Category: Chicago expensive homes

How The Chicago Luxury Home Market Really Compares To The Suburbs

How The Chicago Luxury Home Market Really Compares To The Suburbs
The demise of the Chicago luxury home market is greatly exaggerated. Last week Crain’s ran this story on area luxury home sales: Luxury home sales skyrocket in suburbs, dip in city. The article led with the fact that home sales above $1 MM were down 7% in the city and up 40% in the suburbs... Read more »

$25 MM Villa Taj Mansion In Burr Ridge Now On Sale For Only $5 MM

$25 MM Villa Taj Mansion In Burr Ridge Now On Sale For Only $5 MM
It’s probably a stretch to call the intensely weird home in Burr Ridge, known alternately as Villa Taj and Palace Royale, a $25 MM mansion but that’s what it was initially listed for. And after 11 years – yes, that’s almost how long it’s been on and off the market – it is now available... Read more »

Chicago's Most Expensive Condo Sales Of 2019

Chicago's Most Expensive Condo Sales Of 2019
Once again high end Chicago home buyers (people looking to spend $4 MM+ on a home) showed a strong preference for condos over single family homes. A couple weeks ago I posted on the most expensive single family home sales of 2019 and there were only 9 of them. However, there were 29 condo sales... Read more »
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Chicago's Most Expensive Single Family Home Sales Of 2019

Chicago's Most Expensive Single Family Home Sales Of 2019
If I thought the high end of the Chicago single family real estate market was tepid in 2018 then 2019 was actually pretty cold. I define the high end as anything over $4 MM and there were only 9 of those sales last year compared to 14 in 2018. And Chicago’s most expensive home sold... Read more »

Chicago's Most Expensive Condo Sales Of 2018

Chicago's Most Expensive Condo Sales Of 2018
Last week I looked at Chicago’s most expensive single family home sales of 2018 and last year was a bit stronger at the high end than 2017 – 14 homes sold above $4 MM vs. 11 the year before. However, now I’m turning my attention to the most expensive condo sales of 2018 and last... Read more »

Chicago's Most Expensive Single Family Home Sales Of 2018

Chicago's Most Expensive Single Family Home Sales Of 2018
You may have heard that the high end of the Chicago real estate market was really smoking hot in 2018 but the reality was a bit more tepid. Don’t get me wrong. 2018 appears to have had more uber-expensive activity than 2017 with 14 home sales above $4 MM (my arbitrary cutoff) compared to 2017’s... Read more »
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Chicago's Most Expensive Home Sales Of 2017: Condos

Chicago's Most Expensive Home Sales Of 2017: Condos
As a follow up to Tuesday’s post on Chicago’s most expensive single family home sales of 2017 I’m looking at the most expensive condo sales today. In both 2015 and 2016 the most expensive condos actually sold at higher prices than the most expensive single family homes. Technically that’s still true for 2017 thanks to... Read more »

Chicago's Most Expensive Home Sales Of 2017: Single Family Homes

Chicago's Most Expensive Home Sales Of 2017: Single Family Homes
At the beginning of each year I look back at Chicago’s most expensive home sales from the previous year to provide a sense of the high end housing market, starting with the sale of single family homes. Somewhat surprisingly, despite a booming economy and stock market, it doesn’t look like the high end was really... Read more »

Citadel's Ken Griffin Buys Most Expensive Chicago Area Home Ever

Citadel's Ken Griffin Buys Most Expensive Chicago Area Home Ever
I was clearly born too early. 15 – 20 years later and I could have gone into the hedge fund business with my physics and math background and my interest in the financial markets. Then maybe today I would be plopping down $58.75 MM for the top 4 floors of 9 W Walton like Ken... Read more »
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Can This Monster West Town Mansion Sell For $7.78 MM?

Can This Monster West Town Mansion Sell For $7.78 MM?
On Friday this incredible Chicago mansion hit the market with a list price of approximately $7.78 MM. However, by Saturday afternoon it had been taken Temporarily Off The Market but the virtual tour is still out there and I’ve embedded it below. Aside from the fact that the home is absolutely spectacular what makes this... Read more »