Chicago Real Estate News & Neighborhood Notes

We’ve all heard about Chicago’s robust new construction market and how insane projects like Wanda Vista and Riverline are currently in the works, which will undoubtedly change the city’s already unmistakable skyline. But up on Chicago’s north side, new development is also playing an active role in today’s real estate market, but more so in the form of luxury single-family homes.

According to a recent report, Lakeview is leading the way in teardowns in Chicago, which are essentially residential properties that are completely torn down to make way for a brand new homes. In most cases, the homes that are being torn down are usually fully functioning properties that of course could use some updating, but aren’t necessarily un-livable. But given developers are willing to pay a premium for these already existing homes plus the added cost of the teardown process and construction of a new home, it says a lot about the current state of the market.

Most luxury new construction single-family homes up in neighborhoods like Lincoln Park and Lakeview start at over $1 million, with many of course exceeding $2, $3, or even $4 million. But despite roughly 300 older residential buildings being ripped down over the last five years in Lakeview along, demand still seems as strong as ever, which can only mean good things heading into what should be another great year in the world of Chicago real estate.

For a closer look at some of the North Side’s most expensive new construction homes currently for sale, check out the listings below or give us a call today for more information about new homes anywhere in Chicago!

LUXURY NEW CONSTRUCTION HOMES IN LAKEVIEW AND LINCOLN PARK BUILT IN 2016 OR AFTER

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$7,250,000

2018 N Seminary Avenue, Chicago

5 Beds 8 Baths 7,200 SqFt Residential MLS® # 12743394

New

$6,950,000

3024 N Lake Shore Drive, Chicago

6 Beds 8 Baths 9,100 SqFt Residential MLS® # 12761136

New

$6,950,000

1878 N Orchard Street, Chicago

5 Beds 6.5 Baths 9,512 SqFt Residential MLS® # 12705896

$6,200,000

3630 N Janssen Street, Chicago

5 Beds 7 Baths 8,000 SqFt Residential MLS® # 12763305

$5,695,000

1870 N Burling Street, Chicago

6 Beds 5 Baths 5,500 SqFt Residential MLS® # 12698186

New

$5,600,000

3446 N Bosworth Avenue, Chicago

7 Beds 8 Baths 7,100 SqFt Residential MLS® # 12755007

$5,595,000

441 W Deming Place, Chicago

5 Beds 4.5 Baths 5,664 SqFt Residential MLS® # 12740927

$5,250,000

3523 N Bosworth Avenue, Chicago

7 Beds 8 Baths 7,100 SqFt Residential MLS® # 12619988

$5,250,000

3026 N Lake Shore Drive, Chicago

6 Beds 8 Baths 9,100 SqFt Residential MLS® # 12737336

New

$4,300,000

2119 N Seminary Avenue, Chicago

6 Beds 6.5 Baths 5,200 SqFt Residential MLS® # 12716177

New

$4,200,000

1217 W Montana Street, Chicago

6 Beds 5 Baths 5,200 SqFt Residential MLS® # 12771589

$4,000,000

2719 N Dayton Avenue, Chicago

6 Beds 6.5 Baths 5,200 SqFt Residential MLS® # 12489324

New

$3,499,900

2712 N Magnolia Avenue, Chicago

6 Beds 4.5 Baths 4,300 SqFt Residential MLS® # 12775383

New

$3,495,000

3909 N Hamilton Avenue, Chicago

4 Beds 5.5 Baths 5,500 SqFt Residential MLS® # 12754584

$3,299,990

2714 N Magnolia Avenue, Chicago

6 Beds 4.5 Baths 4,000 SqFt Residential MLS® # 12757125

$2,649,000

3714 N Claremont Avenue, Chicago

4 Beds 4.5 Baths 5,000 SqFt Residential MLS® # 12769566

$2,600,000

3738 N Leavitt Street, Chicago

4 Beds 4.5 Baths 4,600 SqFt Residential MLS® # 12639647

New

$2,495,000

3443 N Oakley Avenue, Chicago

4 Beds 5 Baths 0 SqFt Residential MLS® # 12731200

New

$2,350,000

3541 N Paulina Street, Chicago

3 Beds 4.5 Baths 4,100 SqFt Residential MLS® # 12698952

New Open House

$2,299,999

3041 N Leavitt Street, Chicago

6 Beds 5.5 Baths 4,200 SqFt Residential

Open House

Sat, Oct 10th, 2026 @ 11am - 12:30pm

MLS® # 12769695

New Open House

$1,850,000

2029 W George Street, Chicago

4 Beds 3.5 Baths 4,689 SqFt Residential

Open House

Sat, Oct 10th, 2026 @ 11am - 1pm

MLS® # 12771301

$1,749,900

3051 N Leavitt Street, Chicago

4 Beds 5 Baths 4,200 SqFt Residential MLS® # 12726911

$1,675,000

1743 W Newport Avenue, Chicago

4 Beds 5 Baths 4,200 SqFt Residential MLS® # 12269352