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+ | $3M - $5M | $2M - $3M | $1.8M - $2M |
$1.6M - $1.8M | $1.4M - $1.6M | $1.2M - $1.4M | $1M - $1.2M |
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