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    Chicago Luxury Real Estate Market Winners

    First Five Months of 2019 Chicago Gold Coast Outperforms River North, West Loop, and Lincoln Park

    chicago luxury real estate gold coast

    For condominiums, co-ops, or town-homes that are located in buildings with eight or more units and with sales price points equal to or above $1,200,000, Chicago Gold Coast was the clear winner in the first five months of 2019. During this time-frame:

    Chicago Gold Coast saw 46 units sold with median/average sales prices of $1,835,000/$2,710,026, a maximum sold price of $11,274,395 (at 9 West Walton), and total sales volume of $124,661,176. Search here for Chicago Gold Coast properties starting at $1.2 million.

    Comparatively, Chicago River North had 11 units sold with median/average sales prices of $1,890,000/$1,842,227, a maximum sold price of $2,785,000 (at 401 North Wabash), and total sales volume of $34,599,756. Search here for Chicago River North properties starting at $1.2 million.

    Similarly, Chicago West Loop saw eight units sold with median/average sales prices of $1,787,500/$1,761,368, a maximum sold price of $2,575,000 (at 111 South Peoria), and total sales volume of $14,090,947. Search here for Chicago West Loop properties starting at $1.2 million.

    Finally, in Chicago Lincoln Park there were 17 properties sold with median/average sales prices of $2,162,500/$2,174,588, a maximum sold price of $4,350,000 (at 2550 North Lakeview), and total sales volume of $36,968,000. Search here for Chicago Lincoln Park properties starting at $1.2 million.

     


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    Market statistics and information compiled by Anne Ewasko and Eric Bryn of Lux Home Chicago. This compilation of market statistics and information is deemed reliable but is not guaranteed accurate by the MRED MLS, Lux Home Chicago, or Baird & Warner.

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