Chicago luxury condo sales show no sign of slowing down. 2 of the top sales were at 1500 N. lake Shore Dr. a building that only allows cash sales, no financing. This month there were 36 homes closing above $1 million dollars in the downtown Chicago neighborhoods, as compared to 26 last month. The top 5 sales in the month of May included another sale at the Trump building (401 N. Wabash) and a penthouse at The Legacy (60 E. Monroe). If you are looking for a luxury Chicago condo the 4 buildings below are worth a 2nd look.
Here are the top 5 highest priced condo sales for May 2013:
1. 1500 N. Lake Shore Dr. #22A Chicago, IL 60611
Elegant Jessica LaGrange renovation of one of 1500 LSD’s largest homes w/spectacular lake & skyline views.
Well-proportioned formal rooms perfect for entertaining. Paneled library. New open eat-in kit w/butler’s pantry. Oversized family rm. 4 large BRs & 5.5 baths including a generous master ste. Service oriented staff. Onsite gar. Cash only.
4 bedrooms, 5.1 baths, 6450 sq. ft.
Sold Price $5,000,000
Monthly assessments: $7,364.00/month, Taxes $68,103.20
2. 60 E. Monroe #6901 Chicago, Illinois 60603
The Legacy. Architecturally significant Tower by SCB. Ultimate Elegance. 1, 2, 3 & 4 BR units complete w/ Sub Zero, Snaidero, Bosch, Miele, Wolf & others. Dramatic Views of Park, Lake, & City. Featured Amenities: Sky Decks, Resident Lounges, Pool, Hot Tub, Steam Rooms, & Fitness. 24 HR Door Service & Concierge. Access to University Club Fitness. Home was sold as a vanilla box.
5 bedrooms/6.1 Baths, 4378 sq. ft.
Sold Price $4,950,000
Monthly assessments: $2999/month, Taxes $NEW
3. 1500 N. Lake Shore Dr. #7-8B Chicago, IL 60611
Renovated 4 BR, 4.5 bath apt overlooking the lake in premier service oriented cooperative. With 5,000+ sqft of living space on 2 levels, it lives like a home. Ideal for entertaining, the main level offers grand formal rms w/magnificent architectural details, a library w/wet bar & a de Giulio kitchen/family rm. All BRs are en suite. Large master w/FP dressing suite & walk-in closets. Onsite valet garage pkg. Cash only
4 bedrooms/4.1 Baths, 5000+ sq. ft.
Sold Price $4,200,000
Monthly assessments: $5269/month, Taxes $44,739.17
4. 401 N. Wabash #42A Chicago, Il 60611
Extraordinary opportunity to own this kind “a” tier north east unit on curve with the best views in trump tower. Only 9 in this tier walls of windows to amazing lake vistas & spellbinding views. Approx 4,000 sq ft includes 3 beds ensuite+ media room. Lavish mst suite w/his & her bths + amazing walk in clsts. Walnut hw flrs throut. Two parking spaces and storage included in price!
3 bedrooms/4.1 Baths, 3948 sq. ft.
Sold Price $2,925,000
Monthly assessments: $2453/month, Taxes $32,257
5. 50 E. Chestnut #1401 Chicago, Il 60611
Spectacular, just completed and available immediately. Large master suite w/two full bathrooms, 300 sq.ft. Walk-in closet. Upgraded kitchen w/snaidero cabinetry. Kitchen counter & full height backsplash in calcutta gold marble. Wolf/sub-zero, custom stained rift sawn oak floors, wool carpet in bedrooms, marble baths, two terraces garage spaces. Full floor residence.
2 bedrooms/3.1 Baths, 3904 sq. ft.
Sold Price $2,775,000
Monthly assessments: $2062/month, Taxes $NEW