Chicago Luxury Most Expensive Homes Sold Quickly In June

Looking back at the Chicago luxury real estate market in June, there seemed to be a real need for speed. The top homes were off the market nearly as quickly as they were on—two of the most expensive properties sold within just 10 days of being on the market.

So what has buyers closing deals so quickly? It’s easy to see a few usual suspects among the features of recently sold luxury homes: wide lots, ample square footage and great neighborhoods. With a standard lot size of 25 ft x 125 feet, an extra-wide lot allows for mega square footage within a home, and many buyers want that extra space.
Lincoln Park also continues to be a neighborhood of choice for luxury buyers. Sought after for its quick access to the loop, easy bus transportation to Michigan Avenue and its host of interesting, diverse architecture, Lincoln Park has been a longtime favorite among both long-time Chicagoans and those relocating to the city for the first time.

Overall, June saw just over $138 million in total sales volume for Chicago luxury homes. The highest sale price was a whopping $4.9 million (more on that in a moment), and 17 homes sold for more than $2 million, suggesting that ultra luxury may be the new luxury.
With that, let’s take a look at the five highest-priced sales from last month, starting with the most expensive:

544WDickensAve544 W Dickens Ave
Original list price: $5.1 million
Sold price: $4.9 million
This month’s most expensive home sale has one feature we see more often than not among top home sales: an extra-wide lot. Situated on a 31-square foot lot (compared to the typical 25 feet), this home boasts 7,000 square feet of living space behind its intricate limestone façade. Soaring ceiling heights allow for grand scaled rooms and allow for tremendous natural light. The enormous living room is perfect for entertaining, with a kitchen and great room that opens up to an 850-square foot terrace. Additional details include wide-plank hardwood flooring on the main level, a fireplace in the master suite, radiant-heated entry and a library/office with a wet bar and fireplace. And the location can’t be beat: W Dickens is an upscale block in Lincoln Park, within walking distance to Parker, Lincoln Elementary, Lincoln High School and public transportation.

2224NDaytonSt2224 N Dayton St
Original list price: $2.65 million
Sold price: $4.8 million
Just steps from Oz Park and the bustle of Halsted and Armitage, this property is a renovated four-story home on one of the most beautiful blocks in Lincoln Park. The home spans 5,900 square feet with a traditional layout and open floor plan that includes a top-floor penthouse room and a lower level entertaining space.

1622NWolcottAve1622 N Wolcott Ave
Original list price: $3.995 million
Sold price: $3.75 million
An architecturally exciting contemporary home on a double lot, this Bucktown property is 7,000 square feet filled with the highest level of design and finishes. Inside, you’ll find 11-foot ceilings, 5-inch oak floors, floor-to-ceiling windows, and an ideal open floor plan. The chef’s kitchen includes Miele and Wolf appliances, Ernestomeda cabinetry and a huge cantilevered white quartz waterfall island. The spa-like master bath includes heated marble floors, custom walk-in closets, Ann Sacks tiles and an Antonia Lupi design.

455WDemingPl455 W Deming Pl
Original list price: $3.999 million
Sold price: $3.75 million
This custom built home in Lincoln Park sits on an extra-wide lot, allowing for a generous 5,200 square feet of living space. Filled with natural light, this home’s features include a 4-stop passenger elevator, high ceilings, commercial-grade appliances, a full-floor master suite, spa-like baths and more. And while it’s not uncommon for a luxury home to include an extravagant master suite, this master suite takes up an entire floor, and includes an over-sized steam shower and heated flooring. Residents of W Deming cal also enjoy full access to the amenities at 2550 Lakeview.

