Chicago Luxury Condo Sales in May Particularly Strong

The summer selling season is moving along extremely well, with sales of Chicago luxury condos hitting a real high last month. In May, 52 units sold for a total of $82.5 million, compared to $69 million in sales during the month prior.

Four out of the top five most expensive sales were in buildings that are always on the top of my list of recommendations for luxury buyers. These buildings all differentiate from the norm, with units that offer 3,000+ square feet and services and amenities that take luxury living to the next level. Each of these buildings are also extremely walkable, with shopping, dining, entertainment and more all within a close distance.

And while these building share many luxury features, they each stand on their own as well. I encourage you to give me a call to discuss the various nuances and amenities that differ from these luxury buildings and see them first-hand. That is by far the best way to understand why these Chicago condos are consistently on the top of the sales lists and why the most discriminating buyers choose them.

In the meantime, here are a few details on those top five most expensive condos to sell in Chicago last month:

Chicago real estate at Park Tower 800 Michigan Avenue800 N Michigan Ave, Unit 8008
Original list price: $3.79 million
Sold price: $3.5 million
Park Tower is an icon along Michigan Avenue, not to mention in the city of Chicago. It’s no mystery why it earned two of the top five units sold last month. This 4,200 square foot r-bedroom is on the building’s 56th floor, allowing for soaring views of the lake, city and dreamy sunsets. Features include loads of storage, huge walk-in closets in the master bedroom, a spacious balcony off of the kitchen and two included garage spaces. Residents of Park Tower can take advantage of all of the luxe hotel amenities offered by the neighboring Park Hyatt.

aquatower225 N Columbus Dr, Unit 8032
Original list price: $3.9 million
Sold price: $3.3 million
The south, east and north exposures of this 78th floor 3-bedroom condo equate to 360-degree views from inside and from multiple wrap-around balconies. The Aqua building is a gem on Chicago’s architectural map, designed by Jeanne Gang in the city’s East Lakeshore neighborhood. Designer-inspired finishes are found throughout this unit, with Gaggenau and SubZero appliances, Snaidero cabinets, controls for audio, lighting and window treatments.

Chicago real estate at Park Tower 800 Michigan Avenue800 N Michigan Ave, Unit 4401
Original list price: $3.2 million
Sold price: $3 million
Another stunner in the iconic Park Tower. This 3,200 square foot, 3-bedroom unit is on the premier “01” tier of the building, on the 44th floor boasting spectacular lake views from every room. Details inside include beautiful millwork with built-in bookcases, wide-plank walnut hardwood floors, a gracious floorplan and a large familiy room that opens up to a terrace.

65 e monroe65 East Monroe St, Unit 4601
Original list price: $2.84 million
Sold price: $2.95 million
This exceptional penthouse was recently designed and built to epitomize luxury real estate in Chicago. Perched high in a southeast corner of the 46th floor, this 4,000 square foot condo captures stunning views of Michigan Avenue, Monroe Harbor, Millennium Park and much more through 10-foot floor-to-ceiling windows. The building itself—The Park Monroe—includes amenities like a lap pool, gym, media room, outdoor Jacuzzi, party room and rooftop terrace.

Chicago condos in Trump Tower401 N Wabash Ave, Unit 53A
Original list price: $3.29 million
Sold price: $2.775 million
This upgraded “A-tier” unit in Trump Tower spans just over 3,000 square feet with 3 bedrooms, 3.5 baths and unbeatable north and east views of the Chicago River and Lake Michigan. Details throughout this unit include a Snaidero kitchen, Miele, Wolf and SubZero appliances, dark Brazilian hardwood floors and three fireplaces, PLUS upgrades like motorized window treatments, a glass wine room, custom storage and state-of-the-art lighting and sound system. The building itself is known for the luxury lifestyle it offers to residents, with a world-class health club and spa, five-star hotel amenities and attentive service from the curb all the way up to your front door.

These buildings, among a few others, are truly the cream of the crop for luxury real estate in Chicago. If you’re in the market for a new condo, I definitely recommend checking these out and would be happy to give you a personal tour. Contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

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