago River in the vibrant South Loop, The 78 is poised to redefine urban living in the Windy City. This ambitious 62-acre development, named as Chicago's symbolic 78th neighborhood, transforms a long-vacant stretch of former railyard land into a thriving mixed-use hub. Stretching from Roosevelt Road south to 16th Street and from Clark Street west to the river, it's strategically positioned to bridge downtown with historic areas like Chinatown, Bronzeville, and Pilsen. With easy access via rail, road, trails, and even water taxis, The 78 promises one of the quickest commutes in the city, making it a magnet for residents, workers, and visitors alike.

The site's history

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St. Regis Chicago - Penthouse

In the dynamic realm of Chicago's luxury real estate, few properties captivate like the penthouses at The Residences at St. Regis Chicago. This striking 101-story tower, located at 363 E. Wacker Drive, epitomizes opulence, seamlessly merging world-class design with breathtaking views of Lake Michigan and the city skyline. Recently, the 79th-floor penthouse garnered attention with its $7.5 million off-market sale, highlighting the enduring allure of ultra-luxury living in the Windy City.

Completed in 2020 and designed by acclaimed architect Jeanne Gang, the St. Regis Chicago is more than just a building—it's a lifestyle. With 393 residences ranging from one-bedroom apartments to expansive five-bedroom penthouses, the tower provides residents with an

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669 N. Michigan Ave. Luxury Apartment Facade Rendering 

Photos courtesy of architect Solomon Cordwell Buenz

Chicago's iconic Magnificent Mile is set for a potential transformation with a fresh proposal for a high-rise apartment building that could bring hundreds of new residents to this bustling retail corridor. In a city where downtown living continues to thrive despite economic shifts, developers are eyeing underutilized sites to blend housing with commercial spaces. This latest plan, unveiled recently, targets a prime spot currently occupied by a well-known athletic wear retailer, signaling a shift toward more mixed-use developments in the area.

The project comes from Atlanta-headquartered AMLI Residential, a company with a strong footprint in Chicago through existing properties in neighborhoods

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Maple And Ash - Gold Coast - Chicago

Discovering Maple & Ash: A Culinary Gem in Chicago’s Gold Coast

Nestled in the heart of Chicago’s vibrant Gold Coast neighborhood, Maple & Ash redefines upscale dining with its bold fusion of classic steakhouse fare and modern flair. Located at 8 W Maple St, this culinary hotspot has become a cornerstone of the city’s dining scene, offering an experience that blends sophistication, indulgence, and a touch of playful extravagance. For food enthusiasts, locals, and visitors alike, Maple & Ash is a must-visit destination that captures the essence of Chicago’s dynamic culture. Here’s why this Gold Coast gem stands out and why it’s worth a visit.

A Modern Steakhouse with Unmatched Ambiance
Maple & Ash, opened in 2015, breaks the mold of

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 Tribune Tower Residences - Michigan Ave Entrance

Tribune Tower Residences - Unit 1105 - $3,900,000.

Seize a rare opportunity to own a piece of Chicago history at the iconic Tribune Tower Residences, reimagined for modern luxury. Unit 1105, an extra-large northwest-facing 4 bed/4.5 bath, lives like a single-family home with a gracious foyer, sitting area, and a spacious glass-door-enclosed den. Impeccable craftsmanship shines through with custom millwork, high-end designer finishes, Sub-Zero, Wolf, and Miele appliances, and wide-plank white oak flooring. The primary suite boasts a boudoir, his-and-hers closets, and a spa-like bathroom with a separate tub and shower. Enjoy over 55,000 square feet of curated amenities, including a state-of-the-art fitness center, a stunning 7th-floor rooftop with

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Escape to Wine Country: Discover The Oakville Grill & Cellar, Chicago's Napa-Inspired Oasis in the West Loop

Chicago's West Loop, particularly the vibrant Fulton Market District, has firmly established itself as a premier culinary destination, a place where gastronomic innovation meets a rich dining tradition. Within this dynamic landscape, 

The Oakville Grill & Cellar - 163 N. Green St. Chicago Il

emerges as a distinctive and refreshing addition, offering a unique escape from the urban bustle. From the moment one steps inside, The Oakville promises a transportive experience, where "Napa Valley meets Chicago's Fulton Market District".1 This is more than just a catchy tagline; it is the restaurant's foundational concept, meticulously woven into every aspect of its design, cuisine, and hospitality. The

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 9 W. Walton Condos For Sale And Rent - Gold Coast

Luxury Living Redefined at 9 W. Walton, Chicago’s Gold Coast

Discover an extraordinary lifestyle at the prestigious 9 W. Walton, where elegance, comfort, and world-class design converge. Residence 2802 offers a half-floor layout with stunning upgrades and unmatched amenities.

Residence Highlights:

  • 4,500 sq. ft. of refined living space with 3 bedrooms + office/den and 3.5 bathrooms

  • 750 sq. ft. wrap-around terrace with hot tub and overhead heaters for year-round enjoyment

  • Full Control4 automation for lighting, sound, and shades throughout

Gourmet Chef’s Kitchen:

  • Wolf 60” range with dual full-size ovens, steam oven, warming drawer & built-in Wolf coffee maker

  • Two Gaggenau full-size

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Anthropologie Newberry PLaza 1050 N. State Gold Coast Chicago
Rendering Credit: CBRE

 

Anthropologie, the cherished lifestyle brand celebrated for its bohemian-chic fashion, eclectic home décor, and carefully curated beauty products, is preparing for a stylish comeback to Chicago’s Gold Coast neighborhood. The new store will open at 1050 N. State Street, situated on the ground floor of the iconic Newberry Plaza condominium tower. This move represents a pivotal moment in Anthropologie’s strategy to strengthen its presence within Chicago’s dynamic retail scene.

A Bold Return to the Gold Coast
Following the closure of its locations at Block 37 and the Clybourn Corridor, Anthropologie’s decision to establish itself in the upscale Gold Coast area highlights its dedication to maintaining a foothold in the city’s

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 The Dearborn Condos- 1447 N. Dearborn St. Chicago - Streetview

A new era is dawning for a long-dormant landmark in Chicago's Gold Coast. Altitude Capital Partners, a local development firm, has purchased the historically significant yet long-vacant building at 1447 North Dearborn Parkway for $10 million. Their ambitious plan: to reimagine the site as a collection of exclusive luxury condominiums, according to The Real Deal.

The four-story, 45,000-square-foot structure, dating back to 1901, carries a compelling history. Originally "The Dearborn" Manor, a 50-room long-term-stay hotel, it later transitioned into a 27-unit condominium. Unfortunately, a partial collapse during a 2010 condo conversion brought its occupancy to an abrupt halt, and it has remained vacant ever since.

This extended period of vacancy

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