850WWillowSt850 W Willow St
Original list price: $3.375 million
Sold price: $3.3 million
Spanning across an extra-wide, 50 x 100 foot lot, this home has been renovated for modern living, with a new floor plan from architect firm Jean Du Fresne and design firm Jessica LaGrange. It’s 5,000 square feet boast a number of luxury features to make this property an oasis in the city: in-ground, heated saltwater pool, professionally landscaped backyard,, master suite with sensational spa bath, state-of-the-art technology throughout and more. The chef’s kitchen includes high-end appliances with Calcatta white marble countertops, a walk-in pantry and a large center island. Plus, it’s Lincoln Park location puts you right in the center of everything, from the comforts of a residential neighborhood to the activities of an urban sprawl.

Each month I recap the previous month’s sales for Chicago condos and single-family homes. For the luxury buyer, it’s important to have a gauge on the various features you might find in high-end properties and what price tag comes with them. That way when you start on your own home search, you can have an idea of what to expect and prioritize what “must-haves” will be in your future home.

For more information on the homes that sold last month, or to see what’s on the market now, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

On the Chicago Real Estate Market: Pristine Penthouse Condo in the Heart of Wicker Park

outsideLocated on a spectacular street in Wicker Park, this extra-wide condo offers everything you’d want in a great location: Close to the neighborhood’s vibrant hub of activity, a high Walkscore and an easy trip into downtown.

Address: 1947 W Evergreen, Unit D
Size: 2 bedroom, 2 bath
Neighborhood: Wicker Park/Bucktown
Price: $449,000
Contact: Sheldon Salnick, Dreamtown ,(312) 498-5080 or ssalnick@dreamtown.com

living-room-2 kitchen deckHere’s what you’ll find at 1947 W Evergreen in Wicker Park:

  • Extra large outdoor space
  • Amazing natural light
  • 9-foot ceilings
  • Granite kitchen countertops and 42-inch cabinets
  • Hardwood floors
  • Private, separate garage for car parking

living-room kitchen-living bedroom-2Living in Chicago’s Wicker Park

In real estate, we know that location is everything, and this Wicker Park condo certainly has it. Within short walking distance, you’ll find:

Wicker Park, an urban park complete with playground, sports fields, movie nights, a farmer’s market & other events.

  • The Damen and Division El stops, allowing for easy travel into downtown Chicago
  • Several bus lines
  • Milwaukee, Damen and Division streets: The central hub of activity in Wicker park

Wicker Park is known for its abundance of culture, with vibrant art, community nightlight and food scenes. This Wicker Park condo is within easy walking distance to the boutiques, restaurants, bars and music venues that make this neighborhood so beloved by its residents.

For more information on living in Wicker Park and this Chicago condo for sale, contact Sheldon Salnick at (312) 498-5080 or email me at ssalnick@dreamtown.com.

bedroom-1 bath-2 bath-1 floorplan

February Sales for Chicago Luxury Homes: Lincoln Park Single-Family Home Sells for Over $8 Million

Perhaps it was the winter doldrums or some overlapping effects from the volatile stock market, but Chicago luxury home sales in February were well, “just OK.” Just 26 luxury homes (those sold for more than $1 million) closed last month, totaling $46 million. More than $8 million of that was a single double-lot property that certainly stood out from the rest.

Even when one property is completely distinctive from the rest, there are often a few common threads that can be found among recently-sold luxury homes. This month, there’s a clear interest in a great location (Lincoln Park, the Gold Coast, Bucktown), oversized lots and generous square footage (2 homes boast 9,000+). And lastly, one commonality we’ve seen fairly regularly among luxury real estate sales in Chicago: purchasing with cash.

Cash is King in Chicago Luxury Real Estate

Four out of the top five most expensive homes sold last month were bought with cash. You’ll notice in the recap below that several of the top properties sold did so at a considerable discount to their list price—and it’s likely that the buyer has their cash offer to thank for that. Cash also helps buyers to negotiate a good deal, especially when the market is experiencing some volatility.

