Chicago Real Estate, Chicago Luxury Homes & Condos, Lincoln Park & Lakeview Luxury Condos in Chicago » chicago co-ops

Live Big: Chicago Luxury Homes With Impressive Living Space

Sheldon Salnick — Wed, 08 Apr 2009 17:00:40 +0000

If you’re looking at luxury Chicago homes for sale, why not go big? There’s a lot of Chicago real estate with large square footage, so you can spread out and have all the room you’ve ever wanted.All of the luxury Chicago homes listed below have at least 4 bedrooms. Many have libraries and media rooms as well. These luxury Chicago condos all provide the ultimate in luxury: on-site gyms and spas so you can be pampered any time you want.

Gold Coast 11 E. Walton
3,972 sq. ft.
Have your choice of luxury Chicago real estate on either the 33rd or the 49th floor. This is brand new construction designed by the noted architect Lucien LaGrange and is above the exciting, ultra-luxurious Elysian Hotel. If it’s expansive views that you want, you cannot beat the 180-degree lookouts of these units. Each has two terraces plus 10-ft. ceilings. You can enjoy all of the hotel amenities, including an indoor pool, concierge services and deluxe spa.

003 N. Dearborn Street
6,228 sq. ft.
Be among the first to live in one of the largest luxury Chicago homes in the city: These town homes are brand new. Located in Chicago’s prime Gold Coast neighborhood, this contemporary town home has four levels, Poggenpohl kitchens, custom wood flooring, stone baths and attached 2-car garage parking.

7 E. Delaware
4,700 sq. ft.
Live in a penthouse that takes up half of the floor with unobstructed north/east/west/south views of Lake Michigan and the city skyline. The ceiling to floor windows in this unit let you feast your eyes on the panoramic views. This prime piece of Chicago real estate has recently been gutted and completely renovated, with a state-of-the-art kitchen.

550 N. State Parkway
6,000 sq. ft.
This elegant historical Benjamin Marshall building allows you to enjoy the view of the park and the Cardinal mansion. This piece of Chicago real estate is a duplex, which is unique in this type of building. The building is certainly out of the ordinary: It has panache and the understated architectural grandeur of another era.

Streeterville 00 N. Lake Shore Drive
4,138 sq. ft. on the 23rd floor
,748 sq. ft. on the 11th floor feet
Anticipated to be the most elegant and iconic building in Chicago, the Chicago Spire is designed by the famous architect Santiago Calatrava. Architectural details on the interior will be as exceptional and intricate as those on the exterior.

80 Pearson
5,508 sq. ft.
In the Water Tower residences, there’s an exciting duplex on the northeast corner of the building. This home has superb views of the lake, the city skyline and Navy Pier. And, as in any great luxury Chicago condos, you have access to the luxury amenities: In this case, the Ritz Carlton Hotel and the Carlton Club.

Cathedral Area
5 E. Superior
4,974 sq. ft.
If you like penthouses, this townhome at the Fordham is all on one floor and you have the opportunity to have 6,200+ sq. ft. with 10- to 14-ft. ceilings of raw space to design as you choose, or a 7,000+ sq. ft. plus a 575 sq. ft. terrace. And private parking for 4 cars. Pure luxury.

Near North 01 N. Wabash
4,029 sq. ft. on the 86th floor
6,850 square feet on the 87th floor These luxury Chicago condos in the brand-new Trump Tower are one-of-a-kind: unprecedented lake, river and city views and extraordinary high ceilings. A luxury building that is sure to increase in value once it is totally occupied.

Lincoln Park
2520 N. Lakeview
4,891 and 5,129 and 5,131 sq. ft.
A variety of enormous spaces are available in this luxury Lincoln Park building. This is the ultimate new luxury Chicago real estate in Lincoln Park: It will have a 1.25-acre private park plus concierge, gym, spa, pool and private theatre. The building is designed by Lucien LaGrange on 3 acres in Lincoln Park with awesome views. These will be some of the few luxury Chicago condos in a neighborhood environment, right across from Lincoln park and the wonderful North Pond restaurant.

355 North Commonwealth Ave.
5,000 sq. ft. Co-op
This is a real family home located in Lincoln Park, right near the Lincoln Park Zoo, Lake Michigan and plenty of shops. This exceptional piece of Chicago real estate is a full floor with gracious, oversized rooms.

430 N. Lakeview
5,600 sq. ft. Co-op
There are two exceptional duplexes in this collection of luxury Chicago homes for sale, directly across from Lincoln Park. One on the 5th floor and another on the 11th floor.

450 N. Lakeview
8,000 sq. ft. Co-op
Another elegant vintage building that’s been restored to luxurious, modern specifications. The square footage takes up the entire floor of the building and this space is larger than most single family homes in the city. If you live in this piece of Chicago real estate, you’ll be directly across from Lincoln Park.

