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Chicago mansion pending sales up 400% in Q1

Chicago Mansions Pending & Sold 1st Qtr. 2011 - 1st Qtr. 2014 Chart

The number of pending sales for Chicago mansions in the first quarter rose 400% from first quarter 2013.* There were 5 houses with a minimum of 8,000 square feet with pending sales compared with 1 a year ago. Actual sales were also up. There were 3 mansions sold in the first quarter compared to 1 […]

Posted in: Chicago Luxury Homes, Chicago Mansions For Sale, Chicago Real Estate Market

Park Tower condos for sale

The Park Tower Photo

Here are the Park Tower apartments for sale in Chicago along with their location, building and unit information. Schedule a showing online! THE CONDOS Park Tower apartments have a condominium form of ownership. The high rise has primarily 2 and 3 bedroom condos. Cooking appliances are gas. Most, but not all units have a terrace. […]

Posted in: Chicago Gold Coast Condos, Chicago Luxury Condos, Downtown Chicago Luxury Condos For Sale

400 N Lake Shore Drive has an identity crisis

The Ohio Street Beach Photo

Last week I participated in a focus group of Chicago luxury real estate agents. A real estate marketing firm wanted our insights on the market for the Chicago Spire. The Chicago Spire is a proposed megatall, ultra-luxury condominium. Currently, it’s only a vacant lot with a large hole in the ground since construction was halted […]

Posted in: Chicago Luxury Condos, Streeterville Condos

Chicago luxury homes for sale up 2.9%, sold up 28.7% in Q1

Quarterly Inventory of Chicago Luxury Homes For Sale & Sold 1st Qtr. 2011 - 1st Qtr. 2014 Chart

The number of listed Chicago homes for sale for $1M or higher in the 1st quarter was up 2.9% from 1st quarter 2013.* There were 948 Chicago luxury homes for sale compared with 921 a year earlier. The percent of distressed sales (short sales and foreclosures) dropped from 2% of the inventory to 1%. In […]

Posted in: Chicago Luxury Homes, Chicago Real Estate Market

Chicago luxury condos for sale up 1.6%, sales up 33.8% in Q1

Chicago Luxury Condos For Sale, Pending & Sold 1st Qtr. 2011 — 1st Qtr. 2014 Chart

The inventory of listed Chicago luxury condos for sale in the first quarter rose for the first time in 6 years.* There were 500 condos for sale in Chicago priced $1 million or higher in the first quarter up 1.6% from first quarter 2013 when there were 492 such condos for sale. In January I […]

Posted in: Chicago Luxury Condos, Chicago Real Estate Market

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All content on this site with the exception of listings was written by Baird & Warner Realtor, Fran Bailey.

Fran Bailey, Realtor
Baird & Warner Real Estate

737 N Michigan Ave 1800
Chicago, IL 60611
Call: 773-793-4516
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