Vista Tower: Newest Chicago Luxury Condo Building Expected to be Iconic

Over the last few years, Chicago has seen a number of exciting new construction projects for luxury buyers—but it’s been some time since something as exciting as Vista has been on the horizon.

This new luxury building is under construction now—but the anticipation for it is building even more quickly, as this is expected to be among the largest, most high-end condominiums in Chicago. Designed by famed Chicago architect Jeanne Gang of Studio Gang Architects, the Vista Residences will be a part of Lakeshore East, an idyllic community with an unbeatable location where the Chicago River and Lake Michigan meet. Its 90 floors feature 1- to 4-bedroom condos (starting at $1 million), including 18 floors of penthouse units.

But one paragraph certainly isn’t enough to summarize what’s to come with the Vista Tower. Let’s take a closer look at this sensational new building:

The Architecture


A celebrated Chicago architect, Jeanne Gang is no stranger to stunning silhouettes along Chicago’s skyline. She is the name behind many Chicago buildings, including Aqua Tower, City Hyde Park, and the Eleanor Boathouse at Park 571, plus projects in New York and all around the globe.

Vista Tower will transform Chicago’s famed skyline. The three towers take on a crystalline form in a striking design, unlike anything along the city’s panorama. Its glass façade will reflect the never-ending blues of the lake and sky surrounding it, making an elegant, visual masterpiece in the sky.

The Amenities


Many of Chicago’s residential buildings can enjoy the benefits of luxury hotel-caliber amenities, typically from an in-building or adjacent high-end hotel that offers its services to the building’s residents. Vista Tower will be no exception. This project will include the American debut of the Wanda Vista Hotel, a hospitality heavyweight in China that has won countless hospitality awards and will bring the epitome of luxury and indulgence to Chicago. Residents can enjoy direct access to the 5-star amenities that come with the Wanda Vista Hotel.

Plus, residents of Vista Tower can enjoy an exclusive amenity floor, called Club Vista, which promises a private oasis on the building’s 47th floor. The club will include just about every amenity under the sun without even having to leave the building: a fitness room, outdoor pool deck, theater room, wine storage and tasting room, a private dining suite, a demonstration kitchen, a sky lounge, a children’s room and activity space and game room.

The Residences


With all of this outside your front door, it will be no surprise that what awaits you on the interior is equally impressive. These single-floor Chicago condos are perfectly appointed, with spacious layouts, 360-degree views, 9-plus foot ceilings, floor-to-ceiling windows, wide-plank hardwood flooring and Snaidero cabinetry.

From the 73rd to the 90th floor, you’ll find penthouse units with 11-plus foot ceilings and a bevy of additional features with no detail overlooked.

The Location


At the heart of Lakeshore East is an enduring community that Chicago residents love to call home, all in the middle of an urban oasis. The master-planned community has one a number of awards for its thriving neighborhood, luxury living options with incredible views and near-it-all location at the intersection of the river and lake. It is home to an idyllic 6-acre park that wide, open green space, seating areas, a children’s play park, dog park, and beautiful gardens throughout.

And if a day alfresco isn’t your thing, just about any activity you might enjoy downtown is within an easy walk of Vista, including the Chicago river walk and lakefront, Millennium Park and Maggie Daley Park, the Magnificent Mile, the Loop, the Art Institute and Navy Pier. Work, play and everything in between are right outside the front door.

Buying New Construction Condos in Chicago

It’s incredibly exciting for Chicago to have a project like this in the works, and I have no doubt it will change the luxury real estate market here. One of the most important considerations for a potential buyer of new construction is to work with your own agent throughout the process as you visit the sales center and work with the developers.

A new development’s sales center is a great resource to introduce you to the building, but it’s also important that a potential buyer has someone working with their interest in mind. I’ve visited many sales offices with clients to help review floorplans, choose product selections that will maximize resale value or to guide them around the nuances of different units or parts of the building. Visiting with your own agent will ensure you are being represented as a potential buyer only.

My experience with buyers of new construction properties has been honed by working with some of Chicago’s major developers and helping buyers make important decisions off of floorplans, renderings and models while the “real thing” is still in production. If you’re looking at a development like Vista Tower or other, I can represent your interests to make sure you negotiate the best deal possible and make the best decisions for your future home.

