Here are Chicago high rise condos for sale and information about neighborhoods where high rise condos are commonly found. Schedule a showing online!
Perhaps since the first skyscraper was built in Chicago, when many people think of Chicago condos they envision a high rise like Trump Tower Chicago or the John Hancock Building. However, most Chicago condos aren’t in high rises.
In Chicago’s multiple listing system a high rise is defined as a building with 7 or more stories. Mid rise buildings have 4 to 6 stories. Low rise buildings have at most 3 stories.
Not surprisingly, the most high rise condos for sale are in downtown Chicago. The Near North Side which consists of the Gold Coast, Old Town, River North and Streeterville neighborhoods has the most followed by the Loop. You’ll also find many high rise condos for sale in Lakeview.
CHICAGO HIGH RISE CONDOS FOR SALE
|$3M+||$2M - $3M||$1.5M - $2M||$1M - $1.5M|
|$900K - $1M||$800K - $900K||$700K - $800K||$600K - $700K|
|$500K - $600K||$400K - $500K||$300K - $400K||$200K - $300K|
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Chicago high rise condos for sale encompass a variety of styles including contemporary, mid-century and vintage. The one feature they all have in common is elevators in the building!
While elevators are a significant expense, the large number of units in high rises allows them to provide a variety of amenities that would be cost prohibitive in a low rise building. Many high rises have exercise rooms, party rooms, pools and other recreational facilities in addition to on-site management and dry cleaners.
The height of most apartments in high rises often gives them much more interesting views than in mid rise and low rise buildings. As such, views play a bigger role in the value of high rise condos in Chicago. Condos with views of Lake Michigan sell at a premium to comparable condos facing west. Condos on East Randolph facing Millennium Park sell at a premium to comparable condos facing north.
Downtown Chicago Condos for Sale
In addition, the higher up an apartment is the farther away it is from street noise. However, high rises are built in higher density areas that tend to have more noise.
One drawback of living high up in a very tall thigh rise is getting fogged in at times while your neighbors on lower floors still can see out their windows. This sometimes happens to friends of mine who live in the John Hancock Center. Some days it looks like they live inside a cloud. Living in such places also means it takes longer to come and go. A few taller high rises even require transferring from one elevator to a second.