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Top 3 2012 Condo Sales in Chicago Real Estate

by Chicago Agent

By Peter Ricci

2012 has been a great year for Chicago real estate, with its Case-Shiller home priceyear-over-year sales data, and now, condo sales, posting their best results in some time.

Indeed, after going 11 months without a single sale in excess of $6 million, four such sales have closed since late June.

Chicago Real Estate News – Condo Sales

Here is some more information about three of those sales:

The Bristol – 57 East Delaware Place

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The Bristol, which houses the 57 East Delaware property that sold for $6 million in June.

This condo, a 6,700-square-foot, four-room, 5.1-bath unit that takes up part of the Bristol’s 41 floor and the entire 42 floor, was the highest sale price for a Chicago condo since July 2011, when a unit sold at the Palmolive for $6.35 millionaccording to a Deal Estate write up. With a 19-foot cathedral ceiling in the living room, three included parking spaces and six-inch ebony wood floors, it’s the most lavish unit in the Bristol.

209 E. Lake Shore Drive

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A nine-room co-op condo in a Benjamin Marshall LSD building sold for more than $6 million.

A 5,800-square-foot home, this nine-room co-op condo, as Deal Estate chronicled, is housed within one of the classic Benjamin Marshall Lake Shore Drive developments. At $6.55 million, it sold for 90 percent of the original asking price after an extensive, two-and-a-half year renovation that involved restoring the unit’s classic molding and millwork and modernizing other finishes, such as its door frames and Brazilian gumwood paneling.

The Fordham – 25 East Superior Street

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When a condo at the Fordham, at 25 East Superior, sold for more than $6 million, it was the fourth such sale in Chicago in 2012’s summer.

A $6.4 million sale, this three-bed, three-bath unit in the ever-dazzling Fordham closed on August 1. An 8,100-square-foot residence, its finishes include hand-laid walnut floors, nine-inch ceilings with crown molding, a chef’s kitchen with a double oven and a dining room decked out in rosewood – not to mention the amenities, which include an indoor pool, workout room, sauna and massage room.

Stay tuned for tomorrow, when we’ll look into some of the Chicago area’s top-priced single-family-home closings.

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