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 45 blog entries related to this category.

No 9 WaltonIf you’re hoping to get in on one of Chicago’s most prestigious new buildings, time is running out. Only one new construction unit is still available at 9 W. Walton, but this condo is spectacular.

The full-floor unit offers more than 7,000 square feet of living space with the upscale advantage of 360-degreee views overlooking the lake and the city. The property also comes with a massive heated terrace, ideal for sophisticated living and for entertaining.

This stylish space is ready for a buyer right now, and the finishing touches are sure to put it over the top. The space is pre-wired for home automation, plus includes all electric and plumbing work, hardware, doors, cabinetry and more.

The unit also offers up several unique design features from Tom

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The Chicago city housing market cooled in the first quarter of the year, with the city performing much like the suburbs. Of the city’s 77 neighborhoods, sales were down in more than half of them during the first few months of 2019. Local agents have seen homes in some neighborhoods take longer to sell than they did during the same time period a year ago.

Analysts look at three key measures in determining a local market’s vitality. This includes the number of homes sold, the average time homes sit on the market and the median sale price.

In condos and townhomes specifically, no city neighborhoods saw improvements of all three measures during the first quarter of the year. In fact, only two neighborhoods in the Chicago area saw improvement in all three key

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Every condo buyer in Chicago has a budget to work with during his or her quest to find the perfect place, and if yours happens to fall somewhere between $500,000 & $600,000, we have a pretty good idea of where to start looking...

The Bristol

You don’t have to spend more than $1 million to get into The Bristol. Located at 57 E Delaware Place, the Gold Coast property currently offers your choice of a one- or two-bedroom floor plan priced in the $500,000s. The price affords outstanding lake views, high ceilings and plenty of upgrades.

1440 N. Lake Shore

Right on the lakefront, 1440 N Lake Shore enjoys some incredible lake and skyline views. Just minutes from some of the city’s most desirable dining, shopping and nightlife options, the building

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If you're looking for a Chicago condo or apartment with a premium view, buyers aren't just limited to what's on the lakefront. Here's a closer look at a few buildings that lie along the Chicago River that also offer some insane views of the city.

Trump Tower

One of the hottest buildings along the riverfront is none other than Trump Tower. The building features options ranging from studios to sweeping penthouse units with high ceilings and some fireplaces. High-end options at Trump Tower, meanwhile, range from valet parking and full service concierge service to a spa, health club and indoor lap pool.

Wolf Point West

At 46-stories high, Wolf Point West presents some incredible views overlooking the riverfront and beyond. The new River North

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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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