While reviewing 2011 downtown Chicago condo sales statistics I ranked the median sale price for each building. Only condo buildings that had at least 2 sales recorded in Chicago’s multiple listing service (MRED) that closed in 2011 were included in the rankings. Only listed sales were used in determining median sale price for a building.
To make the top 10 in the rankings for 2011 a condo building needed a median sale price of over $1.5M. Not surprisingly most of the buildings that made the top 10 in the rankings were in the Gold Coast. However, the most expensive building was 840 N Lake Shore Drive in Streeterville.
THE 10 MOST EXPENSIVE DOWNTOWN CHICAGO CONDO BUILDINGS IN 2011
|RANK||CONDO OR CO-OP||2011 MEDIAN SALE PRICE||NEIGHBORHOOD|
|1||840 N Lake Shore Drive||$3,447,500||Streeterville|
|2||11 E Walton - The Elysian||$3,150,000||Gold Coast|
|3||50 E Chestnut – Fifty East||$3,075,000||Gold Coast|
|4||800 N Michigan - Park Tower||$2,997,500||Gold Coast|
|5||77 E Walton - The Residences at 900||$2,435,000||Gold Coast|
|6||132 E Delaware||$2,250,000||Gold Coast|
|7||159 E Walton - The Palmolive||$1,800,000||Streeterville|
|8||1040 N Lake Shore Drive - The Carlyle||$1,750,000||Gold Coast|
|9||30 W Oak||$1,600,000||Gold Coast|
|10||180 E Pearson - Water Tower Place||$1,575,000||Streeterville|
CHICAGO LUXURY CONDOS FOR SALE
Click below to see Chicago luxury condos for sale by price range.
|$5M & Above||$3M to $5M||$2M to $3M||$1.8M to $2M|
|$1.6M to $1.8M||$1.4M to $1.6M||$1.2M to $1.4M||$1M to $1.2M|
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