Here’s a closer look at the top five properties that sold last month in Chicago, in descending order from the most expensive:

mohawk2026 N Mohawk St
Original list price:
$8.95 million
Sold price: $8.35 million
This spectacular space was built on a double lot by developer firm Metzler Hull, who is known for building beautiful, upper-bracket homes in Chicago. Boasting a location on the best block in East Lincoln Park, no luxury was spared in this 11,000 square foot home, from the fine details to the thoughtful floor plan that blends intimate family living with fabulous entertaining space. The list of features for this Chicago luxury home is lengthy. Each of the 7 bedrooms has an ensuite bath and large closet. The state-of-the-art kitchen is built for gathering and relaxing, with a seamless transition from the family room. The elegant master suite features a large walk-in shower, soaking tub, double vanity, dressing room, walk-in closet and make-up area. Other spaces include a library, exercise room, private professional theater, indoor/outdoor basketball court, coat room, a large laundry room , attached four-car, heated garage and four private outdoor areas.

lasalle1352 N Lasalle Blvd
Original list price:
$3.49 million
Sold price: $3.05 million
This stately Old Town mansion sits on an oversized (149 foot) lot. Its 9,200 square feet include 5 bedrooms and 4.2 baths, a large eat-in kitchen, paneled dining room, den, family room, foyer, five-stop elevator and a lower-level in-law apartment. There’s even an additional 2 bedroom, 2bath guest apartment. Other details include a grand staircase, 7 fireplaces with carved mantels, intricate moldings and 8-foot original pocket doors.

honore1917 N Honore St
Original list price: $2.995 million
Sold price: $2.8 million
Just built in 2013, this brick/limestone home—on an oversized 33.5-foot lot—was customized by Tom Stringer Design in a warm, transitional style. A fully integrated kitchen includes commercial-grade appliances and stardust marble with leather finish countertops, while the luxurious master suite features a separate sitting room and spa-like bath with heated flooring, towel rack and oversized steam shower. A 900-square foot rear patio/yard encompasses a completely private rooftop oasis complete with IPE decking and a custom stainless steel hot tub. And the home’s location is ideal on one of the premier blocks in Bucktown.

hudson1916 N Hudson Ave
Original list price:
$2.5 million
Sold price: $2.5 million
A recently upgraded single-family home in East Lincoln Park, this 6,000 square foot Chicago home features a ton of great space for family living on a residential, tree-lined street. The generous spaces include a full-floor master suite with a 21 x 10-foot closet and brand-new master bath; a penthouse room, study, library plus several terraces and patios, including a mini “children’s deck.” Other features include 4 brand-new baths, high ceilings throughout, a chef’s kitchen with breakfast area for 10, a two-story family room, wide walnut floors throughout, heated lower-level floors and an attached two-car garage.

bellevue69 E Bellevue Pl
Original list price:
$2.6 million
Sold price: $2.1 million
This home’s wow factor comes from its unique design, featuring an open-concept floor plan that is rarely found among the vintage homes in the Gold Coast. The first floor features a deck off the kitchen, and the third level includes an additional deck beautifully shaded by a nearly 200-year old maple tree. The home also boasts lots of natural light, a music system, four large bedrooms, 4.5 spa baths, a basement apartment and garage.

For more information on the Chicago luxury homes that have recently sold, or to see what’s on the market now, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

December Luxury Sales Recap $13.3 Million Home Sells on Burling St. In Chicago’s Lincoln Park

Even with winter underway and the holidays in full swing, luxury home sales didn’t take a winter break here in Chicago. There was plenty of luxury to see among $1 million and $2 million homes that sold, plus one standout property that stole the show: a $13.3 million estate on Burling Street in Lincoln Park. But, more on that in a minute.

Overall, December saw a total volume of $82.6 million in sales of luxury homes (those sold for more than $1 million). Eleven of the luxury single-family homes that sold went for more than $2 million. That was a healthy number, especially for this time of year, considering it’s typically packed with family and travel and not so much with purchasing real estate.