If you’d like to learn more about Vista Tower, I would be happy to introduce you to the project and show you what’s in store. Contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Chicago Luxury Condo Sales Went Out Strong in December

As we wrapped up 2016, the top Chicago condos were singing much of the same song that they did for much of the year. Ultra-luxury properties reigned among the most expensive homes sold, not just in terms of price but in the exceptional elegance found in each and every one.

The priciest condos to sell in December were all found in some of the city’s most prestigious buildings. Whether vintage, co-op, new or old, these buildings are all in highly coveted locations, thanks to the walkability to exquisite shops, city activities and diverse dining options.

The other common denominator among the condos sold last month was square footage. Luxury buyers want at least 3,000 square feet, and that showed in the top sales. A penthouse co-op offered 5,580 square feet, which is a number typically associated with a single-family home in the ‘burbs.

Lastly, a majority of these top sales were sold at a major discount from the original listing price. A co-op on East Lake Shore Drive sold for a solid $1 million less than it was originally listed at. That’s a great deal for the buyer who isn’t afraid to shop for real estate during the cold winter months, when sellers are apt to negotiate and get those properties off the market.

All in all, December saw $68 million in total sales for December. Let’s take a more detailed look at what sold, with the top five properties in descending order:

Water Tower Place at 180 E. Pearson in Chicago

180 E Pearson St, Unit 5603
Original list price: $3.5 million
Sold price: $3,562,460 million
This ultra-luxury Chicago condo (purchased by a cash buyer) is one of five custom residences in the iconic Water Tower Residences, one of downtown’s most beloved buildings. These condos are being transformed into gorgeous, custom homes by Centaur Interiors, completely renovated using the finest materials and fixtures, state-of-the-art technology and precise attention to detail. The new residents can enjoy forever views in every direction, along with AAA+ amenities of the Ritz-Carlton, such as a concierge, 24-hour door staff, fitness center, pool, room services and more.

450ewaterside450 E Waterside Dr, Unit 2801
Original list price: $3.9 million
Sold price: $3.45 million
A penthouse unit with nearly 5,000 square feet of living space, this Chicago condo was a rare opportunity for the buyers to get into one of the premier buildings of Lakeshore East. This neighborhood offers spectacular lakefront and riverfront living, with breathtaking water and skyline views from every room. The unit boasts a dramatic foyer that opens to more that 46 feet of open, spacious living space fitted for modern living. Lux features include 11-foot ceilings, smart home technology, LED lighting and an exceptional level of detail given to the comfort and ease of living throughout the home. Located just a few blocks from Millennium Park and Navy Pier, the Chandler amenities include an indoor rooftop pool fitness and media rooms and an array of offerings still in the works.

4EastElm4 E Elm St, Unit 13S
Original list price: $3.4 million
Sold price: $3.4 million
The new construction condos at 4 East Elm were easily among luxury buyers’ favorite buildings in the second half of 2016—and sales are still going strong, with more than 90% sold. These sleek and modern half-floor residences each have elevator entry and most have three exposures that allow expansive lake and city views. This building is the ultimate urban oasis of luxury and privacy, with amenities that include an outdoor pool, sun deck fitness center, screening room, clubhouse lounge and 24-hour door staff. This 3,500+ square foot unit in particular was purchased with cash.

209ELakeShoreDr209 E Lake Shore Dr, Unit 1E
Original list price: $4.2 million
Sold price: $3.2 million
A beautiful co-op building in the Gold Coast, this three-bedroom property spans a generous 5,580 square feet and was completely redone by renowned architect John Ronan. The exquisite renovation kept the unit’s classic design and enhanced elegant, rich details like hardwood floors, extensive millwork, sleek moldings and more. The open floor plan is ideal for entertaining, and calming views overlook the lake and the treetops along East Lake Shore Drive. This co-op was also purchased by a cash buyer.

1550_N_State_Unit_FrontView_1_1550 N State Pkwy, Unit 402
Original list price: $3.85 million
Sold price: $3 million
Purchased by a cash buyer, this 4,160 square foot Chicago condo is in one of the most revered buildings in the Gold Coast. Occupying a half floor, this property boasts east and north views of the stunning lake and park from every room. Along with three bedrooms and three-and-a-half baths, this home features four balconies, 10-foot ceilings, major windows and bays and two fireplaces. The building amenities include 24-hour door staff, a guest apartment, exercise room, wine room and a live-in engineer.

