As City Moves into International Market, Chicago Real Estate Could Get a Boost

Chicago is home to many notable and successful companies, from Boeing to Hyatt Hotels to the Chicago Board of Trade. But one young Chicago company is quickly joining the ranks of big-name business: Groupon. As the deal-buying site continues to expand and become known around the globe, that could certainly change the face of Chicago real estate, particularly in the luxury market.

The Wall Street Journal last month reported that Groupon was preparing to begin its group deal-buying operations in China—no small feat, as the country has 450 million internet users. This international expansion alone contributes to Chicago becoming a major player in the international marketplace, and more international executives and business people will be exposed to Chicago itself.

A boost for Chicago real estate
So what does that exposure mean for real estate? Chicago has become one of the most sophisticated cities in the United States, offering a lifestyle that is unmatched in other urban areas. That lifestyle includes having around-the-clock concierge services, having everything you need close by, and being in the heart of a city that has everything to offer in terms of entertainment, dining, culture, and much more.

A number of Chicago real estate options provide this coveted lifestyle that is sought out by executives and international business people. With the prospect of Groupon’s growth and Chicago’s exposure, here are a few things that Chicago and its real estate options have to offer those in search of a posh lifestyle:

Concierge services: Many luxury Chicago condos offer everything from in-home catering to event planning to housecleaning, pet-sitting and more. The Ritz-Carlton Residences on Michigan Avenue are slated to include the ultimate concierge services for its residents; services that are simply a part of the Ritz-Carlton lifestyle. This luxury building stresses that its residents will experience “seemingly endless ways in which your needs are both anticipated and met.”

Privacy: Even in the center of an urban metropolis, plenty of condos feature incredible privacy among the units themselves. Chicago new construction building 50 E. Chestnut offers only one unit per floor, with just 34 residences in the building. This and other luxury buildings like Trump Tower and the Ritz-Carlton Residences have staffs that are trained to handle situations among their residents with the utmost discretion and professionalism.

Amenities: This particular way of life that luxury Chicago real estate has to offer means everything is at your fingertips: a world-class spa, generous event space, state-of-the-art exercise facilities and more. Many buildings are designed to have everything you need just a few floors away.

Culture and entertainment: Real estate aside, Chicago boasts a world-class symphony, award-winning theater productions and one of the best museums in the country. Better yet, many entertainment options are within close range of Chicago real estate buildings, making it easy to get around and enjoy frequently.

Chicago real estate as a way of life
A surge in the Chicago business market would no doubt affect the city’s real estate market, putting many luxury condo buildings in the spotlight. And when it comes to luxury Chicago condos, many options in Chicago put much more than a roof over your head. Many buildings offer a way of life and contribute to making residents’ lives easier and more efficient.

Each building is unique and can cater to the lifestyle of top-level professionals and executives. To learn more, contact me at 312-264-5853 or by email at ssalnick@dreamtown.com.

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