Chicago’s priciest residential sales inch higher last week

Three townhomes and 2 condos combined for over $14M

TRD CHICAGO /
Apr.April 06, 2020 01:00 PM
 800 North Michigan Avenue and 2263 North Janssen Avenue (Credit: Google Maps)

800 North Michigan Avenue and 2263 North Janssen Avenue (Credit: Google Maps)

Chicago’s luxury residential market is on a slight upswing despite the coronavirus’ crippling effect.

The five priciest homes that sold last week combined for $14.4 million, the third consecutive week that the total has increased .

The deals came the same week that Gov. J.B. Pritzker extended the statewide stay-at-home order through April, which has made new business far more difficult. Brokers around Chicago have mostly stopped in-person showings and now conduct virtual tours.

At the top of the list last week was a 23rd-floor condo in the Park Tower on the Near North Side, which sold for $4.3 million. Another Near North Side condo, this one on the 36th floor of the Carlyle tower, also made the list.

Three townhomes were among the priciest sold, including a 6,000-square-foot residence in Lake View that was built in 2014 and a 4,800-square-foot Lincoln Park home built in 1889.

Price and property details were found on Redfin, from March 30 to April 3.

800 N. Michigan Ave. #2301 | $4.3M | Near North Side

This 3,200-square-foot unit condo in the Park Tower high-rise has three bedrooms and 3.5 bathrooms. The deal worked out to $1,317 a foot for the 23rd-floor unit in a building that was constructed in 2000. Amenities include hardwood floors and a fireplace. Deanne Thomas of Deanne Thomas Luxury Properties had the listing and also represented the buyer.

3639 N. Magnolia Ave. | $2.6M | Lake View
This 6,000-square-foot townhouse has seven bedrooms and seven bathrooms. Built in 2014, it includes an attached garage, large walk-in and separate butler’s pantry leading to an eat-in kitchen. Amenities include a marble/butcher block island in the kitchen, a walkout patio and laundry room. The deal worked out to $433 a foot. Compass’ Jeff Lowe and Joy Larkin had the listing. Barbara O’Connor of Dream Town Realty represented the buyer.

1040 N. Lake Shore Dr. #36BC | $2.5M | Near North Side
This 5,000-square-foot condo on the 36th floor has four bedrooms and 4.5 bathrooms. The deal worked out to $505 a foot for this unit in the Gold Coast. The high-rise, called the Carlyle, was built in 1964. Amenities include floor-to-ceiling windows and white oak plank hardwood floors. There is a lake-facing balcony, and the unit includes modern appliances. The building features a rooftop sundeck, indoor lap pool and ballroom. Natasha Motev of Jameson Sotheby’s International Realty had the listing and Michael Rissman of Berkshire Hathaway HomeServices Chicago represented the buyer.

2338 N. Geneva Terrace | $2.5M | Lincoln Park
This 4,800-square-foot townhouse was built in 1889, and has six bedrooms and 5.5 bathrooms. The deal worked out to $522 a foot. It features oversized windows and skylights, with 10-foot ceilings and a glass staircase. The custom kitchen has a Carrara marble island. There is a backyard and covered back deck, along with a two-car garage. Jeff Lowe of Compass had the listing and represented the buyer.

2263 N. Janssen Ave. | $2.5M | Lincoln Park

This 5,449-square-foot corner lot house has six bedrooms and 6.5 bathrooms and was built a decade ago. The sale penciled out to $450 a foot. There is a floor-to-ceiling stone fireplace along with updated appliances and an eat-in-kitchen. There are also rooftop decks and a den. The property has an enclosed yard with two roofdeck, and an outdoor fireplace. Brant Booker of Jameson Sotheby’s International Realty had the listing and the buyer was represented by Emily Sachs Wong of @properties.


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