Posted by Leo Clark. on Monday, February 15th, 2016 at 1:53pm.
When you think about luxury real estate in Chicago, neighborhoods like River North and the Gold Coast likely come to mind pretty quickly. But as The Loop becomes more and more residential-friendly, luxury home buyers are also starting to make their way to the heart of downtown Chicago’s commercial core faster than you might think.
Don’t believe us?
As of today, roughly 20 listings are currently on the market in the Loop priced at $1 million and over, which certainly says a lot about where the market currently is, and where it might be heading in the not-so-distant future.
For now, the record sales price for a condo south of the main branch of the Chicago River is $5.2 million, but with luxury inventory increasing and evolving, and with so much high-end development on the way in the nearby South Loop neighborhood, it seems like only a matter of time before we see that record broken.
For reference, a total of 6 condo units north of the main branch of the Chicago River sold for over $5 million within the past 12 months alone. So while luxury real estate in the Loop certainly seems to be on the upswing, the demand for lavish living spaces in neighborhoods like River North, Streeterville, and the Gold Coast certainly isn’t going anywhere any time soon either.
For a look at the top 15 most expensive condos for sale in the Loop right now, check out the listings below, or give us a call today if you’re considering a move to the area!
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Introducing This Exceptional Residence Of Unmatched Distinction Poised High Above Michigan Avenue...
Exquisite Gold Coast Single Family Home Plus Coach House, Blends Ultra Modern Design With Origina...
*** Special Promotion Of $12,500 Buyer Closing Credit For An Accepted Offer By 2-29-2024, Payable...
Enjoy Spectacular Wraparound Views Of Lake Michigan, Millennium Park And The City Skyline From Th...
This Spectacular, Rarely Available 52nd Floor Condo Has Sweeping Southeast Views Of Lake Michigan...
Nestled In The Heart Of Chicago's Historic Gold Coast, This Row Home Is A True Architectural Gem,...
Enjoy Stunning Views Of Lake Michigan, Millennium Park And The City Skyline From This Rarely Avai...
Stunning Ne Corner Residence With Exceptional Panoramic Views Of The Lake, Park And City From Eve...
Experience The Epitome Of Urban Luxury Living In This Exquisite Condominium Nestled In The Vibran...
Discover The Iconic 6 North Michigan Avenue, An Architectural Marvel Located On The Cultural Mile...
Beautiful Hi-floor, Corner 3 Bedroom, 3 Bath Condo With Stunning Views Of Lake Michigan, Millenni...
This Is What You Call Home! Step Into Luxury Living At Its Finest With This Beautiful Corner Uni...
Revel In Chicago's Downtown Cultural Hub, Just Minutes To World Class Museums, Theaters And Resta...
Charming Gold Coast Brick 3 Story Single Family Row Home With Full Roof Deck With Wet Bar And Sky...
Unique And Rarely Available High Floor, 2 Bedroom With Den, And 2.5 Baths. Totally Unobstructed ...