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Do You Have a $10,000 Budget For Rent?

According to Chicago Curbed:

Although Chicago’s most expensive real estate is a long shot from the exorbitant sale prices seen in New York, San Francisco and Miami, the Windy City does have some big spenders. And perhaps not too surprisingly, a majority of the city’s most expensive residential buildings are located along the Magnificent Mile and within the Gold Coast — two of the city’s wealthiest areas. Broker Fran Bailey kept track of last year’s priciest condo sales and after crunching the numbers came up with a list of the ten most expensive residential buildings in Chicago by median sale price. Bailey’s top ten list only included buildings that had at least two sales that were publicly listed. Bolstered by big purchases last year, three of the most expensive buildings had median sale figures of $3 million or more, with the Waldorf Astoria remaining the top dog for a third year in a row.

WALDORF ASTORIA CHICAGO
11 E WALTON ST, CHICAGO, IL 60611
(312) 646-1300
Map data ©2015 Google
Mapping the 10 most expensive residential buildings in Chicago
Last year, the Waldorf Astoria took the top spot for the priciest residential buildings in Chicago with a median sale price of $3.65 million. In her list, Bailey notes that this is the third year in a row that the Waldorf Astoria topped the list of most expensive buildings in Chicago.
30 WEST OAK
Coming in second place on the list is 30 W Oak with a median sale price of $3.125 million. Last year the building ranked third in the city.
PARK TOWER
Taking the third spot at $3 million on the dot is 800 N Michigan Ave. The building is also one of three in the city with median sales figures of $3 million or more.
50 EAST CHESTNUT
Climbing one spot to fourth place this year is 50 East Chestnut with a median sale price of $2.946 million last year.
77 EAST WALTON
Yet another tower along the Magnificent Mile makes the list with 77 E Walton taking fifth place at $2.56 million.
Wedged right in between two other towers on Lake Shore Drive lies the sixth priciest residential building with a median sale price last year of $2.425 million.
RITZ CARLTON RESIDENCES
The name Ritz-Carlton is synonymous with pricey, and this residential building has some of the most expensive units in Chicago. Last year it had a median sale price of $2.4 million.
1325 NORTH ASTOR
The Astor-Banks building fell from second place in 2013 to eighth place in 2014 with a median sale price of $2.36 million.
840 NORTH LAKE SHORE DRIVE
Big spenders get spacious units with incredible lake views in this lakefront building that had a median sale price of $2.3 million last year.
2550 NORTH LAKEVIEW
The only building outside of the Mag Mile, Streeterville and Gold Coast area to make the list is 2550 N. Lakeview in Lincoln Park. Last year the building had a median sale price of $1.965 million.

·The 10 Most Expensive Chicago Residential Buildings in 2014

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Tim Padavic
Editor-in-Chief