River North Real Estate News

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

There are currently 90 blog entries related to this category.

Trump Tower Penthouse Listed For $30 MillionIn case you missed it, the 14,260 square foot penthouse on the 89th floor of Chicago’s Trump Tower officially hit the market last month for a cool $30 million. Not surprisingly, the newly available penthouse is now the highest-priced condo currently on the market.

The current owner, Sanjay Shah, the CEO of Hoffman Estates-based software company Vistex, paid $17 million in cash for the unit back in 2014, which at that time was also just a raw space. According to a report in the Tribune, Shah never actually moved into the space but did finish off the unit with walls and ceilings.

Even with those improvements, the opportunity to make it your own is still there, adding significant appeal to a luxury buyer looking for a truly customized living space.

This

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Close out sale at Three Sixty West condosIn case you missed it, only 3 homes remain at Three Sixty West, one of River North’s premier new construction condo developments.

And to celebrate the near-sell-out, Belgravia, the project’s developer, is offering dramatic close-out savings on all remaining units:

Residence 4A

Featuring 3 bedrooms and 3 bathrooms, unit 3A includes 2,273 square feet of living space and is currently listed for $1,533,900, down from $1,632,900.

Residence 4D

Featuring 3 bedrooms and 3 bathrooms, unit 4D includes 2,396 square feet of living space and is currently listed for $1,572,900, down from $1,676,900.

Residence 2A

Featuring 3 bedrooms and 3 bathrooms, unit 4D includes 2,273square feet of living space and is currently listed for $1,599,900, down from

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What $2 Million Will Buy at One ChicagoRising up high above the city, One Chicago offers elegance and sophistication in an inspirational setting. From its impressive list of amenities to its sensational finishes, One Chicago certainly doesn’t disappoint when it comes to an upscale condo lifestyle in Chicago.

Lavish Interior finishes

The luxury units of One Chicago are outfitted with wide plank engineered hardwoods and a custom stepped ceiling in the main living area. You’ll additionally find things like floor-to-ceiling windows with pre-wired motorized shades, high ceilings and plenty of attention to detail. Other additions include high-end appliances, slab porcelain countertops and a kitchen island with a breakfast bar.

Buyers can expect to find luxury finishes and clean lines throughout

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Ontario Place Condo DeconversionA plan to turn a 51-story River North condo tower into apartments is back up for a vote. Condo owners at Ontario Place recently had the opportunity to let their voices be heard in terms of a nearly $190 million “deconversion” plan.

The plan’s come up for a vote before and been defeated. Last August, owners at Ontario Place rejected a $188 million proposal that would have resulted in turning the condo building into apartments. 

At the time, some of the owners alleged the condo board was trying to improperly push through the building’s sale. The previous vote failed with less than 74-percent approval from owners.

In order to proceed, a city ordinance requires approval from 85-percent of condo owners. More than 22-percent of owners voted against the

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Trump Tower ChicagoIt goes without saying that everybody loves a good deal, and that especially rings true for local real estate investors. As you might have previously heard about or read, bargain shoppers are already in the process of gobbling up units inside any number of Trump buildings scattered throughout the country, including the one right here in downtown Chicago.  

Most are crediting the combination of the COVID-19 pandemic and the former president’s polarizing persona as the driving force behind the incredible price cuts we’re seeing, which are anywhere from hundreds of thousands of dollars to up to a million dollars in some cases. 

According to a recent piece in the Chicago Tribune, some condo values inside Trump Tower Chicago are down 34% since Trump took

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River North LoftsThere are plenty of options and opportunities when it comes to buying a loft in Chicago. But right now, several buildings standout as being top locations to consider heading into the busy spring market.

The Ronsley

For New York-style loft living in River North, you’ll want to take a second look at The Ronsley. The property is home to around 40 lofts, complete with large windows and high ceilings.

Ontario Street Lofts

Found at 411 W Ontario, the Ontario Street Lofts include access to a rooftop deck, fitness center and a bike room. The property currently offers up a number of one-, two-, and even three-bedroom units for buyers to choose from.

Haberdasher Square Lofts

Once the site of a clothing factory, the Haberdasher Square Lofts now

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Luxury lofts ChicagoLooking for the ultimate urban living experience to ring in the new year? Here's where buyers will find some of Chicago priciest lofts heading into 2021...

333 W. Hubbard

Some sophisticated options exist within 333 W Hubbard. Also called Union Square Lofts, the property currently has a couple of million-dollar lofts on the market, as well as some priced even higher than that. The price point offers a large amount of living space, with private balconies and plenty of high-end additions throughout.

The Ronsley

At home in River North, The Ronsley is another impressive option for buyers in this price range. The multi-level units are designed to feel more like single-family homes, with large rooftops and decks for additional living and entertaining

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River North TownhomeA River North townhouse that was once owned by actor Vince Vaughn has once again sold, this time for $1.72 million.  

According to The Tribune, Vaughn owned the residence from 2005 to 2015 and paid $1.42 million for it. Around that same time in 2006, Vaughn also shelled out $12 million for a spectacular, triplex penthouse in the Palmolive Building, one of Chicago’s distinguished vintage high-rises.  

Since Vaughn sold the River North townhouse for $1.4 million in 2015, the property changed hands again in 2018, and most recently back in July after the previous owners renovated the interior. 

The townhouse, which has 4,063 square feet, includes five bathrooms, an attached three car garage, custom millwork, premium kitchen appliances, two wine

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Chicago's most expensive condos for saleLive in luxury at these ultra-luxe condos for sale in Downtown Chicago's hottest neighborhoods.

840 N. Lake Shore #2601

Luxury hits new heights with this full-floor penthouse at 840 N Lake Shore. Unit #2601 offers
8,800 square feet of living space and a large amount of private outdoor space. The home is built for upscale living and entertaining. On the market for $13.5 million, the condo includes six bedrooms, eight baths, a wine cellar and three garage parking spaces.

Lincoln Park 2550 Ph-3

A massive two floor penthouse is situated on the 38th and 39th floors of Lincoln Park 2550. Priced at $13 million, the grand home features large arched windows overlooking Lincoln Park, five bedrooms, a private elevator and an array of other upscale

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One Chicago CondosOne Chicago is one of the city’s highest-profile condo developments currently in the works. Having broken ground back in March 2019, construction has been steadily moving along for over a year already and progress on the mega two-tower project is already starting to have a big impact on the surrounding River North neighborhood.

According to reports, One Chicago’s towers will be positioned atop a podium building that will house a brand new Whole Foods Market, a Life Time athletic club, a sprawling 120-foot long dog park, and both above and below ground parking for up to 1,100 vehicles.

Included within the towers will be a whopping 735 rental units and just 77 luxury condos. But what specifically makes the condo residences unique is that they will start on

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