For more information on Chicago condos that sold last month, or to take a look at what’s on the market now (and take advantage of those winter buyer benefits!), contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Chicago Luxury Real Estate Scheduled to Be on a “Tear”

When it comes to real estate, Chicago has something to fit a number of location “wants.” A quiet neighborhood-like street? Easy. An upscale, urban condo in the heart of everything? Of course. Waterfront properties not far from all the perks of city living? Yep—and there’s soon to be more.

Not unlike many other parts of the country, developers are seeing the real estate opportunities that lie within land near water—and they’re putting in the work to clean up the waterways and develop along them.

Chicago is proving to be at the forefront of this trend, with a massive project along the Chicago River that broke ground last month: A $1.5 billion revamp of a spot on the southern stretch of the Chicago River.

A rendering of the Riverline project on the Chicago river, via the Chicago Tribune.

A rendering of the Riverline project on the Chicago river, via the Chicago Tribune.

Named Riverline, the development will include more than 3,600 new residences, with high-rise condos and townhomes and a public riverwalk. The location is just a short walk from Willis Tower, and will likely be a coveted spot for new construction real estate in Chicago, even with its expected completion timeline of eight to 10 years.

Real Estate, Professional Opportunities in Chicago

Developers aren’t the only ones seizing the opportunities throughout Chicago—major corporations are, as well. McDonald recently announced its plan to move its corporate office into the city, to the West Loop where Oprah’s Harpo Studios once called home. (It hasn’t been decided yet if the studio will be demolished or retro-fitted for McDonald’s to move in). Kraft Heinz has also announced relocating its Northfield office to downtown Chicago, and Motorola recently moved a number of executive-level employees to a shiny new office near Union Station.

A recent article in the New York Times highlighted several of these corporate moves into downtown Chicago, noting that the access and vibrancy of the Loop are what many young professionals are looking for in terms of job location.

And Chicago real estate has much to offer the professional crowd, as well. With Chicago real estate still considerably less expensive than other major cities—New York, London, Los Angeles, San Francisco, to name a few—relocating here has become an easy consideration for professionals. Clients from these areas find luxury real estate in Chicago to be quite inexpensive for exceptionally high-end buildings that are in an ideal location and come with all of the amenities they could imagine.

Perhaps that is why luxury new construction is selling very quickly right now. These high-end buyers know what they want: Namely new construction and space. Buyers moving here from other cities look for at least 3,000 square feet of living space; and they are finding it in Chicago condos that offer half- or full-floor residences in great locations like River North, the Gold Coast and others.

With major construction projects in the works and an influx of professional opportunities taking root in the city’s center, it’s clear that Chicago real estate could soon be taking on a major growth spurt. If you’re interested in new construction properties, I’d be happy to show you some of the current projects and new developments that might fit your taste and lifestyle. Contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

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.

Luxury Gold Coast Condo Leads Chicago Sales in August

August was a pricey month for Chicago luxury condo sales, making it a bit of an anomaly. The August market is typically not as strong, with many people on vacation and the weather not always being the most agreeable for shopping for a new home.

Last month’s most expensive sale is located in a prestigious Gold Coast building, selling for just under $7 million. I’ve longed discussed how buyers are always looking for ample square footage when it comes to condo shopping, but this buyer got a generous amount of outdoor space too—a rarity for such a coveted location in the city. That’s a perk that many hope to find but never do, so it’s a feature that really differentiates that Chicago condo from others in the market.

If you’re in the market for a Chicago condo, I definitely recommend taking a look at last month’s sales details to get a feel for what has sold, with what amenities, at what price. If you’re just starting out, I’d also highly recommend checking out the Top 15 Chicago luxury condo buildings in Chicago for an overview of the top properties I recommend to my clients. Each of these buildings are packed with luxury and amenities and have their own special set of features to offer, so it’s a great overview to help you start your search.

With that, here’s a closer look at the luxury condos that sold last month in Chicago, in descending order:

1300 N State Pkwy Chicago1300 N State Pkwy, Unit 1201
Original list price: $7.9 million
Sold price: $6.9 million
This is an absolutely exquisite duplex in a very prestigious building: The Ambassador, located in the heart of the Gold Coast. The home boasts 6,800 square feet of interior living space, plus an unparalleled 1,400 square foot private terrace. No luxury or amenity is spared in this opulent residence, which features sweeping views, custom fittings, soaring ceilings and tasteful design throughout. Rooms include 3 large en suite bedrooms, 4.1 baths, family room, library, private dog run and DeGuilio kitchen with La Cornue range.