Ultimate Luxury in Chicago’s Lincoln Park
Staying true to the trends we’ve seen among luxury real estate sales, December’s single-family home sales were full of large lots, ample square footage and the ever-enviable new construction. Here’s a detailed look at the top five sales in December, starting with that stunner in Lincoln Park:

image1955 N Burling St
Original list price: $18.75 million
Sold price: $13.345 million
It’s likely that there’s not a home in Chicago or in the suburbs that quite compares to this Lincoln Park estate. Located behind private walls on a whopping FIVE city lots, this is a single-family home that includes all of the sought-after amenities you might look for in a luxury condo. An award-winning indoor pool and spa, a home theatre, a 6-car garage, gym, wine room and staff rest area are just a few of the ultra-unique spaces that make this property a true estate property. With 20,000 square feet of living space, 6 bedrooms, 8.5 baths, a separate 2-bedroom guest house and incredible lawns and garden spaces, this property is more than simply a home, but a lifestyle that far exceeds even the most discriminating expectations. It even sold to an all-cash buyer.

Burling Street is known for its McMansions, and many of the homes on this block offer the best of the best among single-family homes in the city. The surrounding area includes streets like Howe and Orchard, which also have a number of new construction projects popping up to offer luxury buyers an opportunity to live in this coveted area.

Now is actually a great time to take a closer look at these three blocks in Lincoln Park if you’re in the market to buy. Working with luxury clients on new construction projects is a specialty of mine, and I would be happy to introduce you to the neighborhood and take a look at what’s being built.

image1733 N Wood St
Original list price: $3.65 million
Sold price: $3.597 million
At 46-feet, this is another extra-wide lot for a custom-built home that is only a few years old. Built on a premiere block in Bucktown, this 6-bedroom, 5.1-bath home features 10-foot ceilings, a large rec room, a lush 1,500 square foot yard, elegant millwork, built-ins and more among elegant, traditional décor. It was snapped up by a buyer before the listing sheet even made it off of the printer.

image458 W Deming Pl
Original list price: $3.35 million
Sold price: $3.35 million
This extra-wide lot provides more than 25 extra feet beyond the standard size lot, and that extra space means lots of room to live inside. This home’s 6,200 square feet spans over 6 bedrooms, 5.2 baths, a state-of-the-art master chef’s kitchen and much more. The details throughout this home make it a perfect blend of classic elegance and modern luxury, with features like an elevator, custom millwork, private terraces, and exercise room and an attached 2-car garage.

image1901 N Dayton St
Original list price: $3.05 million
Sold price: $2.9 million
“Room to grow” was a major selling point for this Lincoln Park property, which was custom built on a corner lot with 6,000 square feet of living space inside. A lavish living room flows into the dining room, kitchen and family room, allowing for open-space living. The 5 bedrooms could easily convert to 6 with a lower level that could be transformed into an au-pair suite. And a master suite features an enormous walk-in closet and immaculate bath. And those are just on the inside. On the outside, you’ll find spectacular outdoor areas, with a split-level deck over the attached garage plus two private decks on the third floor.

image3637 N Wayne Ave
Original list price: $2.95 million
Sold price: $2.9 million
Located on an extra-wide lot on a great block in the Southport corridor, this is yet another new construction home that was built with a thoughtful floorplan that allows for bright and spacious living throughout. And one great advantage for the buyer of this home was that they had some time to customize the home to their liking as it wen through the final stages of building. Spanning 6,300 square feet, 4 of this home’s 6 bedrooms sit on the second floor, making it ideal for family living. Other features include a quality chef’s kitchen, custom millwork, 5-inch-wide plank floors, spa-like master bath with beautiful tile work, multiple outdoor space and attention to detail and quality on each and every finish and fixture.

It will be interesting to see if January brings a typical seasonal slowdown or to see if buyer’s continue to make moves on luxury real estate in Chicago despite the winter chill. If you’re considering a real estate purchase, think about getting serious before the spring pick-up is in full swing and you’re faced with plenty of competition in the market. To see what’s on the market now or to check out some of Lincoln Park’s up-and-coming new construction projects,, contact me at (312) 498-5080 or email me at ssalnick@rubloff.com.

