Chicago Real Estate News & Neighborhood Notes

Although Chicago’s Gold Coast is packed with some of the most expensive real estate you’ll find in the city, there’s also lots of affordable condo options for those with a bit tighter of a budget. The Gold Coast is an attractive and popular neighborhood for a variety of reasons, and it shouldn’t be a huge surprise that so many locals want to call this part of Chicago home. World class shopping lines nearby streets like Michigan Avenue and Oak Street, while fine dining, fun-filled entertainment, and vibrant nightlife are also prevalent throughout the entire community.

Depending on your budget, and what you’re willing to sacrifice, plenty of 2-bedroom Gold Coast condos are currently on the market for under $300,000—and believe it or not, some of these

When browsing the local Chicago real estate market for great deals, it’s not uncommon for home buyers to seek out active short sales currently listed to find the best prices. And contrary to popular belief, it’s certainly not uncommon to find stunning luxury properties listed as short sales, which can ultimately make for a smart and savvy real estate investment for high-end home buyers looking for more than just a place to call home.

Some statistics have shown that homeowners with mortgages of more than $1 million have defaulted almost twice the country’s national rate over the past couple years, and if you’re in buying mode and in the position to afford an upscale luxury property here in Chicago, a short sale may be the route to take if finding a

When it comes to buying a new downtown Chicago condo, buyers not only have to think about exactly what they want in a new home, but also a property’s resale value as well. Nobody knows what the future holds, and while one particular downtown Chicago condo may seem like the perfect fit today, it might just be the next place you outgrow tomorrow. For those who have experience with the Chicago real estate market, it’s probably no surprise to you that some condo buildings in the city tend to hold their value better than others offering what may seem like comparable units. But upon closer examination, there’s almost always a reason why some downtown condo buildings hold a stronger resale value than others across the way. Listed below of several primes example

There is no denying that River North has transformed into one of Chicago's trendiest and most desirable neighborhoods. Like other areas, this was once nothing more than an industrial district, filled with warehouses. Today, fine dining, boutiques, art galleries, and high-end real estate properties have taken over. Of course, some of the most coveted residences are found within the walls of River North's high-rises.

• Superior 110 - Imbued with unwavering quality, the condos in this 27-story glass tower will take your breath away. Floor-to-ceiling windows, designer fixtures, wood floors, and Jacuzzi tubs are just a few thoughtful features to look forward to. Superior 110 offers a 24-hour doorman, fitness center, high-tech alarm system, heated parking,

If you’re working within a budget, you can still find some great choices in the West Loop. Some of the top loft buildings in the area offer options under $600,000.

1000 W. Washington

This includes the available units of 1000 West Washington Lofts. The property delivers loft-style homes, each with its own unique design. Many of the homes additionally feature high ceilings, exposed brick and beams, plus a price point under $600,000.

1040 W. Adams

Another place to search is 1040 W Adams. The No Ten Lofts are just steps away from some of the area’s best restaurants and attractions. This converted warehouse and factory houses more than 200 loft condos, ranging from studios to three-bedroom designs.

933 W. Van Buren

Finally, other options

When narrowing down that wish list for a new Chicago condo, space is often the last thing home buyers want to sacrifice. The unfortunate reality for many condo buyers, however, is that the extra square footage you so desperately want tends to be the number one factor that drives up how much you'll end up paying.

Bargains for two-, three- and even four-bedroom condos can of course be found all over the city, but for each extra bedroom that’s included in a swanky new downtown condo, the harder it becomes to find a place you like at the price you want.

For obvious reasons, three bedroom condos in Chicago are in very high-demand. Whether you want that third bedroom to use as an office, to use for your kids or to simply use as an extra guest room, having

When it comes to residential real estate, Streeterville consists mainly of towering high-rises that house some of Chicago’s most expensive homes currently on the market. From lavish rentals with upgraded interiors to extravagant condominiums with sprawling city and lake views, Streeterville is definitely where you want to be if living high-in-the-sky seems to be your idea of the perfect downtown Chicago residence.

So with so many different options and stylish buildings to choose from, just which Streeterville addresses are considered the priciest? To answer that question, take a closer look at the buildings featured below, which hold some the neighborhood’s most expensive condos currently listed on the MLS:

Ritz Carlton Residences

Conveniently

For whatever reason, the New Eastside seems to be one of the more lesser-talked about downtown neighborhoods, even despite offering a wide-variety of luxury condos that have everything you could want in a new place to live, But believe it or not, it’s still possible to purchase a fabulous new condo there for under $500,000, especially if you start your search at these top 3 buildings....

450 E. Waterside- The Chandler

One place to start your search is The Chandler. The condos located at 450 E Waterside are part of a 35-story tower, with around 300 luxury condos to choose from. While the beautiful views and sensational details can cost well upwards of $1 million, it’s still possible to find a one-bedroom condo in the building for less than half that

If you’re not quite ready to buy or perhaps only plan on living in downtown Chicago  temporarily, there’s hardly a shortage of luxury condo buildings to choose from that offer exceptional living spaces for rent. But if you’re someone who truly requires the best of the best, here’s a quick look at what we consider 3 of the most luxurious places to rent in 2018:

Aqua Chicago

Undeniably one of downtown Chicago’s most distinct condo towers, at least from a design aspect, Aqua also sits just off the riverfront in the city’s ultra-luxe urban playground known as the New Eastside. Look for Aqua condos for rent to offer insane views, roomy layouts, and insanely huge balconies that are great for entertaining and impressing anyone you have over.

Trump Tower

Another luxury condo has been moved over at Trump Tower, according to a new report out from the Chicago Tribune. The buyer, entrepreneur and philanthropist Richard A. Chaifetz, has apparently shelled out $9.4 million for the four-bedroom, 6,850 square foot unit, which occupies about half of the building’s 87th floor.

The transaction is particularly noteworthy because it represents the second-highest price paid for a condo inside Chicago’s lavish Trump Tower, following only the $17 million Dubai-based business tycoon Sanjay Shah paid for his full-floor penthouse on the building’s 89th floor.

As noted by the Tribune, Chaifetz’s condo features four-and-a-half bathrooms, floor-to-ceiling windows, custom built-ins inside each of the four bedrooms, a