For floor plans or price information for any of these properties, please inquire at 312.264.5853.

Chicago’s Historic Treasures: Vintage Chicago Real Estate

Jacqueline — Fri, 31 Oct 2008 18:10:22 +0000

There is something about living in a vintage building lends a bit of classic glamour to your life, and these elegant Chicago condos and co-ops definitely fit the bill. Besides an old fashioned atmosphere and grace, Chicago’s vintage buildings often have an extra charm and grandeur that newer places sometimes lack, as well as more unique layouts and unusual touches like elaborate moldings and other decorative details.

Moreover, these vintage properties have a sense of history and a feeling that if those walls could talk, they would have hundreds of interesting stories to tell about the lives of their past residents and the city of Chicago itself. In fact, this can be one of the most intriguing reasons to choose to buy a vintage property over a newer building; the buildings on this list are certainly equal to even the most luxurious new construction. Buying vintage can also be considered environmentally friendly, since it doesn’t involve that same expenditure of fuel and resources that a new property does. After all, these sturdy buildings have been standing for years and will likely remain part of the Chicago cityscape for many more – many of them even pre-date World War II.

Many of Chicago’s neighborhoods are home to elegant vintage buildings, particularly the Gold Coast, Streeterville, Lakeview, and Lincoln Park. These properties have been renovated and turned into modern condos and co-op apartments, but they still retain that special vintage character. Furthermore, several of them are located on one of Chicago’s most elegant avenues, East Lake Shore Drive, the units facing north have some of the most spectacular views in the city. The list also includes three properties designed by Benjamin Marshall, the architect behind many Chicago’s landmark buildings.

Without further ado, here is the list organized by neighborhood:

East Lake Shore Drive

189 East Lake Shore Drive………………………………..Condo

199 East Lake Shore Drive………………………………..Co-op

209 East Lake Shore Drive………………………………..Co-op

219 East Lake Shore Drive………………………………..Condo

229 East Lake Shore Drive………………………………..Co-op

999 East Lake Shore Drive………………………………..Co-op

Streeterville

159 Walton………………………………………………………..Condo

223 Walton………………………………………………………..Co-op

233 Walton………………………………………………………..Co-op

Gold Coast

1120 Lake Shore Drive……………………………………..Co-op

1200 Lake Shore Drive…………………………………….Condo

1242 Lake Shore Drive…………………………………….Co-op

1430 Lake Shore Drive…………………………………….Co-op

1448 Lake Shore Drive…………………………………….Co-op

1500 Lake Shore Drive……………………………………Co-op

1540 Lake Shore Drive……………………………………Co-op

1300 State Street……………………………………………Condo

1320 State Street……………………………………………Co-op

1530 State Street …………………………………………..Co-op

1550 State Street……………………………………………Condo

1260 Astor Street…………………………………………..Co-op

1301 Astor Street…………………………………………..Co-op

1325 Astor Street………………………………………….Co-op

Lincoln Park

2130 Lincoln Park West……………………………………Condo

399 East Fullerton Ave…………………………………….Co-op

2430 Lakeview…………………………………………….Co-op

2440 Lakeview…………………………………………….Co-op

2600 Lakeview…………………………………………….Condo

Lakeview

2912 Commonwealth………………………………………Condo

2920 Commonwealth………………………………………Condo

431 Oakdale………………………………………………..Condo

3000 Sheridan Road………………………………………..Condo

3300 Lake Shore Drive…………………………………….Condo

3400 Lake Shore Drive…………………………………….Condo

3500 Lake Shore Drive…………………………………….Co-op

3520 – 3530 Lake Shore Drive…………………………….Condo

3750 Lake Shore Drive…………………………………….Co-op

3800 Lake Shore Drive…………………………………….Condo

Note: 199 East Lake Shore Drive, 1200 Lake Shore Drive, 1550 State
Street were all designed by Benjamin Marshall, the famous architect

Chicago’s Historic Treasures: Vintage Chicago Real Estate

Sheldon Salnick — Mon, 22 Sep 2008 17:09:28 +0000

There is something about living in a vintage building that lends a bit of classic glamour to your life, and these elegant Chicago condos and co-ops definitely fit the bill. Besides an old fashioned atmosphere and grace, Chicago’s vintage buildings… often have an extra charm and grandeur that newer places sometimes lack, as well as more unique layouts and unusual touches like elaborate moldings and other decorative details.