July Was a Sizzling Month for Chicago Home Sales

Spring is typically when we see the real estate market in Chicago come on strong. When we arrive at July and August, typically the market slows down considerably, but this July was certainly not the case.

Sales for luxury single-family homes in Chicago were just outstanding in July. There were 81 luxury homes sold—those sold for more than $1 million—and a whopping 17 of those were over the $2 million mark. Total sales volume for the month was $136 million.

So where was all of the action happening? Lincoln Park was certainly at the center of this sales surge. More than half of those top 17 $2+ million sales were in Lincoln Park, including the most expensive sale of the month. Another common denominator among the top sales is lot size. Wider lots are what luxury buyers are looking for, and a home on a larger lot than the standard 25 feet x 125 feet definitely differentiates itself from the rest.

To see photos and details of the homes that sold last month, just contact me with your name and email address, and I will be happy to send you each and every one. That way, you can get an idea of what you might be looking for when you buy a Chicago luxury home.

Here are the details on the top five luxury single-family homes that sold in Chicago last month, in descending order:

2224daytonst2224 N Dayton St
Original list price: $3.565 million
Sold price: $4.75million
This stately 6-bedroom home sits on a 35-foot-wide lot, which allows it to have 5,900 square feet of living space. It’s also on one of Lincoln Park’s—if not the city of Chicago’s—prettiest blocks. The home features a vintage façade, with a fully renovated interior that retained classic features inside like antique mantles, leaded glass and moldings. The luxe master suite includes a stunning bath and custom closets. A penthouse study features a vaulted ceiling, wet bar, and a large deck with skyline views. Other stunning features include a rec/media room, exercise room, an exquisite garden/side yard and two laundry rooms.

1733NorthPark1733 N North Park Ave
Original list price: $3.95 million
Sold price: $3.6 million
Another extra-wide (31 ½ feet) in Old Town, this 5-bedroom, 5,900 square foot home features remarkable details and craftsmanship. This historic home recently underwent a complete gut rehab to feature a luxe master suite with steam shower, 4 additional bedrooms each with a private bath, separate living room, dining room and library, four fireplaces, a wine cellar, and a landscaped yard with putting green and a spectacular roof deck above a 3-car garage.

1825NCleveland1825 N Cleveland Ave
Original list price: $3.9 million
Sold price: $3.28 million
Having undergone a number of recent upgrades, this spectacular East Lincoln Park home was completely move-in ready for this buyer. With 5 bedrooms and 6,200 square feet, this home features gorgeous finishes and millwork throughout. There is also an attached garage, mud room, 2-story patio, 4,800-bottle walk-in wine room with tasting area, and a number of other upgrades.

1753WWabansia1753 W Wabansia Ave
Original list price: $3.295 million
Sold price: $3.15 million
This brand-new Chicago luxury home was just completed on a 48-foot wide lot in Bucktown. Designed in a transitional style, the home features rich hardwood flooring, impressive millwork, a huge custom kitchen, a private first-floor study, sauna, wine cellar, over 1,000 square feet of yard space and 3,000 square feet of deck space.

3624NJanssen3624 N Janssen Ave
Original list price: $3.495 million
Sold price: $3.1 million
Another new construction home. Another extra-wide lot. This Southport home has everything Chicago luxury buyers are looking for, with 7 bedrooms, 7,200 square feet and a bevy of features: media room, professional-grade kitchen, massive family room, yard and deck above huge 3-car garage, spa-caliber baths, an incredible master suite and much more.

As I mentioned before, don’t hesitate to contact me to learn more about the other homes that were sold last month or to see additional details about these top 5. It’s a great list for potential buyers to review and understand what’s going on in the market. For more information, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Single-Family Luxury Homes in Chicago Sold Amazingly Fast in April

Single-family luxury homes were flying off the proverbial shelves last month, with 4 out of the top 5 most expensive homes selling in less than a month.

April’s luxury home sales (those priced a $1 million and higher) totaled $57 million in sales, coming from 33 properties. Seven of those sales were more than $2 million.

