Luxury Homes in Lincoln Park, Illinois
Last year, Chicago luxury homes sold for $4 million or more. That’s higher than the six-year average of 51.5 sales. In the closest year, 2018, only 73 homes sold for that amount. Of this year’s sales, 19 were in new condo developments on the eastern side of the city. Ten of these homes sold for $4 million to $8 million in the St. Regis Tower on Wacker Drive and nine sold for that amount in the Tribune Tower on Michigan Avenue. Among those sold, a mansion in Lake Bluff sold for $4 million and $8 million.
Lincoln Park mansion
If you’re looking for the best of Chicago, luxury homes in Lincoln Park, Illinois, might be what you’re looking for. With a price tag of $1 million or more, there are lots of opportunities to buy a luxurious home, including many mansions for sale in the neighborhood. Listed below are a few luxury home listings in Lincoln Park. If you’re interested in a mansion in Lincoln Park, Chicago, Cook County, IL, make sure to visit Point2.
Two Gables Estate
Located in the upscale Lake Forest neighborhood, the elegant Two Gables Estate offers modern luxury living within a historic setting. The original house was built in 1880, but a recent renovation has made it as beautiful as it was when it was first built. The meticulous craftsmanship and unsurpassed elegance of the original home seamlessly blends with the modern amenities and infrastructure of the new property. A perfect floor plan ensures a relaxing and luxurious living experience.
Two Gables Estate penthouse
This historic Chicago home boasts five bedrooms, five full baths, and four partial bathrooms. Its expansive layout features over nine thousand square feet of space, including a rooftop terrace. The seller’s husband, an architect, took a position at the University of Chicago’s Smart Museum of Art, and recently returned to California. He didn’t finish the renovation plans, so the penthouse sits vacant. Still, it has tremendous potential. In the near future, the building’s designer-designed 1000M skyscraper will open parts of this penthouse. The penthouse unit will feature a private terrace and ample storage in the basement.
Gold Coast mansion
The owners of a Gold Coast mansion have decided to put it up for auction. The minimum bid is less than half of the $6.9 million asking price. The home was originally listed for $4.28 million, but was bought for more than $7 million two years ago. The owners spent $2.7 million on the rehab. A real estate agent, Rick Levin, said the home is “a rare find for a buyer looking to buy a Chicago mansion.”
Gold Coast co-op
The Gold Coast is one of the premier neighborhoods in Chicago. This neighborhood is comprised of high-rise apartment buildings south of Division Street, while Lake Shore Drive is lined with older co-op buildings. There are also quaint shops and low-rise condos on Oak Street, which overlooks the lake. This historic and upscale neighborhood offers a peaceful and cosmopolitan lifestyle. There are many reasons to choose a Gold Coast co-op home for sale.
At the Sky Residences in Chicago, residents are surrounded by the finest amenities available. These luxurious condos include indoor and outdoor swimming pools, fitness & training rooms, and private dining rooms. Residents also have access to the sky-high tower’s dog exercise area and wine storage. Built by renowned architect Helmut Jahn, the 95-story building is 6521 square feet in size and has 406 units.
The construction on the Vista Tower in Chicago is well underway, and the project is expected to reach completion sometime in 2020. The speculative price tag on the project is about $1 billion. The building is the largest Chinese real estate investment in Chicago, if not the country. Although the price of a unit in Vista Tower might be beyond the budget of the average Chicagoan, the project is sure to provide a bold new peak to the Windy City skyline.