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Follow on Google News | Luxury Chicago Real Estate Continues to Sell in June with 30 Detached Home SalesThe luxury market for Chicago real estate continued to do well in June, with sales ranging from $1 million to $4.5 million.
By: Sheldon Salnick Overall, the luxury Chicago homes sold in June were in great locations in their respective neighborhoods. It’s interesting to note that 26 of the homes sold were found in sought-after neighborhoods: At 738 W Belden in Lincoln Park, this 5,000 square foot, Chicago new construction property was appraised for $2.5 million. But it actually sold for $1.5 million, making it an incredible deal in Chicago real estate. This 4 bedroom/4.1 bath also included 10-foot ceilings, classical finishes, a custom kitchen and an 18-by-18 foot terrace. Another home at 1814 N Burling sold for $200,000 less than its asking price. This Chicago home is certainly unique to the market—it’ At 1021 W Lill, a breathtaking 4-bedroom/2- The property at 2668 N Geneva Terrace boasts a unique, extra-large corner lot at 26.02 feet by 126.72 feet. A highlight of this home was again an all-too-uncommon enclosed breezeway, in addition to extensive built-ins, an enormous kitchen and wonderful natural light. Sold for $1.825 million, this home also has a penthouse level with two outdoor decks and a sky-lit recreation room. Finally, the most expensive home that sold in June was at 1358 Dearborn, which sold for $4.5 million, after an original listing price of $5.25 million. This Gold Coast home was completely renovated on its 23 foot x 150 foot lot. It also features 13-foot expansive ceilings, a 3-car heated garage, high bedrooms and four—four!— From unheard-of amounts of outdoor space, to breezeways, to lot sizes and upgraded finishes, the homes that are selling on the market now each have something that makes them anything from a run-of-the-mill Chicago home for sale. Seeing the Chicago real estate that recently sold gives buyers a great look into what’s on the market and what types of Chicago homes will maintain their value by differentiating from what else is on the market. To see a list of all the homes that sold in June or to see what unique properties are available now, contact me at 312-264-5853, by email at ssalnick@rubloff.com or visit http://www.sheldonchicago.com/ End
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