Bucktown Becoming a Destination for Chicago Luxury Real Estate

Bucktown is certainly coming into its own—this Chicago neighborhood took two spots on last month’s priciest home sales. In recent months, we’ve seen a number of new construction properties sell in Bucktown, many of which take advantage of wide lots, modern architecture and happening surroundings.

Just back in January, Bucktown saw its second highest-priced sale ever at $3.1 million. The highest (before April’s sale) was $3.68 million. So last month’s most expensive home sale in the city was likely a record-breaker for the neighborhood as well.

Square Footage Sold Chicago Single-Family Home Sales in April

Chicago’s luxury homes are proof that you don’t have to head to the suburbs to get more space. Of the top five homes sold last month, every one spanned more than 5,000 square feet, many thanks to wide lots and multiple levels.

Starting with the most expensive, here are details on the top 5 home sales in Chicago last month:

1837 N Winchester Ave
Original list price: $3.895 million
Sold price: $3.7 million
April’s top sale sits on a double lot in the heart of Bucktown. It also sold in just 23 days, despite its phenomenal price tag. This one-of-a-kind contemporary estate boasts an amazing floorplan perfect for entertaining, floor-to-ceiling windows and a 2-story atrium that washes the home with natural light. You’ll also find exotic woods throughout, extensive custom cabinetry, a state-of-the-art gourmet kitchen and a spectacular lower level. The outdoor space includes a large deck and yard, with a pool and hot tub above the attached garage.

1962 N Burling
Original list price: $3.1 million
Sold price: $2.8 million
Burling is one of the most prestigious streets in Lincoln Park, but that’s not even one of the major highlights on this home. Spanning 6,500 square feet, this home is rich with luxury, including outstanding architectural details, a limestone façade, and extra-wide interior, two fireplaces and a 3-story atrium. Each room is generously sized, from the eat-in gourmet kitchen with top-of-the-line appliances, large family room with wood beam ceilings, a large terrace, and generous lower level with a rec room, 5th bedroom and bath.

3627 N Lakewood Ave
Original list price: $2.795 million
Sold price: $2.75 million
Also a newer property in the Southport Corridor, this single-family home is on an extra wide 30-foot lot, spanning 6,900 square feet in total. With 4 bedrooms and 3 baths, the home features a custom-designed kitchen, radiant heat on the lower level, baths and front steps, smart home technology and quality millwork throughout. Abundant outdoor space is another perk, not to mention the home’s location in the Blaine School District (one of the city’s best).

1858 N Paulina St
Original list price: $2.599 million
Sold price: $2.59 million
A brand-new Bucktown home, this property resets the standard of elegance and urban style in Chicago real estate. Its location on a wide corner lot allows for an interior width over 21 feet and 5,400 total square feet. A spacious, open floor plan is detailed with exemplary finishes, custom, oversized windows, industrial metal workmanship and custom mahogany. Out back is a raised yard with a fireplace for soaking in summer weather.

1316 W Henderson Ave
Original list price: $2.45 million
Sold price: $2.275 million
A generously sized 6 bedroom, 6,000 square-foot Lakeview home, this property is on an extra-wide lot and has been completely upgraded and customized. The home was just built in 2010 and was “barely lived in,” with high ceilings, a walk-in wine cellar, home theater, private patio and deck. Impressive millwork is detailed throughout, including coffered ceilings, custom cabinetry and built-ins.

If you’re in the market for luxury real estate in Chicago, take a look at the sales from the previous month to get an idea what to expect—in terms of price, location, availability and what your budget will get you in today’s market. For additional details or to see what’s on the market now, contact me at (312) 254-5853 or email me at ssalnick@dreamtown.com.

Luxury Chicago Single-Family Homes Continue to Sell in November

November’s single-family luxury sales in the Chicago real estate market maintained their momentum, even as Chicago cooled off and snow began to fall. With 29 homes sold, 24 of them sold for just under $2 million, and total sales reached $51 million for the month. The most expensive sale topped $7 million—certainly one of the highest-priced properties to sell this year. That’s an especially unusual feet since sales are typically down in November, due to holidays and cold weather.

