Hot Buildings for Chicago Luxury Condo Sales in August Were Found in Gold Coast, Lincoln Park

August was a terrific month for condo sales among some of my favorite buildings in the city. One is 30 West Oak,—and judging by last month’s Chicago condo sales, I’m not the only one. This Gold Coast building had the top sales (in volume) in August, totaling $9.6 million.

Another favorite building of mine is the new construction building at 2550 Lakeview, home of the most expensive condo sale last month. 2550 Lakeview (also known as Lincoln Park 2550) boasts the most exquisite lobby and a certain panache you won’t find anywhere else in the city. If you’re looking for a luxury property, I’ve sold many properties in these areas (check out my bio here) and would be happy to personally show you what these sought-after buildings have to offer. Just contact me at ssalnick@dreamtown.com.

Top Buildings for Chicago Condos

So what makes these two buildings so special? With 30 West Oak, the neighborhood itself is surrounded by luxury. It’s just one block from the most exclusive shopping in Chicago—whether it’s a custom diamond ring at Harry Winston, a scarf from Hermes, or a handbag from Tom Ford. The all-concrete building is one of few that features 10-foot ceilings that would be ideal for featuring a major art collection.

The building at 30 West Oak has a boutique feel and a style that would be easily embraced by minimalists. It’s also one of few newer buildings that is near downtown and in the heart of everything Chicago has to offer.

As for Lincoln Park 2550, this new construction building was designed by famed architect Lucien Lagrange and has every bell and whistle a luxury buyer could want. From a ¼-acre private part, to a state-of-the-art fitness facility, a dog run and much more, Lincoln Park 2550 has consistently been one of the hottest properties on the luxury market since the building opened.

While these may have been the most notable addresses sold last month, they weren’t the only ones. Here’s a closer look at the top 5 most expensive luxury Chicago condos that sold:

2550 N Lakeview Ave, Unit S-1306
Original list price: $4.995 million
Sold price: $4.5 million
This custom family residence at one of the city’s most in-demand buildings was the most expensive Chicago condo sale last month. With 5,175 square feet on the 13th floor, this unit has unsurpassed park and lake views with 4 bedrooms, large family/media room, 3 terraces and all the services and amenities you can imagine. The price of this condo also included 2 parking spaces.

30 W Oak St, Unit 22A
Original list price: $3.6 million
Sold price: $3.6 million
This coveted boutique building is iconic, architectural, and in a perfect Gold Coast location. With 4 bedrooms spanning 3,715 square feet, this unit boasts spectacular views of the lake, city and beautiful Oak Street, via 60 feet of south and east panoramic views through floor-to-ceiling windows. A chef would feel right at home in a gourmet Poggenpohl kitchen with Miele appliances, a separate freezer, two sinks, and a wine refrigerator. The master suite closet has a generous 19 x 14 square feet, with solid wood built-ins.

30 W Oak St, Unit 11B
Original list price: $3.15 million
Sold price: $3.3 million
Another beauty at 30 W Oak, this 11th floor 3-bedroom unit offers 3,349 square feet in one of the most high-demand buildings. A boutique building with only 45 units, it’s a rare opportunity to purchase a unit here, putting you near everything from great public schools to upscale shopping, restaurants and nightlife.

60 E Monroe St, Unit 3301
Original list price: $3.5 million
Sold price: $3.2 million
The Legacy at Millennium Park lets residents enjoy the city right outside their front door, from Millennium Park to the Art Institute, to shopping and restaurants within a few short blogs. This 4-bedroom unit was built from 3 combined units and spans the entire eastern side, with unobstructed views of the lake and park. Inside, you’ll find a huge chef’s kitchen, custom cabinets, Miele and Wolf appliances in the kitchen. A huge great room, living room, dining room and master suite provide plenty of additional space, and details like wide-plank floors, electric shades, marble baths and more take this unit to the next level.

270 E Pearson St, Unit 1401
Original list price: $2.8 million
Sold price: $2.8 million
This beauty sold even before the listing sheet made its way off the printer, thanks to its spacious 3,404 square feet, superb location between Michigan Avenue and Lake Shore Drive and building amenities.

Seeing what sold on the Chicago real estate market in the last year is crucial for buyers to gain an insight as to what is selling and at what price. I encourage any potential buyers to get familiar with what sold so they can be better informed when making real estate decisions.

To see more photos and details about the most expensive luxury condo sales sold last month or to get an idea of what’s on the market now, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

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