159EWalton159 E Walton St, Unit 33A
Original list price: $7.2 million
Sold price: $6.2 million
The Palmolive is not only one of the most iconic architectural buildings in Chicago, but it’s also highly sought after for condo living, with its perfect blend of historic appeal on the outside and ultimate luxury inside. This 5,200 square foot, full-floor penthouse was designed by Nate Berkus and showcases outstanding lake views from the 33rd floor. This unit offers whole house smart system for lighting, shades and music, plus a high-end kitchen with Wolf, SubZero and Miele appliances. The 3 bedrooms include a luxe master suite with spa bath and elegant dressing room, and the family room includes an ensuite bath so that the space could also serve as a fourth bedroom.

340 on the Park340 E Randolph St
Original list price: $4.5 million
Sold price: $4.138 million
This penthouse unit offers just over 4,000 square feet high on the 59th floor in downtown Chicago. High ceilings and panoramic views let you take in views of the city, and a large 11×31 covered terrace overlooks Millennium Park, Buckingham Fountain and the handsome skyline. Inside, additional features like contemporary finishes, maple hardwood floors, snaidero cabinets and electronic window treatments add to the luxurious appeal.

429ENWater429 E North Water St
Original list price: $3.7 million
Sold price: $3.1 million
This Streeterville condo offers stunning views of the river, park and lake from a whopping 5,300 square feet. The home offers an elevator to take you between four floors, among which you’ll find 5 bedrooms, 4 new baths, a large kitchen and a master suite that encompasses the entire second level. The third level features 3 bedrooms, a sitting room and private rooftop terrace. The building itself also offers a number of amenities, including a health club and doorman.

65 e monroe65 E Monroe
Original list price: $2.9 million
Sold price: $2.9 million
The Park Monroe is one of the best luxury condo buildings in downtown Chicago. This 3-bedroom unit spans 3,360 square feet, and takes advantage of the building’s incredible views since its perched high on the 48th floor. Residents here enjoy a 24-hour doorman, in-building parking, in-building retailers and coveted location within steps of Millennium and Grant Parks, the Chicago Cultural Center, Chicago Symphony and much more.

For more details on the Chicago luxury condos that sold last month, contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Search Chicago Luxury Condos with More than 3,000 Square Feet

Whether moving from a house to an amenity-full condo building or swapping the suburbs for the city, there are plenty of reasons my clients find themselves in the market for a Chicago luxury condo.

And with a condo search almost always comes this requirement: plenty of space. Even if they are downsizing, I find that clients searching for a high-end condo want the square footage to go with it. The magic number is usually 3,000 square feet, which can be found in a number of Chicago condo buildings like Trump Tower, Lincoln Park 2550 and a number of co-op buildings along the prestigious Lake Shore Drive (plus many others).

That’s why I’ve created a new search on my website specifically for Chicago condos that meet the 3,000 square foot requirement many of my clients have. Each of the for-sale condos listed here have that minimum square footage, and you can search by budget range as well.

Search Chicago condos with more than 3,000 square feet

Even if you aren’t immediately in the market for a new home, it’s a great way to see the size-to-price relationship for luxury properties and use that when determining your own budget or space needs. And if you are currently in the market for Chicago real estate, this is a great place to start and avoid sifting through properties that don’t meet your square footage requirements.

You can also save your search to ensure you’ll receive updated listings right to your inbox.

Check out the new search right here, and be sure to contact me for more information at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Living in a Chicago Luxury Condo Right Near the Art Institute

CHicago real estate near the Artt InstituteWhen it comes to urban living, it’s hard to beat a downtown Chicago condo. For starters, many of luxury condo buildings bring the best of both worlds—upscale amenities of luxury city living, with all the square footage you might miss from the suburbs. Plus, you’re in the heart of everything the city has to offer—culture, shopping, great food, the city’s landmarks.

One of those jewels of the city is Chicago’s Art Institute, located near Millennium Park on the east side of the downtown loop. Not only is there plenty to do in this area, there are a number of Chicago real estate options that put it all just a few steps from your front door.

