5 things you didn’t know about million dollar homes in Chicago

Here are 5 facts about million dollar homes in Chicago with all million dollar homes for sale in Chicago. Schedule a showing online!

  1. There are over 450 million dollar homes currently for sale in Chicago.* Inventory is down over 40% from 2 years ago.
  2. The area of Chicago with the most million dollar homes for sale is the Near North Side with roughly 43% of the inventory. Within the Near North Side the Gold Coast neighborhood has the most followed by Streeterville.
  3. About 50 million dollar homes in Chicago have property taxes of less than $10,000 a year! About 20 of them have property taxes of less than $5,000!
  4. Most (64%) have at least 4 full bathrooms. 22% have at least 5 full bathrooms.
  5. Spending $1 million dollars or more on a home in Chicago is no guarantee you’ll get parking. A parking spot is extra for many of the million dollar condos. About 20 million dollar homes have no parking at all!
Chicago's Near North Side

The Near North Side has the most million dollar homes in Chicago.

CHICAGO MILLION DOLLAR HOMES FOR SALE

Click below to see Chicago million dollar homes 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

SCHEDULE SHOWINGS or GET A FREE MARKET ANALYSIS

Email me to
schedule showings for any listings
get a free market analysis for your home
or
request additional information

*based on MRED (Midwest Real Estate Data)

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ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

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