Of the 5 most expensive home to sell and close during November, 4 of them were not on a typical 25 foot by 125 foot lot. These homes stretch out on longer, wider lots that luxury buyers love, as the extra footage allows larger, more gracious rooms inside the home.

The $7 million stand-out in November’s sales has a number of notable features (see full details below), is in a prime location in Chicago’s Gold Coast and was on an extra-large lot. The extra lot space makes room for a two-car garage, which is a rare find for a home in the Gold Coast—many residences here are lucky to find a home with any parking available at all.

Highest Price Chicago Home Sales in November

Here’s a more detailed look at the luxury Chicago real estate that sold last month, in descending order:

1336 N State Pkwy
Original list price: $7.85 million
Sold price: $7.125 million
Listed as “the most wonderful house on the market,” this Gold Coast showstopper lives up to that claim. The 5-bedroom home went through a complete renovation with no expense spared, creating a home that is elegant, light and ready for modern living. Features include wide hallways, tall ceilings, historically significant architecture, an elevator and a huge kitchen/family room space. A garden room plus three terraces and a garden make the outdoor space as desirable as the interior; an attached two-car garage is also a major bonus, since most Gold Coast homes are attached and/or too narrow to include garage space. And as I mentioned, the extra-wide lot (25 feet x 130 feet) is something buyers are quick to jump on in the luxury market.

1509 W Atlgeld St
Original list price: $3,149,000
Sold price: $2,937,500
This Lincoln Park home is also on an extra-wide lot, which provides enough space for a 33-foot, integrated, landscaped side yard. The outdoor space also includes a 900 square-foot deck, plus a 3-car attached garage with plenty of storage. Inside, you’ll find stunning millwork with mahogany floors, doors and mouldings throughout. The four-story home includes 4 bedrooms with ensuite baths, plus an amazing lower level with 12-foot ceilings.

1744 W Cortland St
Original list price: $2,999,900
Sold price: $2.9 million
There may have been a competition for best home on the market last month—the Bucktown beauty was listed as the best in it’s neighborhood. A custom-built home on a double lot, the home was designed my Nicholas Clark and won a ALA Gold Medal Design Award in 2010. Inside is a perfect floor plan with amazing finishes throughout, high-end technology and home automation, plus a wine cellar and theater room. Outside the home there’s an outdoor pool with a fountain and spa and a NanaWall to integrate the indoor and outdoor space.

1917 N Honore St
Original list price: $2.4 million
Sold price: $2,720,660
Another extra-wide home, this new construction property is set for a late-spring delivery, but this buyer was sure to secure it in plenty of time for move-in. With 4 bedrooms, 3 baths and more than 5,400 square feet, other features include a 3.5-car heated garage, a 900 square foot backyard, radiant-heated lower level and sidewalks, plus custom cabinetry, natural stone baths and a roof deck with panoramic views. This home was also found in Bucktown, where it’s pretty unusual to find a home sale for more than $2 million.

3828 N Lakewood Ave
Original list price: $2,25 million
Sold price: $2.1 million
Another brand-new home in the Southport Corridor, this all-brick home is in the Blaine School District (one of the city’s best). The home boasts 5 bedrooms, 5 full baths, 2 powder rooms, an incredible custom kitchen with butler’s pantry, 2 wine refrigerators and SubZero, Wolf and Miele appliances. Additional features include wide plank walnut floors, oversized crown wainscoting, a home automation system and 3 amazing outdoor spaces: a roof, garage deck and walk-out patio.

It’s a good idea to keep an eye on Chicago luxury real estate sales during this time of year. It’s especially interesting to see that sales really kept a momentum in November, and I’m eager to see what this month brings as well. It could be a great time for buyers and sellers alike to make a move in the market.

