Chicago Real Estate News & Neighborhood Notes

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 plenty of extra space certainly has its advantages.

But if you’re searching downtown neighborhoods like Streeterville, River North or the Gold Coast, three-bedroom condos don’t usually come cheap. Right now, only 2 three-bedroom condos in such neighborhoods are priced under $400,000 and some of the more higher-end condos are listed for well over $1 million. But if it’s a three-bedroom condo in downtown Chicago you have to have and your budget may not be unlimited, here’s a quick snapshot of what you can expect. Listed below are 20 of the cheapest three-bedroom condos in popular downtown neighborhoods like Streeterville, River North and the affluent Gold Coast community. And if you like what you see, be sure to give Gold Coast Realty a call at (312) 280-9600 to schedule a private showing today!   

SEARCH 3-BEDROOM CONDOS FOR SALE IN CHICAGO BELOW:

Search Downtown Chicago Three-Bedroom Condos:, Over $1,000,000

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• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
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• $900,000 - $1,000,000
• Over $1,000,000

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$1,999,000

↓ $73,000

850 N Lake Shore Drive 205, Chicago

3 Beds 2.5 Baths 3,794 SqFt Residential MLS® # 12479877

$2,225,000

55 W Delaware Place 1120, Chicago

3 Beds 4.5 Baths 5,500 SqFt Residential MLS® # 12741185

$2,250,000

403 N Wabash Avenue 12b, Chicago

3 Beds 3.5 Baths 2,517 SqFt Residential MLS® # 12561047

New

$2,250,000

415 E North Water Street 2805, Chicago

3 Beds 3 Baths 4,705 SqFt Residential MLS® # 12744448

New

$2,275,000

111 E Chestnut Street Ph-ab, Chicago

3 Beds 3 Baths 2,600 SqFt Residential MLS® # 12753365

$2,350,000

333 W Hubbard Street 1006, Chicago

3 Beds 4 Baths 5,020 SqFt Residential MLS® # 12664153

$2,350,000

↓ $150,000

401 N Wabash Avenue 59a, Chicago

3 Beds 3.5 Baths 3,080 SqFt Residential MLS® # 12646153

$2,350,000

↓ $100,000

401 N Wabash Avenue 86d, Chicago

3 Beds 3.5 Baths 3,000 SqFt Residential MLS® # 12690510

New

$2,375,000

77 E Walton Street 24a, Chicago

3 Beds 3.5 Baths 3,834 SqFt Residential MLS® # 12776993

$2,395,000

↓ $100,000

840 N Lake Shore Drive 201, Chicago

3 Beds 3.5 Baths 3,985 SqFt Residential MLS® # 12577539

$2,399,999

118 E Erie Street 37h, Chicago

3 Beds 3.5 Baths 3,661 SqFt Residential MLS® # 12723162

$2,490,000

401 N Wabash Avenue 67e, Chicago

3 Beds 4 Baths 3,102 SqFt Residential MLS® # 12634543

$2,595,000

401 N Wabash Avenue 38a, Chicago

3 Beds 3 Baths 3,437 SqFt Residential MLS® # 12761722

$2,675,000

45 E Cedar Street 200, Chicago

3 Beds 3.5 Baths 3,000 SqFt Residential MLS® # 12331403

$2,690,000

↓ $110,000

401 N Wabash Avenue 43a, Chicago

3 Beds 4.5 Baths 3,948 SqFt Residential MLS® # 12624205

New

$2,775,000

333 W Hubbard Street 701, Chicago

3 Beds 3.5 Baths 3,200 SqFt Residential MLS® # 12757501

$2,789,000

↓ $210,000

435 N Michigan Avenue 2004, Chicago

3 Beds 3.5 Baths 3,505 SqFt Residential MLS® # 12725595

New

$2,850,000

800 N Michigan Avenue 4201, Chicago

3 Beds 2.5 Baths 4,200 SqFt Residential MLS® # 12777451

$2,897,747

180 E Pearson Street 7203, Chicago

4 Beds 3.5 Baths 3,320 SqFt Residential MLS® # 12701195

$2,900,000

65 E Goethe Street 3w, Chicago

3 Beds 3.5 Baths 4,390 SqFt Residential MLS® # 12651986

$2,900,000

435 N Michigan Avenue 401, Chicago

3 Beds 3.5 Baths 2,900 SqFt Residential MLS® # 12742789

New

$2,950,000

460 W Superior Street 4-5, Chicago

3 Beds 4.5 Baths 6,400 SqFt Residential MLS® # 12766498

$2,995,000

↓ $105,000

435 N Michigan Avenue 1803, Chicago

3 Beds 3.5 Baths 3,390 SqFt Residential MLS® # 12600975

$2,995,000

840 N Lake Shore Drive 1801, Chicago

3 Beds 3.5 Baths 4,308 SqFt Residential MLS® # 12721318

$3,000,000

415 E North Water Street 3205, Chicago

3 Beds 4 Baths 9,279 SqFt Residential MLS® # 12341284

$3,000,000

180 E Pearson Street 5601, Chicago

3 Beds 3 Baths 3,300 SqFt Residential MLS® # 12709944

Open House

$3,175,000

435 N Michigan Avenue 1801, Chicago

3 Beds 3.5 Baths 3,374 SqFt Residential

Open House

Sun, Oct 25th, 2026 @ 12:30pm - 2:30pm

MLS® # 12192315

$3,195,000

132 E Delaware Place 6206, Chicago

3 Beds 3 Baths 2,750 SqFt Residential MLS® # 12745959

$3,200,000

55 E Erie Street 5302, Chicago

3 Beds 3.5 Baths 4,200 SqFt Residential MLS® # 12755318

New

$3,250,000

800 N Michigan Avenue 4801, Chicago

3 Beds 2.5 Baths 4,200 SqFt Residential MLS® # 12634613

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Tags

• River North Real Estate (16)
• Gold Coast Real Estate (9)
• Streeterville Real Estate (5)
• Downtown Chicago Condos (2)