Tagged : Gold Coast Real Estate

There are currently 9 blog entries matching this tag.

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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When narrowing down that wish list for a new Chicago condo, space is often the last thing home buyers want to sacrifice. The unfortunate reality for many condo buyers, however, is that the extra square footage you so desperately want tends to be the number one factor that drives up how much you'll end up paying.

Bargains for two-, three- and even four-bedroom condos can of course be found all over the city, but for each extra bedroom that’s included in a swanky new downtown condo, the harder it becomes to find a place you like at the price you want.

For obvious reasons, three bedroom condos in Chicago are in very high-demand. Whether you want that third bedroom to use as an office, to use for your kids or to simply use as an extra guest room, having

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Gold Coast Grey StonesWhen it comes to luxury real estate in downtown Chicago, historic brownstones, grey stones, and row homes in the Gold Coast are undeniably among the most expensive properties you’ll find on the market. 

While many of these historic gems were originally built back in the late 1800s and early 1900s, most have since been totally revamped to feature insane interiors, loaded with luxury finishes that rarely leave luxury buyers wanting more. 

As we make our way towards the busy spring season, the market for brownstones and other high-end row-homes in the Gold Coast is actually quite robust right now, providing buyers with a wide range of options to consider. 

The starting price point for a Gold Coast row home right now is $1.5 million, which is the

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Gold Coast Lakefront DevelopmentThe last undeveloped lakefront parcel in the Gold Coast could soon see some action, at least according to a new report from Curbed Chicago. Being proposed is a new eight-story building that could include as many as 58 units, which is significantly different from the original proposal from Draper & Kramer that called for a sprawling 40-story high-rise. That proposal, which as made all the way back in 1997, drew significant resistance among Gold Coast residents and of course failed to materialize into anything concrete over the years.  

But now, the new 58-unit building seems to be gaining strong momentum as it heads to the Chicago Zoning Board for approval this month, especially as new construction condo inventory is still low heading into 2017. 

The

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111 W. Chestnut has been vacant for far too long, and for many Gold Coast residents, its a part of the neighborhood that’s simply been an eyesore. But after years of waiting, it appears construction is about to begin on what should be a very nice addition to what’s already one of Chicago’s most sought neighborhoods. 

Being called the Chestnut Row Homes, Pritzker owned Tawani Enterprises is planning to bring one of a kind 8 stunning new rental row houses (Yes, I said Rental) to the vacant lot over at the southwest corner of Clark and Chestnut Street, which look about as appealing and desirable as it gets for new construction in the Gold Coast.  

Inspired by 1880s era homes, these elegant new residences should blend in seamlessly with the already

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Waldorf Astoria CondosAs first reported by the Chicago Tribune, a lavish, 52nd-floor unit over at the renowned Waldorf Astoria tower in Chicago’s Gold Coast sold for $11.7 million earlier this month, which marks the highest price paid for a Chicago-area home so far in 2016.

The unit that sold first hit the market back in June of 2015, with owners initially asking $13.9 million. An eventual price drop to $12.85 million happened back in March, and now it seems the final purchase price was settled for just under $12 million.

According to property records, the seller first punched the condo back in 2010 for 8.18 million, guaranteeing a profit of just over $3.5 million.

The mega sale at Waldorf Astoria Chicago now beats out a $10.5 million sale of a 300 acre farm out in Lake

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There’s no doubt the home for sale at 924 N. Clark Street in the Gold Coast is impressive. And if you like it, there’s also no doubt you’ll have to pay a premium for it— a premium that is actually $2 million more than was it was previously listed for earlier this year.


A contemporary, 15,000 square foot mansion that has 6 bedrooms, 7.5 bathrooms, and a ton of updates and customizations throughout, 924 N. Clark Street has just be re-listed on the market for a cool $15 million flat.

Originally built back in 1916, you’d certainly never know it from the inside, which has been elegantly and tastefully renovated to include some pretty spectacular finishes. On the property is also a private gatehouse and courtyard, which features a large terrace, a marble

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Gold Coast Lakefront Condos For Sale

Given one of our main areas of focus is the Gold Coast real estate market, it goes without saying that we hold many Gold Coast condo buildings to a higher standard than other buildings across the city, which is especially true for those that sit on the lakefront.

In fact, the real beauty about Gold Coast condos for sale is that not only do units here occupy a place in one of downtown Chicago’s most affluent and historic neighborhoods, but they also offer some of the best unobstructed views of the water that you’ll find anywhere in the city. And if great views are a characteristic that’s especially high up on your wish list, there’s no better place to start your downtown condo search than right here in the Gold Coast.

So while it’s hard to narrow down any

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Back in 2011, Chicago Billionaire Sam Zell purchased 11 E. Walton, what was then known as the Elysian, for $95 million—a record setting per-room price at the time of $505k. Now fast forward roughly 5 years and Zell is looking to sell the 188 room hotel, now known as Waldorf-Astoria Chicago, and is expected to see a very strong return.

In New York, Hilton Holdings is in the midst of selling the Waldorf-Astoria at 301 Park Ave. to Chinese insurance conglomerate Anbang for a reported $1.95 billion, or about $1.4 million per room, and although Chicago real estate prices are nowhere near New York City’s, it’s a clear sign of just how much hotel values have risen in major markets like Manhattan and downtown Chicago.

Because the sale of Chicago’s Waldorf

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