A Closer Look at Chicago’s Luxury Condo Prices in Early 2018
Posted by Leo Clark. on
It’s a mixed bag for luxury condo prices in Chicago right now. While some buildings are selling for a higher price per square foot, others are down in price.
Perhaps one of the biggest names right now is Trump, and reports suggest the condos at Trump International Hotel & Tower are among those down in price. According to some published reports, the sale price per square foot within the Chicago River tower was down about 12-percent from 2016 to 2017. In comparison, reports list the average sale price per square foot in 340 On the Park, located in Lakeshore East, up about 12-percent during the same time period.
While some brokers suggest it could be a reflection of the Trump presidency, others suggest increasing completion from newer construction, luxury…
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In what’s been dubbed the most expensive home sale ever for the Chicago area, a local billionaire just paid $58 million for the top four levels of a new condo building on the city’s Near North side. Located at 9 W Walton Street, the building’s perhaps better known as No 9 Walton. 
The area around Downtown Chicago is certainly booming, and three new construction condo developments only add to the appeal.
The vibrancy of the West Loop is only complimented by some of its residential options. If you’re in the market for a luxury loft, you’re sure to find a number of great selections in this part of Chicago.
From its treasured museums to its luxury housing, the South Loop is filled with opportunity. The top upscale condo towers in the area right now certainly live up to the reputation.
Long considered one of Chicago’s most affluent neighborhoods, the Gold Coast also rightly contains some of the most expensive listings currently on the market. Filled with historic properties, designer boutiques and upscale restaurants, the area is also known for its ultra-luxurious real estate.
With just a few days left in the year, a Chicago area mansion sets a new record sale price for 2017. Previously owned by philanthropist Ann Lurie, the sprawling Gold Coast home reportedly just sold to its neighbor, the Latin School of Chicago.
As we embark on a brand new year, new details are forming on some of the West Loop’s most expensive new listings. Among the priciest is a more than $5.67 million dollar penthouse unit within 900 West.
The New Year is almost here, and some of Chicago’s top new construction developments of 2017 are ready to usher in 2018 in a big way. Here's a quick look at just a few of our favorite new developments that officially kicked off sometime over the past year:
As many of us begin making our New Year’s resolutions, for some that means a change in the place we call home. If you’re in the market for a luxury Chicago apartment, we’ve discovered three clear favorites heading into 2018.