Another Record Month for Chicago Luxury Home Sales in December

Sales in the Chicago luxury real estate market continued to defy expectations over the holidays. Single-family home sales were on a tear through the cold winter weather and the business of the holidays, with 50, $1 million-plus homes sold.

Eight of those homes were actually sold over the $3 million mark. And rather than go over the top five most expensive homes sold last month, I’d like to take a closer look at those top 8 sales to provide the nuances of what is happening on the market. It’s important for buyers to have a clear idea of the features and different aspects of high-end sales to give you an expectation of what the market will look like when you’re considering a home purchase.

And there was one important name found among those top 8: Lincoln Park. This sought-after neighborhood reigned supreme among last month’s single-family home sales, with a whopping 7 of the 8 having a Lincoln Park location.

Top Chicago Luxury Homes to Sell in December

Here’s a detailed look at the top properties sold last month and what each had to offer:

701701 N Kingsbury Street
Original list price: $4.25 million
Sold price: $4.025 million
The only home out of the top 8 not in Lincoln Park, but instead in the heart of River North on a coveted corner lot. Immaculate and recently renovated, this home features over $1.2 million in custom finishes and now features an in-home elevator, home movie theater, a 60-foot spiral staircase, a 1,000+ square foot master suite and a 700-square foot terrace.

19051905 N Burling St
Original list price:
$4.190 million
Sold price: $3,987,500
Magnificence best describes this 7,000-square foot 7-bedroom home on an oversized lot in Lincoln Park. Burling Street is one of this neighborhood’s most esteemed blocks, home to rows of “McMansions” and some of the city’s elite. This home features everything from a grand staircase to a 4-stop elevator to skyline views from two roof decks.

37443744 N Wayne Ave
Original list price:
$3.595 million
Sold price: $3,513,966
The extra-wide lot size (35 feet compared to the standard 25 feet) allows for 6,500 square feet, six bedrooms and an ultra-spacious interior. Ceilings reach up 13 feet, over a dramatic elliptical staircase, chef’s kitchen and great room, and multiple entertainment areas.

19031903 N Howe St
Original list price:
$3.595 million
Sold price: $3.415 million
Designed by Cannon Frank, this home is a significant piece of architecture in the coveted Lincoln Park. There is an unprecedented level of upgrades, details and features, including a dramatic entry, 11.5-foot ceilings, 4-inch walnut floors, custom built-ins, smart home automation, roofdeck and skyline views and a jaw-dropping glass conservatory on the penthouse level.

18381838 N Hudson Ave
Original list price:
$3.595 million
Sold price: $3.375 million
Fitted with 5,800 square feet and 5 bedrooms, this spectacular home in Lincoln Park is brand new construction on a prime block. On the outside, this masonry home showcases a limestone façade on the outside and plenty of luxurious details on the inside: a stunning chef’s kitchen with custom cabinetry, a master suite, 2 decks on the top floor, total home automation and three gas fireplaces.

19211921 N Dayton St
Original list price:
$3.295 million
Sold price: $3.295 million
This new construction property in Lincoln Park was built by Savane Properties to feature everything a luxury buyer is looking for: refined finishes, a superb floor plan, designer custom chef’s kitchen with commercial-grade appliances and a spectacular master suite. While the home was mostly complete, the buyer still had some leeway to work with the builder to customize it to their liking. It’s also important to note that, despite the upper-end price tag, this buyer paid cash for their new home.

19271927 N Cleveland Ave
Original list price: $3.595 million

Sold price: $3.275 million
This spacious 6-bedroom home in Lincoln Park offers 6,400 square feet over a spacious floorplan that welcomes abundant natural light throughout. This home includes 2 laundry rooms, walnut floors, and elevator with access to all floors, a DeGiulio kitchen and a number of outdoor spaces: a patio with fireplace, three terraces and a roof deck over the garage. The East Lincoln Park location is just a short walk from parks, the Lincoln Park Zoo, Lake Michigan and shopping and fine dining.

19061906 N Burling St
Original list price:
$3.59 million
Sold price: $3 million
This Lincoln Park mansion stretches over 7,525 square feet with a stunning French architecture design. The features within the home’s 3 floors include 9 natural stone fireplaces, 2 decks with skyline views off of the penthouse room, a chef’s kitchen, a master suite and spa bath that’s dressed to the nines, a grand staircase and a paved patio with an outdoor kitchen and shower.

For more information on these Chicago luxury homes or to see what’s on the market now, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

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