The Art Institute Getting a Big Upgrade

The Art Institute is on the verge of being better than ever, having just received a gift of 42 pop art works from the likes of Andy Warhol, Jasper Johns, Roy Lichtenstein and others. The gift is valued at roughly $500 million combined. The Warhol collection alone will bring in 9 silk screens, adding to one single Warhol painting.

It’s the largest gift in the 136-year history of the Art Institute. It’s also a huge addition to the museum’s contemporary collection, putting it on par with its signature impressionist pieces. The works range from abstract 1940s and 1950s pieces to 1960s pop art and are set to be installed at the end of this year and ready for public viewing in January 2016.

Chicago Real Estate in the Center of City’s Culture

The Art Institute is only one of the major attractions found near downtown Chicago real estate. Other gems in this neighborhood include:

Chicago Symphony Center: Consistently hailed as one of the greatest orchestras in the world, the Chicago Symphony Orchestra performs more than 100 concerts each year right here in downtown Chicago.

Millennium Park: Along with a garden and winter ice skating rink, Millennium Park is home to several architectural wonders. One is Cloud Gate, the mirrored sculpture that’s quickly become one of the city’s most loved attractions. You’ll also find the Pritzker Pavillion, an architectural bandstand designed by Frank Gehry as a coveted destinations for outdoor musical performances.

Maggie Daley Park: Still under construction, this new park will be named after Chicago’s longtime first lady, and will include an interactive skating rink, a field house, climbing park and much more to make it the ultimate destination for play in downtown Chicago.

Theaters: The Chicago Theatre and the Cadillac Theater are a few nearby hot spots for seeing everything from Broadway to standup comedy.

Finding Chicago Real Estate for the Art Enthusiast

Something else to consider with the idea of being close to art is finding the right real estate in Chicago for an art collector themselves. I’ve worked with a number of collectors and art enthusiasts to find a property that accommodates their collection, whether it be a single statement piece on the wall or a major sculpture collection.

I am also connected to one of the most prestigious lighting experts in the city, who can work with you on hanging and properly lighting your most precious pieces, from small to larger collections.

Chicago real estate truly has something to offer for every taste and interest (such as art), and I would be happy to help you find a property that’s the perfect fit for you and your family. Contact me at (312) 498-5080 or email me at ssalnick@dreamtown.com.

Buyers Primarily Purchasing Luxury Chicago Condos with Cash

For the second consecutive month, cash buyers were the stars of the show when it came to luxury Chicago condo sales. Four out of the top five most expensive homes sold were bought with cash, something sellers should certainly take note of.

April’s condo sales are further evidence that downtown Chicago is where buyers want to be. And not just anywhere downtown—luxury buyers are still gunning for new or newer properties with ample square footage in buildings with loads of amenities to offer.

Buildings like the Ritz-Carlton Residences and Lincoln Park 2550 continue to make appearances on each month’s sales report. These buildings are moving because many high-end clients have realized the value of luxury real estate in Chicago compared to other parts of the country and the world. Here, the cost per square foot is relatively inexpensive—a maximum of $1,200—whereas upscale properties in New York or San Francisco are priced upwards of $3,000 per square foot.

Buyers are also drawn to condos with the space of a single-family home. Luxury condos with more than 3,000 square feet move quickly, as buyers don’t want to sacrifice space if they are moving from a house to a condo or into the city from the suburbs.

Each of the top 5 sales for April demonstrate these key features on today’s buyers’ wish lists. Here’s a detailed look at each sale, in descending order:

118 E Erie St, Unit 37J
Original list price: $4,333,200
Sold price: $3,901,700
The most expensive Chicago condo to sell in April was none other than a unit in the Ritz-Carlton Residences, a favorite among high-end buyers in the last year or so. And this property sold in just three days. This condo was partially finished, allowing the new resident to design certain aspects of the home to their liking. This 89-residence tower is in the heart of the Magnificent Mile, with the private Landmark Club that includes a grand salon, a staff chef, a staffed bar, wine storage, movie theatre, full-time staff and athletic and spa facilities.