For more information on this month’s sales or to see what’s on the market now, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

March Sales of Chicago Luxury Homes Total $41.6 Million

Although the luxury Chicago real estate market is continuing to charge forward, the month of March saw 27 luxury homes sold, with prices ranging from $1 million up to $2.5 million. When compared to the previous month’s sales, the biggest difference in March was that the top five most expensive homes were in the $2 million range—lower than the top sales during February.

Chicago’s Bucktown neighborhood had one of the top sales. This is a great eclectic neighborhood on the west side that merges classic and new-age tastes, with abundant dining options and cultural interest, particularly in art, theater and music.

Lincoln Park real estate also topped the list (as it typically does), with two out of the five sales. Lincoln Park is especially covetable for its schools, its proximity to everything from dining to beautiful parks to nightlife.

Chicago Luxury Homes Sold in March

Here’s a closer look at the top five sales of luxury single-family homes last month in Chicago, in ascending order:

Chicago real estate sold in March1250 W Schubert
Original list price: $2,199,900
Sold price: $2,150,000
An ultra-modern new construction home in Lincoln Park, this Chicago home is dressed to the nines, with designer lighting by Jonathan Adler, imported Japanese and Italian tiles, and top of the line kitchen appliances. The large-lot home also includes a theater room with surround sound, a wine cellar, heated floors on the lower level, 2 laundry rooms and wet bars and custom cabinetry. The master suite boasts a steam shower and double vanities.

Luxury real estate in Chicago sold in March1625 N Wolcott Ave
Original list price: $2,449,000
Sold price: $2,275,000
This 5-bedroom in Bucktown won a Best in American Living Award, thanks to an innovative layout with an open living, dining and kitchen space. Enviable city views can be taken in through the private master suite of the 46 x 14 ft roof deck. You’ll also find an elevator, attached 4-car tandem garage and superior finishes throughout. The home’s Bucktown location also puts it steps away from public transportation, freeways, shopping and more.

Single-family Chicago home sales in March100 W Delaware St
Original list price: $2,399,000
Sold price: $2,300,000
With a generous 5,500 square feet of luxury living space, this is the ultimate corner row home in Chicago. The property overlooks Washington Square Park, with five levels, an elevator and huge rooms. Two roof decks, a terrace off the master suite and kitchen and a walk-out patio add up to unbelievable outdoor space, plus floor-to-ceiling windows flood every room with natural light. The master suite includes a luxe bath and two huge walk-in closets.

Chicago new construction in Lincoln Park1124 W Altgeld St
Original list price: $2,600,000
Sold price: $2,475,000
On an extra-wide lot, this new construction home has the perfect location on a beautiful tree-lined street. This Lincoln Park beauty has six bedrooms, a third-floor penthouse rec room, beautifully landscaped terraces, a custom kitchen and large breakfast nook, first floor paneled den and a huge lower level family room with a wine cellar.

Chicago real estate sold in March824 W Webster Ave
Original list price: $2,750,000
Sold price: $2,500,000
Another Lincoln Park gem, this home was the most expensive one to sell during March. With a spectacular corner location, this home too features amazing outdoor space, including a rooftop deck. A large eat-in kitchen and great room include beautiful built-ins and a wet bar, while the full-floor master suite has a luxe limestone bath and dual walk-in closets. The lower level features an office/library with a generous family room and rec room and a full bath.

It’s a great idea for buyers (or even homeowners) to take a look at the most recent Chicago home sales. Doing so can arm you with the information you need to make a purchase of your own (knowing what to look for, in what neighborhood, and what price you can expect) or even to gauge the resale value of your own home if you’re considering selling it.

For photos or more information on last month’s sales or to see what’s on the market now, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Chicago Real Estate Market…Prices Are Increasing!

In Don Debat’s article for Skyline, he cites Chicago Board of Realtor’s statistics that show in selected areas of the city, real estate resale prices have appreciated. Chicago’s Gold Coast, Lincoln Park and Bucktown stand out for their resale-price appreciation in 2007 when compared with 2006. Continue reading