Tagged : Luxury Chicago Homes

While Chicago’s real estate market has been off to a fast start in 2017, the luxury market in 2016 actually cooled off a bit compared to a year prior, at least when it comes to the region’s priciest homes.  

According a recent report from Crain's Chicago Business, just two homes in the six-county Chicagoland region sold for $10 million or over back in 2016, which is down from 6 homes at that price point back in 2015. Even with the dip in ultra-luxury home sales, however, 2,423 homes priced at $1 million or more also sold back in 2016, which is a 2.5% increase compared to 2015. 

As you might expect, top selling suburbs in the luxury category were Hinsdale (144 luxury sales), Winnetka (144 luxury sales), Wilmette (120 luxury sales), Lake Forest (97

A new Gold Coast listing is getting a lot of attention from the local media, but when you see its listed for the cool price of $14.5 million, it's easy to see why. Now the third priciest home on the market in Chicago, 1336 N. State Parkway is a stunning 9,000 square foot Georgian-style mansion that’s been fully renovated from top to bottom.

Originally built in 1914, 1336 N. State Parkway is located adjacent to the onetime Playboy mansion in the Gold Coast, while inside, it offers five bedrooms, five bathroom, four half bathrooms, five fireplaces, a library, a fitness room, and even an at-home movie theater.

According to reports, the current owners bought the property in 2013 for $7.13 million, although as mentioned above, extensive updates and