Without further ado, here is the list organized by neighborhood:

East Lake Shore Drive

189 East Lake Shore Drive………………………………..Condo

199 East Lake Shore Drive………………………………..Co-op

209 East Lake Shore Drive………………………………..Co-op

219 East Lake Shore Drive………………………………..Condo

229 East Lake Shore Drive………………………………..Co-op

999 East Lake Shore Drive………………………………..Co-op

Streeterville

159 Walton………………………………………………………..Condo

223 Walton………………………………………………………..Co-op

233 Walton………………………………………………………..Co-op

Gold Coast

1120 Lake Shore Drive……………………………………..Co-op

1200 Lake Shore Drive…………………………………….Condo

1242 Lake Shore Drive…………………………………….Co-op

1430 Lake Shore Drive…………………………………….Co-op

1448 Lake Shore Drive…………………………………….Co-op

1500 Lake Shore Drive……………………………………Co-op

1540 Lake Shore Drive……………………………………Co-op

1300 State Street……………………………………………Condo

1320 State Street……………………………………………Co-op

1530 State Street …………………………………………..Co-op

1550 State Street……………………………………………Condo

1260 Astor Street…………………………………………..Co-op

1301 Astor Street…………………………………………..Co-op

1325 Astor Street………………………………………….Co-op

Lincoln Park

2130 Lincoln Park West……………………………………Condo

399 East Fullerton Ave…………………………………….Co-op

2430 Lakeview…………………………………………….Co-op

2440 Lakeview…………………………………………….Co-op

2600 Lakeview…………………………………………….Condo

Lakeview

2912 Commonwealth………………………………………Condo

2920 Commonwealth………………………………………Condo

431 Oakdale………………………………………………..Condo

3000 Sheridan Road………………………………………..Condo

3300 Lake Shore Drive…………………………………….Condo

3400 Lake Shore Drive…………………………………….Condo

3500 Lake Shore Drive…………………………………….Co-op

3520 – 3530 Lake Shore Drive…………………………….Condo

3750 Lake Shore Drive…………………………………….Co-op

3800 Lake Shore Drive…………………………………….Condo

Note: 199 East Lake Shore Drive, 1200 Lake Shore Drive, 1550 State
Street were all designed by Benjamin Marshall, the famous architect

Vintage Chicago Condos And Co-ops With Large Square Footage

Sheldon Salnick — Wed, 30 Jul 2008 15:06:15 +0000

For those buyers who are thinking of purchasing luxury Chicago condos and co-ops with really large square footage, here is a list…of the buildings you will want to consider.

The list contains units that are currently on the market as of July 29, 2008. I have included the address, price and approximate square footage of each unit for your information.

A 64 East Elm Street 3600- square feet- $1,750,000

999 North Lake Shore Drive- 3800 square feet- $1,795,000

233 East Walton- 4330 square feet- $1,945,000

1520 North State- 4000 square feet- $1,999,880

257 East Delaware Place- 3850 square feet- $2,100,000

229 East Lake Shore Drive- 3600 square feet- $2,250,000

1550 North State Parkway- 3600 square feet- $2,600,000

999 North Lake Shore Drive- 3800 square feet- $2,595,000

999 North Lake Shore Drive- 4000 square feet- $2,850,000

1300 North State Parkway- 3945 square feet- $2,950,000

1325 North Astor Street- 4270 square feet- $3,150,000

189 East Lake Shore Drive- 3800 square feet-$3,420,000

1500 North Astor- 3700 square feet-$3,700,000

1300 North State Parkway- 5913 square feet- $3,999,000

199 East Lake Shore Drive- 4000 square feet- $5,700,000

Chicago Real Estate – Co-op Vs A Chicago Condo

Sheldon Salnick — Wed, 23 Apr 2008 17:45:51 +0000

If you want to live in an elegant building with very large square footage, you should consider moving to a co-op building. Before you start the process of looking, know the difference between purchasing the co-op and a Chicago condo.Most co-ops are priced less per square foot than a condo, however, the concern when purchasing a co-op is the monthly assessment fees. The fees are high, but include taxes which are deductible and also usually include the heat, door staff, parking and sometimes the electricity.

Since you do not own the unit, but rather shares in a corporation, you may be required to put at least 20% to 25% as a down payment. Note, some Chicago Gold Coast cooperatives do not allow financing, hence the need for a large amount of cash. In addition, in the Gold Coast co-ops, you may also need a large amount of liquid assets to be accepted into the building, and be prepared for a thorough screening of your assets as the corporation does not want to assume responsibility for another shareholder’s assessments.

Furthermore, since co-ops are usually older buildings, many of them have taken out loans or have special assessments to do tuck pointing and special repairs.

On the other hand, when purchasing a Chicago condo, the board doesn’t ask to review your financial assets and you physically own your unit. You should still check the financial health of the building because with a condo, its easier to ascertain if there are any financial issues.

Although I do not recommend a co-op purchase to every client, they can be an amazing choice for the right person. However, it is important to remember that although co-ops are typically priced lower than the “condo” market, they can be harder to sell and more difficult to finance than a condo. It is not unusual for a co-op unit to be on the market for six months to a year, so if you are planning on a relatively quick resale, a co-op unit may not be the best fit for your needs. That said, if you are looking for an elegant long-term home and your financial profile is up to a co-op board’s standards, a Chicago co-op could be just right for you.