2550 N Lakeview, Unit N1701
Original list price: $3.95 million
Sold price: $3.4 million
Lincoln Park 2550 continues to be one of luxury buyer’s favorite buildings this year. This Chicago condo in particular is a rare combination unit spanning more than 3,500 square feet. Breathtaking views of Lake Michigan, Lincoln Park and the city skyline can be enjoyed from inside or either of 2 balconies. The home is fitted with the latest technology, with high-tech upgrades and state-of-the-art systems. The building itself features a number of sought-after services and amenities, including a superb fitness center, a ¼-acre private park, and an outstanding lobby. Plus, this is one of the latest projects from famed Chicago architect Lucien Lagrange.

30 W Oak Street, Unit 8B
Original list price: $3.15 million
Sold price: $3.25 million
Spanning more than 3,300 square feet, this Gold Coast home is an immaculate 3 bedroom, 3.1 bath with 10-foot ceilings, floor-to-ceiling windows and custom stone floors. The kitchen has undergone major upgrades with Poggenpohl designs, Miele appliances, a butler’s pantry and organized storage. A spacious terrace off of the kitchen makes a great addition for entertaining. The master bath features built-ins, and organized walk-in closet and ultra-luxe master bath with an oversized shower, separate tub and double sinks.

229 E Lake Shore Dr East, Unit 6W
Original list price: $3 million
Sold price: $2.9 million
This Lake Shore Drive co-op unit has been renovated into a stunning, high-end property from end to end. With 4 bedrooms and 3.5 spa baths, this home boasts elegance in a luxury, full-service boutique building. Inside you’ll find breathtaking lake views, exquisite architectural detailing, a new DeGullio kitchen, new windows and three fireplaces.

415 E North Water St., Unit 802
Original list price: $2.8 million
Sold price: $2,805,000
In a highly coveted building, this rare Chicago condo in River View has been upgraded to the nines. This 4,705 square foot condo is flooded with sunlight and opens up to amazing city, river and lake views. Inside features a huge dining room with gorgeous built-it wine fridge, a master suite with an office/sitting area, 2 large organized closets and a luxury bath. The 3 bedrooms are large and each features its own private balcony, with 4 balconies in total.

As spring and summer arrive, it’s the perfect time to check out the Chicago condos in some of these great buildings. Many offer both private and shared outdoor space that can be truly appreciated after the city’s long winter! To learn more about these sales or any of the buildings featured in last month’s sales, contact me at ssalnick@dreamtown.com or (312) 498-5080.

Upper-Bracket Luxury Condo Sales in Chicago Were Gangbusters in February

For the third consecutive month in what is often a slow period for Chicago real estate, condo sales in the city have soared, with $90 million in luxury units sold during the month of February.

Chicago saw 54 luxury condos sold (I define “luxury” condos as those sold for $1 million and above). In fact, last month’s sales went all the way up to $4.850 million, with 54 condos sold for a total of $90.9 million. A number of ultra high-end units contributed to that number, as 14 of the luxury condos sold for over $2 million. For a more detailed look at last month’s Chicago condo sales, email me for photos and a list of the top sales.

From the ‘Burbs to a Chicago Condo

I’ve noticed with many of my own clients and on the market in general that many folks are selling their large homes in the suburbs for a condo in the city. Many Chicago condo buildings require a large upkeep, plus there has been a large increase in local taxes. People are also evaluating other conveniences like a commute and access to entertainment and services, and many have realized that relocating into the city puts these things right outside your front door. Plus, many buildings offer amenities and services that make the day-to-day easier on all of its residents by having staff available at a moment’s notice.

Here’s a look at what buildings were popular among luxury buyers last month:

Chicago real estate at Park Tower 800 Michigan Avenue800 N Michigan Avenue, Unit 3501
Original list price: $6 million
Sold price: $4.85 million
Spanning a whopping 5,250 square feet, this Chicago condo is elegance and luxury at its finest. This 35th floor unit offers magnificent sweeping views to the east, south and west. The interior boasts custom cabinetry, hardwood floors, a kitchen with island and breakfast bars, and a media room with drop-down screen and surround sound. The master suite also includes two large walk-in closets.

6 N Michigan Avenue, Unit 1901
Original list price: $4.75 million
Sold price: $3.9 million
The size and space in this unit lives more like a single-family home than a condo, but with all the perks of living in the city. A 4-bedroom penthouse with 6,400 square feet overlooking Millennium Park, this Chicago condo offers some of the most spectacular views in the city. Formerly the Montgomery Ward Observatory, it features four floors of living space, 20-foot ceilings and 2,000 square feet of outdoor terrace space. Its restoration of the vintage building beautifully blends vintage elegance with today’s transitional style.

