August 2018

There are 7 blog entries for August 2018.

Luxury Condos in River North Under $1 MillionRiver North is unquestionably where you'll find some of Chicago's hottest nightlife, trendiest restaurants and eateries, and of course plenty of luxury homes and condos. And if you're looking for a style and sophistication in a new place but still don't want to break that million dollar threshold, several buildings come to mind that may just be the perfect fit.

55 E. Erie

Just a short block from the Magnificent Mile, 55 E Erie provides a prestigious address and luxurious residences. While its possible to find a large unit at a higher price point, you can still buy luxury in this building with some two-bedroom plans for under $1 million.

Trump Tower Chicago

With a prominent name, Trump Tower Chicago celebrates a sophisticated setting and

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A sprawling, 8,000 square foot mansion in Chicago’s Lincoln Park neighborhood just sold this month for a whopping $11.9 million, making it the highest price paid for a home in Chicago since 2017.

Sold by Conrad and Elizabeth von Peterffy, the two-story estate was only just built between 2011 and 2013, and its footprint on three oversized lots truly makes it one of the more remarkable single-family homes in all of Chicago.

As reported by the Tribune, the home includes six bedrooms, six full bathrooms, two powder rooms, two fireplaces, a lavish master suite that includes a sitting room and white marble bathroom, a classic wood-paneled study, a 1,000 bottle wine room, and certainly a whole lot more.

Outside, you’ll find a 39-foot terrace, a formal garden, a

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Chicago New Construction CondosThe busy fall season is right around the corner and if you're looking for a new construction condo inside a boutique-style building, we have several locations in mind that might just be the perfect fit...

1550 N. Clark

Also known as FifteenFifty on the Park, the elegant building at 1550 N Clark is definitely worth another look. The property provides room for indoor parking, a fitness center and a clubroom, along with around 30 luxury condos in a contemporary design.

56 W. Huron

Another property not to miss is at 56 W Huron. With room for only ten full-floor residences and a duplex penthouse, the property also allows for private elevator entrances and plentiful upgrades throughout.

2643 N. Hermitage

Set in Lincoln Park, 2643 N Hermitage

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River North Condos Under $250,000Although the Chicago rental market is thriving and young professionals are still leaning towards renting rather than buying right now, plenty of great options are available for first-time home buyers still entertaining the “scary” idea of home ownership. Additionally, for those already working or spending a lot of time in the downtown area, there may be no better time than right now to invest in a long(er)-term housing solution while interest rates are still low and prices are still somewhat favorable to buyers actively searching the market.

If you’re considering buying a downtown Chicago condo but are working with a budget of around $250,000, River North, one of the hottest and trendiest locations in all of downtown, has some exceptional options that

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Old Town ChicagoOld Town is one of Chicago's most desirable neighborhoods. But finding something that won't break the bank there is often easier said than done. Luckily for you, however, we've already helped jump start your search by taking a closer look at where you'll find some of the best locations to look for Old Town condos under $400,000.

230 W. Division

With more than 80 private residences and deeded parking available, 230 W Division presents an ideal option for buyers searching in Old Town. The location includes options in both one- or a two-bedroom floor plans for under $400,000.

1553 N. Wells

A similar price point opens the door to living at 1553 N Wells. The building includes such options as a one-bedroom, one-bath unit for under $400K.

1546 N.

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Ritz Carlton Chicago Only a few cities in the U.S. have a street or a roadway that’s famous or well-known to people outside of that specific region. In New York there’s Madison Avenue and Broadway, Beverly Hills has Rodeo Drive, and here in Chicago, Michigan Avenue and Lake Shore Drive are certainly the two that stand out most.

Living alongside Lake Shore Drive certainly has an appealing quality because of the breathtaking, unobstructed water views, but if you’re lucky enough to have an address somewhere on the section of Michigan Avenue that’s dubbed the Magnificent Mile, chances are your building has a prestigious reputation that can really only be found in a big city atmosphere.  

Some of Michigan Avenue’s more prominent condo buildings include 800 N. Michigan

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1400 Lake Shore ChicagoA New York-based firm recently offered $111 million to residents of 1400 N. Lake Shore Drive in hopes of converting the condominium tower into apartments, according to a recent report from Crain’s. Although the offer would have been the highest-priced condo de-conversion deal ever in Chicago, condo owners rejected ESG Kullen’s offer.

As noted by Crain’s, 75 percent of building ownership needed to vote in favor of the sale for the offer to be accepted, but a final tally of 74.6 percent of ownership came up just short for any deal to move forward.

The offer would’ve paid owners nearly $410 per square foot, which is a significant jump from recent sales that saw just $300 a square foot.

Investors paying big money for condo buildings with plans to

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