Luxury Condo Chicago Sales in Chicago Lower For March

Although luxury condos didn’t move as quickly as they have in recent previous months, sales in March did not disappoint, with 6 sales that exceeded $2 million and went all the way up to $4.65 million. There were just 8 luxury sales total (those units sold for more than $1 million) but total sales volume was $46 million.

As far as trends go, it’s no surprise that last month’s sales were concentrated among well-known buildings with hotel-grade amenities and coveted locations in downtown Chicago and the Gold Coast. Two of the top 5 sales were located in the Park Hyatt at 800 Michigan, which is an amazing location on the Magnificent Mile and offers residents all of the services and amenities of the Hyatt Hotel next door.

Here’s a closer look at each of the top five sales and the features that landed them on this month’s top sales report:

132EDelaware132 E Delaware Pl, Unit 6308A
Original list price:
$5.125 million
Sold price: $4.65 million
The month’s most expensive sale was this rare offering high above the Four Seasons Hotel in Chicago’s Gold Coast. This contemporary penthouse duplex is one of a kind, offering 300-degree breathtaking views of the lake and city. A sweeping, stainless steel-and-glass staircase is the centerpiece to the home, with a dramatic open living space, soaring ceilings and 22-foot windows to take it all in. This Chicago condo is built for entertaining, whether a grand scale event or small, intimate gatherings. Smart home technology allows for control of the climate, window shades, lighting and music with the touch of a button. Residents of 132 E Delaware have access to all of the lavish amenities offered by the hotel, including a health club, spa, indoor pool, around-the-clock room service and an on-site concierge. And if that didn’t add up to a luxury buyer’s ultimate wish list, the offerings of the Gold Coast neighborhood are icing on the cake, with high-end shopping, restaurants, nightlife and beaches all within a few blocks.

800NMichigan800 N Michigan Ave, Unit 3801
Original list price:
$3.2 million
Sold price: $3 million
This is a unique home in the Park Hyatt built for the most discriminating luxury taste. Spanning 3,200 square feet high on the 38th floor, this home features east and south exposures with amazing views of the lake and city. Details include beautiful finishes, hardwood floors, granite, marble, mill work, and a gas fireplace. The private master suite features a sitting room, balcony, generous closet space and a luxurious in-suite master bath.

Chicago real estate at 840 N Lake Shore Dr840 N Lake Shore Dr, Unit 2103
Original list price:
$2.67 million
Sold price: $2,512,500
An exquisite home on the 21st floor, this Chicago condo boasts stellar views of the lake, museum and city from every window. It’s perfect 2,909 square foot floor plan includes 3 bedroom suites, enormous chef’s kitchen, spa-like master bath with steam shower and custom closets throughout. A gorgeous balcony overlooks the lake, park and city. The previous owners used this condo as an in-town with very minimal use, leaving the unit immaculate and beautifully decorated. Two heated garage parking spaces were also available for purchase with this unit.

800NMichigan800 N Michigan Ave, Unit 2402
Original list price:
$2.6 million
Sold price: $2.375 million
The 3,024 square feet of this downtown Chicago condo have plenty to offer the luxury buyer. With 3 bedrooms, 3.1 baths, this home was prime for a new owner’s decorating and design to enhance the open layout. Panoramic views facing east, with and south, allowing for beautiful vistas throughout. Features include a balcony, large living room, sitting area, dining room, huge chef’s kitchen and a master suite complete with 2 huge walk-in closets, a lux master spa bath and an abundance of natural light.

500 W Superior St, Unit 2305
Original list price:
$2.69 million
Sold price: $2.275 million
The elegance of this condo is felt the moment you see the glass wall foyer that greets every guest. With 3 bedrooms and 3,600 square feet, this breathtaking home includes a family room, modern kitchen with stainless steel counters, Wolf range and built-in grill and an impeccably finished bath. There is ample attention to detail throughout, plus amazing east views that puts the city skyline as a beautiful backdrop.

imageFor more information on last month’s luxury condo sales 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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