118 E Erie Street, Unit 33E
Original list price: $3,387,426
Sold price: $3,387,42
Located in the Ritz-Carlton Residences right off of Michigan Avenue, this 2-bedroom condo offers 2,700 square feet on the building’s 33rd floor. The Ritz-Carlton Residences have quickly become one of the most sought-after luxury buildings in Chicago, with its five-star staff, award winning design, and private Landmark Club with its own private art collection.

Chicago real estate at Park Tower 800 Michigan Avenue800 N Michigan Avenue, Unit 4001
Original list price: $3.499 million
Sold price: $3 million
This 2-bedroom unit in downtown Chicago’s Park Tower is totally customized with concrete and wood floors, extensive cherry built-ins and no detail left undone. Technology upgrades like a Lutron light system and Creston audio/visual enhance the interior, along with fabulous east views from every room. Residents here can take advantage of all of the hotel services at the neighboring Park Hyatt Hotel.

415 E North Water Street, Unit 2205
Original list price: $2,999,900
Sold price: $2.85 million
A fairly new unit, this Chicago condo was redone in 2012 with fine new finishes, woods, stones, tiles, trim, updating, surround speakers, lighting and more. This 24th-floor unit boasts 4 balconies with 180-degree views, while the building itself features a newly decorated common area, health club and all building amenities.

The market for luxury Chicago condos has been surprisingly strong this season. Buyers continue to flock to high-end, service-driven buildings with offerings that can’t compare to a suburban home. If you’re in the market for a condo, I think it’s very important to take a look at the previous month’s sales to learn more about popular buildings and what certain types of units are selling for.

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

Finding The Best of the Best: Concierge Services in Chicago Luxury Condo Buildings

Many of the luxury Chicago condo buildings we’ve discussed on this blog are more than a notable address or well-known piece of architecture in the city. Living in these buildings means having access to exclusive amenities and services, and many include a concierge that treats each and every resident like a guest at a hotel.

But there are some buildings that even go far beyond basic concierge service. We’re not talking about hailing a cab or making dinner reservations—but what I call extended concierge services that can include anything that will help make life easier for even the most discriminating resident. Things like:

• Organizing vacations
• Assistance in emergency situations
• Stocking refrigerators
• Throwing parties
• Working with executive assistants
• Coordinating dinners, events, meetings, etc.
• Home staging
• Unloading groceries
• Putting away dry cleaning/laundry
• Special/unique requests that go beyond the “call of duty”

Extended concierge services are perfect for executive-level individuals like CEOs, chairmen or hedge fund managers who simply don’t have time to take care of the small things but want to ensure they are handled appropriately. Sometimes these are everyday tasks, other times not-so-everyday. These things are handled by the building staff (often around the clock) and are much like having the finest hotel services right outside your own home. And many of these services come gratis—just a perk of living in one of Chicago’s best luxury buildings.

Since these services have become more personalized and detailed than ever the staff of luxury condo buildings have to become a bit of a one-stop shop. They could go from party planner, to errand runner, to home decorator within a day’s time.

Finding a Chicago Condo for your Concierge Needs

I’ve worked with many clients who can’t live without services, and rely on them for both big and small tasks. They want to be spoiled, and have peace of mind about their to-do list. Extended concierge services fill that void, and therefore the availability of these services is becoming a major factor for luxury buyers who are shopping Chicago condos.

I’d be happy to review with you the various services that are available at various Chicago condo buildings. When I work with a client who is looking for services such as this, I like to sit down with them to “interview” them about their specific needs and wants. From there, I can recommend a building that would be most appropriate for them to consider.

It’s important to note that I hold such meetings on a confidential basis. This is a key aspect of how I work with a client who requires this type of services. For famous/well-known clients, I’m always willing to sign a confidentiality agreement before discussing anything.

If you’re looking for Chicago luxury condos that offer this type of service to its residents, give me a call. I’d love to introduce you to some of my favorite buildings that cater to every need of its residents and make them feel like a VIP day in and day out. Contact me at (312) 498-5080 ssalnick@dreamtown.com.