Luxury rentals in downtown Chicago are all about status and prestige. Dozens of high-quality, high-class condo buildings are situated all over the city, but some addresses seem to be a bit more coveted than others by today’s home buyers and renters. Whether it’s the extensive list of first-rate living amenities, the breathtaking million dollar views, or simply because of a building’s recognizable façade and architecture among all the high-rises in Chicago’s skyline—as in the case of the Hancock Building or Trump Tower Chicago—some condo and rental buildings just have more of an “it” factor when it comes to exclusiveness and popularity. So what, exactly, are some of Chicago’s most desirable luxury buildings to call home?
Check out our list of the Top 5
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When it comes to buying a new downtown Chicago condo, buyers not only have to think about exactly what they want in a new home, but also a property’s resale value as well. Nobody knows what the future holds, and while one particular downtown Chicago condo may seem like the perfect fit today, it might just be the next place you outgrow tomorrow. For those who have experience with the Chicago real estate market, it’s probably no surprise to you that some condo buildings in the city tend to hold their value better than others offering what may seem like comparable units. But upon closer examination, there’s almost always a reason why some downtown condo buildings hold a stronger resale value than others across the way. Listed below of several primes example
Today we thought today we’d highlight one of our favorite condominium buildings not just in the River North neighborhood, but in all of downtown Chicago. Although this part of the city is jam-packed with exclusive and luxurious residential buildings, there’s just something about 201 W. Grand that sets it apart from the rest.
In a market like downtown Chicago, there’s always going to be homes, condos and rentals that blow your mind in terms of finishes, amenities and of course…the price tag. Even if you don’t happen to be in the market for a luxury rental and spending more than a few thousand dollars per month seems like something out of a fairy tale right now, it’s always fun to see what’s on the market and maybe dream that one day you too can call one of these luxury properties home.
A triple condo now on the market in the John Hancock Center could soon smash the old record sale price for a unit in the building. The latest offering is a newly redesigned condo that takes the square footage from three condos, forming a new 4,100 square foot home with four-bedrooms, four-baths and a massive, combined space, incorporating the kitchen, dining and living rooms into one L-shaped design.
With the busy fall season approaching, we thought we’d take a closer look at where some of Chicago’s most expensive condos currently on the market are listed, and what each of these lavish and luxurious units have to offer. Not surprisingly, No. 9 Walton, Waldorf Astoria Chicago, and Trump Tower feature the three highest priced condos right now, each boasting a price tag of well over $12 million. Somewhat unexpected, just two condos over at Vista Tower are among some of the Windy City’s 25 most expensive units on the market right now, which is the same number of units you’ll see listed over at The Palmolive in that same category.
One of Chicago’s most desirable and trendy areas, River North capitalizes on its location with a rich selection of desirable real estate. With several luxurious condo buildings, it’s nearly impossible to come up with the best, but three high-end condo towers literally rise to new heights of upscale living possibilities.
Construction has officially wrapped up and apartments for rent at AURÉLIEN are now leasing! As one of the hottest new apartment towers to hit the Gold Coast rental market, Aurélien provides a living experience unlike most buildings found throughout the Downtown landscape.
One of Downtown Chicago’s most expensive condos has been re-listed and is now asking $12.5 million—a reduction of $200,000 off the original asking price of $12.7 million when the unit first hit the market last September.