Chicago Real Estate News & Neighborhood Notes

Another Gold Coast luxury property is now off the market, in case you missed it. Former University of Oklahoma football coach Bob Stoops recently sold one of his properties for $1.68 million.

Stoops and his wife paid $2.2 million for the property in 2006. It had originally been on the market for considerably more.

Stoops put the Greystone up for sale in 2017 for $2.7 million after purchasing another row home right next door. Over the years he’s reportedly made five price cuts to the home.

Most recently the property was listed for just under $1.8 million. The four-story mansion was built in the mid 1880s.

It includes 3.5-baths, five fireplaces and an eat-in kitchen with a large island. In addition, the property features high ceilings, a lower level family

Shoppers now have more luxury brands to choose from in the Gold Coast. The neighborhood recently welcomed in Q Clothier and Rye 51.

The side-by-side luxury retailer found its new home on Oak Street. The boutique is said to cater to a customized experience, with everything from casual to business casual and formal attire. The company prides itself on a one-on-one shopping experience.

Dallas-based Q Clothier supplies custom clothing for men. Shirts, pants, suits, jackets and formalwear is all tailored to a client’s wishes. Fittings can be done in-store, at home, at the office or started online.

Rye 51 also offers a personal shopping experience but tends to deliver more casual options. Clients are able to shop for jackets, denim, outerwear, accessories and

Live in luxury at the 5 most expensive condos currently on the market in Chicago's red hot West Loop.

900 W. Washington Boulevard PH-901

$5.5 million

The most expensive condo in the West Loop right now is a five-bedroom, six-bath penthouse. Part of 900 West Condos, the unit offers 4,900 square feet of living space, and is priced at $5.5 million.

This top floor duplex enjoys some amazing views and a massive wrap-around terrace. It also includes private elevator access, floor-to-ceiling windows, polished concrete floors and an amazing location.

128 S. Green Street PH-A

$3.5 million

A newly constructed penthouse at 128 S Green Street is priced at $3.5 million. Penthouse A offers private elevator entry, floor-to-ceiling windows and some incredible

Live in luxury at these ultra-luxe condos for sale in Downtown Chicago's hottest neighborhoods.

840 N. Lake Shore #2601

Luxury hits new heights with this full-floor penthouse at 840 N Lake Shore. Unit #2601 offers
8,800 square feet of living space and a large amount of private outdoor space. The home is built for upscale living and entertaining. On the market for $13.5 million, the condo includes six bedrooms, eight baths, a wine cellar and three garage parking spaces.

Lincoln Park 2550 Ph-3

A massive two floor penthouse is situated on the 38th and 39th floors of Lincoln Park 2550. Priced at $13 million, the grand home features large arched windows overlooking Lincoln Park, five bedrooms, a private elevator and an array of other upscale

Get familiar with the luxury market in Chicago's fabulous Gold Coast neighborhood by taking a closer look at the most expensive condos currently on the market right now...

840 N. Lake Shore Drive #2601

$13.5 million

Listed at $13.5 million, this six-bedroom, 8+-bath unit at 840 N Lake Shore is easily at the top of the list. Measuring in at around 8,800 square feet of living space, this Lakeshore Park penthouse is topped off by another 1,100 square feet of private outdoor space.

The penthouse was custom designed with 12-foot ceilings, a wine cellar, game and media rooms and even leather flooring in its home office. Designed for the ultimate in upscale living and entertaining, the home also comes with three garage parking spaces.

The Palmolive #31A

Currently under construction, Old Town Park Phase 3 promises to bring hundreds of new rentals to Chicago’s Old Town. Marketed as the city’s newest luxury rental apartments, phase three will include a parking garage, amenity deck and some office space.

Expected to be finished sometime next year, the new tower joins an already exciting collection of completed rentals including everything from convertibles to three-bedroom floor plans, townhomes and penthouse units. As construction progresses on phase 3, renters can still choose from available units in buildings one and two.

Existing Old Town Park amenities offer access to swimming and a spa, plus indoor and outdoor multi-sport courts. The property also includes a sports lounge with arcade games, a private

After a six-year partnership, one of the developers behind the Vista Tower is buying out its majority partner for $270 million. Wanda Hotel Development recently agreed to sell its own 90-percent stake in the building to an affiliate of its Chicago partner to cut debt.

Previously, Magellan Development Group owned just 10-percent of the project. The Chinese partner had been looking for a buyer for its stake in the property for at least two years. The on-going pandemic has made its current financial woes even more challenging. 

The $270 million buyout accounts for Wanda’s equity stake in the estimated $1 billion condo and hotel project. Wanda and Magellan collectively financed construction of the tower with a $700 million loan. 

The 101-story tower

From top amenities to stylish private extras, Lincoln Park’s newest upscale condo building soars to new heights of luxury. The classically designed building brings new two-, three- and four-bedroom condos to the area.

Buyers can choose from two different stylish hues, encompassing wide plank hardwoods, high ceilings, oversized windows and gracious outdoor living space. New residents can also expect to find walk-in closets and spa-inspired baths.

As for amenities, residents enjoy on-site fitness classes and on-demand housekeeping. As well, you’ll find valet laundry and dry-cleaning services, plus pet services and a 24-hour doorman.

The rooftop adds in space for grilling and lounging while overlooking Lincoln Park. In addition, residents of The Orchard are

If you need anymore proof that 9 W. Walton is one of Chicago’s hottest luxury condo buildings right now, consider the fact that Chicago Cubs right fielder Jason Heyward just unloaded his posh, 19th floor condo inside the building for a cool $7.6 million in just 12 days—a time when the luxury market all over the country, and especially in Chicago, is a little less than robust.

As you’ve probably already read, Heyward first purchased the condo back in 2018 for $6.8 million, which at the time was one of the most expensive homes a Chicago athlete bought outright.

But in a building where other CEOs and high-profile athletes also call home, it’s easy to see what the building itself is also on another level in terms of luxury appeal and desirability.

For those

One Chicago is one of the city’s highest-profile condo developments currently in the works. Having broken ground back in March 2019, construction has been steadily moving along for over a year already and progress on the mega two-tower project is already starting to have a big impact on the surrounding River North neighborhood.

According to reports, One Chicago’s towers will be positioned atop a podium building that will house a brand new Whole Foods Market, a Life Time athletic club, a sprawling 120-foot long dog park, and both above and below ground parking for up to 1,100 vehicles.

Included within the towers will be a whopping 735 rental units and just 77 luxury condos. But what specifically makes the condo residences unique is that they will start on