Chicago Condo Sales in November Were All About Square Footage

With 23 units sold for a total of $51 million, the luxury condo market wasn’t hibernating in November. And the properties that sold all had one major thing in common: square footage. Of the top five Chicago condos that sold, the “smallest” still clocked in at 3,200 square feet and the largest all the way above 5,600 square feet.

It’s also worth noting that the top five buildings and units each have something unique to offer the buyer–whether that’s unbeatable views through expansive windows, a one-of-a-kind design, architectural details or a great floor plan. Three of the top five were also designed by beloved Chicago architect Lucien Lagrange: 800 Michigan Avenue, 180 Pearson and 65 East Goethe.

Here’s a closer look at the top Chicago luxury condos that sold in November:

340 on the Park340 E Randolph St
Original sale price: $5.7 million
List price: $5.2 million
Now this is luxury. This 4,900 square foot penthouse allows for soaring 12-foot ceilings and three outdoor terraces for taking in jaw-dropping views of the lake, Millennium Park, Daley Park and the city skyline below. Other features include a high-end chef’s kitchen with multiple entertaining spaces, master bedroom suite with sitting area and office space, contemporary finishes, electronic window treatments, plenty of closet space and much more.

Chicago real estate at 65 E Goethe65 E Goethe St.
Original sale price: $6.2 million
List price: $4.9 million
A crown jewel in the Gold Coast, this 5,500 square foot Chicago condo spans two levels and overlooks Goudy Park. This is a great unit for an art collector, as expansive wall space was made for a home gallery. The first floor features custom terrazzo flooring, with hardwood on the second floor, and the unit’s floor plan can be adapted to add additional bedrooms or baths. The building itself was designed by famed Chicago architect Lucien Lagrange and offers an on-site concierge for its residents.

180 E Pearson Chicago180 E Pearson St, Unit 3705
Original sale price: $2.799 million
Sold price: $2.745 million
This 3,400 square foot, three bedroom unit in Water Tower Place on Michigan Avenue is one of Chicago’s top luxury buildings, and this unit is in the prime southeast corner, allowing for sweeping views of the lake and city. The unit just went though a complete gut renovation and now showcases the finest finishes and materials with custom cabinetry, wide-plank flooring, electric shades, library, huge closets and plenty of storage. The building offers a wide range of amenities for its residents, including all hotel services from the adjacent Ritz-Carlton Hotel.

Chicago real estate at Park Tower 800 Michigan Avenue800 N Michigan Ave, Unit 5802
Original sale price: $2.8 million
Sold price: $2.7 million
Park Tower is one of the coveted luxury condo buildings in downtown Chicago. Soaring above the city on the 58th floor, this property is like a home in the sky, enhanced by unobstructed views to the east, north and west. The unit spans a generous 3,200 square feet, with two bedrooms, two and a half baths, hardwood floors, limestone fireplace, and gracious, open floor plan to enjoy the stunning views.

333 n canal333 N Canal St, Unit 1002
Original sale price: $2.4 million
Sold price: $2.15 million
Spanning a huge 5,700 square feet, this Chicago townhome overlooks the river, with a private elevator, private entrance and much more. The property itself offers and exquisite master suite with two bedroom size walk-in closets, plus a master bath with infinity tub. You’ll also find four fireplaces, two terraces on the river, two parking spots and storage room. The building itself–located between the Fulton River District and the West Loop–includes a bevy of amenities, including a 24-hour doorperson, valet parking, exercise room and party room.

The great thing about Chicago is that condo living is hardly considered “downsizing” as it might be in other cities. You can find the same square footage, if not more, than you would in a single-family home in the ‘burbs, minus the upkeep of a home and plus a plethora of services and amenities made for the luxury lifestyle.

For more information about the best condo buildings in Chicago, 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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