4 Out of Top 5 Luxury Chicago Condos Sold in February Were Downtown

Living in downtown Chicago is urban living at its finest. It give you the ability to walk to just about any destination you’d like, puts you in the heart of a restaurant scene that ranges from take-out to five-star dining, and is not far from the Magnificent Mile, home of some of the finest stores and shops around.

When I meet with new homebuyers, I’m finding that the walkability factor always ranks high on a homebuyer’s wish list, and downtown Chicago certainly offers it. It’s become a neighborhood coveted place by empty-nesters settling in from the suburbs as well as those moving to Chicago from out of town.

So it is no surprise that 4 out of the top 5 most expensive luxury Chicago condos sold in February of this year were found in or very close to downtown. Here’s a closer look at what the top 5 had to offer:

2430 N Lakeview Avenue Unit 17PH
Original list price: $4.275 million
Sold price: $3.675 million
Located in the Lincoln Park neighborhood, just a few miles from downtown Chicago, this penthouse condo offers 5,600 square feet of renovated space, living more like a single-family residence than a condo–but with more space than most single-family homes. This unit is located in a co-op building, with east-facing views of Lincoln Park and Lake Michigan, a formal library, 3 parking spaces and a meticulous renovation that preserves the charm of the original 1927 space.

77 E Walton St Unit 26F
Original list price: $2.775 million
Sold price: $2.775 million
The Residences at 900 is one of the most spectacular places to live along Michigan Avenue. With nearly 3,500 square feet, this Chicago condo features high-end finishes, floor-to-ceiling windows, amazing views, 10-foot ceilings, oak floors and a lavish spa master bath.

530 N Lake Shore Dr Unit 2900
Original list price: $2.095 million
Sold price: $1.8875 million
Located in downtown Chicago along the famous Lake Shore Drive, this penthouse condo has everything from 180-degree views to 10-foot ceilings to a 300-bottle wine cave and impeccable attention to design and architectural detail. With 3,400 square feet built with rich, Ralph Lauren style, this home also features 2 over-sized, wrap-around terraces, an open kitchen, master suite and custom surround sound package.

340 E Randoph St. Unit 4101
Original list price: $1.899 million
Sold price: $1.675 million
One major feature of downtown Chicago condos is often the views–and this unit has them, with forever panoramas of the lake, Millennium Park, and the city skyline, seen through floor-to-ceiling windows in every room. This home is unparalleled down to the finest details, from the ebony wood media center, natural stone baths and quartz counter tops.

130 N Garland Ct Unit 4705
Original list price: $1.75 million
Sold price: $1.5 million
A three-bedroom stunner, with southeast views of Lake Michigan, Millennium Park, Grant Park, Monroe Harbor and city views from every room. With remote-controlled window treatments, an indoor pool and health club, and parking, this home embodies all of the features coveted in downtown Chicago living.

The great part about living downtown is that there are Chicago condos that offer all of the convenience, space, and features that a single-family home in the suburbs would. But better yet, living in downtown Chicago puts you in the heart of everything you need, from dining and entertainment to recreation and nightlife.

To see what else is on the luxury market in downtown Chicago, contact me at 312-264-5853 or email me at ssalnick@dreamtown.com.

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