CHICAGO LUXURY HOMES FOR SALE

Click below to see Chicago luxury homes for sale by price range. You can narrow the results by internal and external features. Pending sales are excluded.

$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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Below are our most recent Chicago luxury homes articles:

4801 S Ellis Ave – Chicago mansion for sale

4801 S Ellis Ave Chicago IL Photo May 23, 2013

Last week I toured the mansion for sale at 4801 S Ellis Ave in Chicago’s Hyde Park – Kenwood Historic District. The home was designed by Chicago architect Horatio Wilson. Wilson built a home for himself just one block to the south of 4801 S Ellis. Click to continue...

Chicago ultra-luxury home sales down in Q1

Click to see full chart May 11, 2013

Only 5 listed ultra-luxury Chicago homes were sold in the 1st quarter down 44.4% from 1st quarter 2012. It was the lowest number of homes sold for $3,000,000 or higher in the past several years. Click to continue...

No Chicago mansions sold in Q1

Click to see full chart May 7, 2013

In the first quarter there were no sales of listed mansions in Chicago. For the past 3 years there have been an average of 3 houses sold in Chicago with a minimum of 8,000 SF. Click to continue...

Chicago luxury homes for sale down over 23% in 1Q

Click to see full chart April 25, 2013

The number of listed Chicago homes for sale for $1M or higher in the 1st quarter was down 23.7% from 1st quarter 2012. There were 928 Chicago luxury homes for sale compared with 1,217 a year earlier. The percent of distressed sales (short sales and foreclosures) dropped from 2.9% of the inventory to 1.6%. Click to continue...

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

Near North Side April 9, 2013

5 facts about million dollar homes in Chicago. #3 About 50 million dollar homes in Chicago have property taxes of less than $10,000 a year! Click to continue...

Chicago luxury condos for sale down, sales up in Q1

Click to see full chart April 7, 2013

The inventory of listed Chicago luxury condos for sale continues to drop. There were 480 condos for sale in Chicago priced $1 million or higher in the first quarter down 24.4% from first quarter 2011 when there were 635 luxury condos for sale. Click to continue...

1301 N Astor co-op apartments for sale

1301 N Astor Photo March 30, 2013

Co-op apartments are for sale at 1301 N Astor in Chicago’s Gold Coast. Here’s a review of the building along with photos and details of all apartments for sale. None are my listings. Click to continue...

Chicago 17th on Knight Frank 2013 Wealth Report

Knight Frank Wealth Report March 24, 2013

Today’s Chicago Tribune included an article by Mary Umberger on Knight Frank’s 2013 Wealth Report. Knight Frank is a global real estate consultancy. Their 2013 Wealth Report covers prime (ultra-luxury) property markets and the attitudes of high net worth individuals (HNWIs) towards property. HNWIs have minimum net assets of $30 million. Click to continue...

Chicago luxury short sales & foreclosures for sale

Payment Record Document March 19, 2013

Last week on ChicagoRealEstateDaily.com David Lee Matthews wrote about Cook County’s largest foreclosures in 2012. Most of them were in the suburbs, but there were a couple of foreclosures (also known as REOs) in the $2M+ price range in Chicago. Click to continue...

1540 North Lake Shore Drive co-op apartments for sale

Click to see photos & details of all co-op apartments for sale at 1540 N Lake Shore Drive March 14, 2013

Vintage co-op apartments are for sale at 1540 N Lake Shore Drive in Chicago’s Gold Coast. Here’s a review of the building and the apartments I’ve previewed or shown along with photos and details of the other apartments for sale. None are my listings. Click to continue...

Chicago homes with an elevator for sale

Elevator Button March 9, 2013

The number of Chicago homes for sale with an elevator is increasing. There are currently over 30 for sale. In 2012 34 such homes sold. In 2011 only 16 sold. Click to continue...

Chicago ultra-luxury homes for sale down, sales up in 4th quarter

Click to see full chart March 2, 2013

The number of listed Chicago homes for sale priced $3M or higher in the 4th quarter was down 5.3% from 4th quarter 2011. There were 126 Chicago ultra-luxury homes for sale compared with 133 a year earlier. There were no distressed sales (short sales and foreclosures). Click to continue...

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