Gold Coast Real Estate News

Information about Gold Coast real estate news. Read about everything happening around the Gold Coast, including new construction updates, market tidbits, and anything that relates to commercial and residential real estate in the Gold Coast. Also start browsing active Gold Coast real estate for sale, or contact Gold Coast Realty for help with your home or condo search around Downtown Chicago.

There are currently 41 blog entries related to this category.

No. 9 Walton has been one of downtown Chicago’s hottest buildings over the past couple years, and some of the Windy City’s premier celebrities and CEOs have all purchased a unit inside the building since construction wrapped up last year.

According to a recent report from The Real Deal, the building’s newest buyer is John Groetelaars, CEO of Chicago-based hospital bedmaker Hill-Rom Holdings.

As mentioned by The Real Deal, the unit was purchased from a trust for nearly $3.5 million and has right around 2,700 square feet of total living space. The Tribune also ran a story that the 3-bedroom, 3.5 bathroom condo was purchased directly from JDL Development and was originally listed for $3.65 million back in November.

With so much interest in the building, some

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Chicago celebrities Bill and Giuliana Rancic have sold their 19th century brownstone on Bellevue Place, according to a recent report from Crain’s. The television personalities and co-owners of RPM Steak and RPM Italian first listed the 7,200 square foot home back in March for $6.8 million, and later reduced that asking price to just under $6 million.

The new buyer, who is still unknown at this point, has apparently paid $5 million for the property, or right around 73 percent of the original asking price.

As noted by Crain’s, the Rancic’s paid $2.15 million for the Bellevue Place property back in 2013 and have since done extensive renovations, which included adding onto the home, which as mentioned, now includes 7,200 square feet.

Not surprisingly, the

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The luxurious new Chestnut Row Homes are now officially move-in ready, wrapping up what was reportedly a four year development process. Designed by Chicago-based Booth Hansen Architects, the impressive collection of seven Italianate-style row homes are located at the southwest corner of Clark and Chestnut, putting eventual residents right in the heart of Chicago’s desirable Gold Coast neighborhood.  

Each residence features a traditional, limestone exterior, allowing the project as a whole to blend in perfectly with all the historic Gold Coast architecture that’s so prominent throughout the neighborhood. 

Inside, each Chestnut Row Home offers spectacular finishes throughout, including rich walnut flooring, ornate fireplaces, spa-quality bathrooms,

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If you're looking for a lavish and luxurious living space but also tired of browsing the same old listings, here are 3 ultra high-end condo towers that feature a penthouse unit that JUST hit the market. 

The Fordham 

Enjoy sweeping 360-degree views of the city, with a penthouse that just hit the market at The Fordham. This spectacular property offers nearly 6,500 square feet of living space, including a chef’s kitchen, a massive master suite, a private garage and two oversized terraces. 

The Legacy

Just as incredible, spectacular views overlooking Lake Michigan, Michigan Avenue and Millennium Park can be found at The Legacy. A newly listed penthouse unit in the building offers a new buyer the exclusivity of an entire full floor of living

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Although Chicago’s rental market tends to cool down towards the end of summer, great deals on luxury apartments and condo rentals can certainly be found all over town, which of course means right here in the Gold Coast. So if you’re still looking for a change of scenery before the turn of the calendar, here’s a quick look at where to rent in the Gold Coast this autumn season…

1201 N. LaSalle

One great option for renters is at The Sinclair. Located at 1201 N LaSalle, the building offers floor plans ranging from studios to three-bedroom units and plentiful amenities. Right now new renters are being offered one-month free on a 13-month lease or longer.

111 W. Maple

Another good choice is at 111 W Maple. Available right now, the building offers

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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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65 E. Goethe Condos For SaleOne of the biggest annoyances home buyers face when searching for a new home or condo in Chicago is scanning over the same property listings over and over again. In a slow market when inventory is down and not much is coming up for sale, this frustrating problem seems to be a bit more magnified than usual, but when things are hot, checking out home listings on a daily basis is absolutely critical, as you never know how quickly new listings will ultimately sell.

Rentals in downtown Chicago always seem to move quickly no matter the state of the market, and in the past 12-18 months, we’ve also seen a variety of condos, townhomes, lofts, and single-family homes for sale all throughout the Chicago area sell rather quickly as well. Unfortunately for home

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While every condo buyer has his or her own wish list of needs and wants, many in Chicago often have views of Lake Michigan somewhere near the top of their list. And while you’ll most likely have to pay a premium for a jaw dropping views of the water, some lakefront condo buildings in Chicago don’t always require an equally jaw dropping budget. Don’t believe us?

See for yourself….  

3180 N. Lake Shore 

The mid-century building of 3180 N Lake Shore is known for its great amenities and great views, with many units recently renovated. This includes the option of some cozy one-bedroom condos, with most priced under $400,000. 

1440 N. Lake Shore 

It’s possible to find a one-bedroom priced in the low $300,000s within 1440 N Lake Shore. This

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Gold Coast Brownstones For SaleUpscale townhomes, vintage brownstones and historic rowhomes are among the hottest, and most expensive, property-type in Chicago’s affluent Gold Coast neighborhood. When it comes to these landmark homes for sale, home buyers spare no expense to secure what’s essentially the home of their dreams in a downtown Chicago location that’s all about status and exclusivity. Many of these homes were originally built in the late 1800s and have since been updated to offer the perfect blend of modern amenities and old-fashioned charm. The architecture is magnificent and the interiors are as luxurious as any available real estate in all of Chicago. So where’s the best place to start searching these Gold Coast brownstones for sale and other high-end vintage properties?

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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

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