New Construction East Lincoln Park 3-Bedroom Duplex Down for $1.4 Million: 327 W. Armitage

This new construction 3-bedroom duplex down at 327 W. Armitage in East Lincoln Park came on the market in April 2025.

Built in 2025 by Halcyon Development, this building has 2 duplex units and 2-car garage parking.

It has floor-to-ceiling black grid windows with open concept interiors.

This is the first floor, and lower level, unit.

The main floor has the living, dining, and family room along with the kitchen and access to a private deck on top of the garage with porcelain pavers.

It also has a half bath.

The kitchen has white custom cabinets, an expansive island, premium appliances and stone countertops.

The lower level has the three bedrooms.

The primary suite has an en suite bathroom and the other two bedrooms shares a full bath. The listing says they have “stunning stonework” with a “spa-like” experience.

It has the features buyers look for including central air, washer/dryer on the lower level and one car garage parking.

This building is just steps from Lincoln Park and the shops and restaurants of Lincoln, Armitage and Halsted. Old Town is nearby. There are also several bus lines just steps away.

Listed in April 2025 for $1.4 million, it’s still listed at that price.

Buyers love “new.”

Will the location sell this unit?

Samantha Porter and Lauren Goldberg at Jameson Sotheby’s have the listing. See the pictures and floor plan here.

Unit #1: 3 bedrooms, 2.5 baths, no square footage listed, duplex down

  • Listed in April 2025 at $1.4 million
  • Currently still listed at $1.4 million
  • Assessments of $250 a month (includes lawn care, exterior maintenance, scavenger, exercise (?))
  • Taxes are “new”
  • Central Air
  • Washer/dryer in the unit
  • 1 car garage parking
  • Bedroom #1: 17×14 (lower level)
  • Bedroom #2: 11×13 (lower level)
  • Bedroom #3: 10×11 (lower level)
  • Living/dining room: 14×22 (main floor)
  • Kitchen: 14×13 (main floor)
  • Family room: 17×16 (main floor)
  • Private deck on top of the garage (no square footage listed)

 

Classic East Lakeview 2/1 in a Brick Walk-Up with Garage Parking for $499,900: 606 W. Aldine

This top floor 2-bedroom at 606 W. Aldine in East Lakeview came on the market in July 2025.

Built in 1917, 606 W. Aldine is a brick walk-up which has 6 units and garage parking. It also has a shared landscaped backyard, with a table and loungers and the units have private storage in the building.

This building is somewhat unique because there is an alley next to the side of the building where the garages open to so it’s a long narrow lot.

The listing says it has “vintage character with thoughtful modern updates.”

It has some of its vintage features including “elegant” archways, original moldings and hardwood floors throughout.

There are bay windows in the living room with a gas fireplace with built-in bookshelves.

As many classic Chicago apartments have, it has a formal dining room with a built-in buffet. But the buffet has been painted white and modernized, with the upper half doors taken off.

The kitchen is “updated” with white cabinets, wood open shelving, quartz countertops, stainless steel appliances and a premium range.

The listing says it is “perfect for home chef’s.”

There is a covered deck off the kitchen.

The primary bedroom is semi-ensuite with the “recently updated” full bath.

There’s a second bedroom as well as a dedicated office, which has built-in bookshelves.

This unit has the features that buyers look for including central air, washer/dryer in the unit and a private garage space.

This building is right in the heart of the shops and restaurants on Broadway in East Lakeview. It is near bus lines and not far from the lake front.

This unit is listed at $499,900, which is $44,900 above the 2022 sales price of $455,000.

When it came on the market earlier this week, it was supposed to have an Open House on Saturday. It appears they have cancelled that. It may even go under contract by the time this post goes up.

For vintage lovers, does this unit have it all?

Patrick Shino at Fulton Grace Realty has the listing. See the pictures here (no floor plan).

Unit #3E: 2 bedrooms, 1 bath, 1400 square feet, penthouse

  • Sold in November 1991 for $167,500
  • Sold in October 1993 for $175,000
  • Sold in December 2007 for $384,000
  • Sold in April 2013 for $362,000
  • Sold in May 2018 for $450,000
  • Sold in April 2022 for $455,000
  • Currently listed at $499,900
  • Assessments of $375 a month (includes parking, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $10,293
  • Central Air
  • Washer/dryer in the unit
  • Garage Parking included
  • Gas fireplace
  • Bedroom #1: 13×12
  • Bedroom #2: 10×11
  • Living room: 17×17
  • Dining room: 14×12
  • Kitchen: 11×8
  • Deck: 11×7

One of a Kind Designer Studio with Parking in East Lakeview for $220,000: 539 W. Stratford

This studio in 539 W. Stratford Place in East Lakeview came on the market in July 2025.

539 W. Stratford was built in 1967. It is an elevator building and has 43 units. From the prior listings, it appears to be mostly 1-bedrooms and studios.

It has outdoor parking behind the building, a bike room and locker storage.

The listing says the lobby was newly renovated in 2019. There is no door staff.

The listing calls this studio “one of a kind” with a custom design by a designer.

It doesn’t list the square footage, but the studio above it, Unit #410, was listed for sale in 2023 and it said it was 500 square feet.  You can see that listing, and what one of these looks like before being renovated, here.

The unit has a new junction box and electrical wiring in the unit as well as new copper pipes in the kitchen and bathroom.

It has floating engineered hardwood Birch floors along with white Carrera marble in the entry, kitchen, bathroom, closet/office space.

There are also touches of marble outside of the floors including a marble windowsill and marble wall niche in the shower.

The studio has custom white and gray cabinets with cabinet lighting and built-in walnut open shelves, a counter depth bottom stainless steel freezer refrigerator, a built-in wall oven, a drop in glass electric cook top, a Bosch dishwasher, exhaust fan with lighting and new ductwork installed to outside vent.

To separate the bed area from the living/dining space, ther eis a custom walnut floating TV wall console with TV mounting fixture.

The sleeping area has room for a queen bed and two 12 inch nighstands, complete with blackout curtains.

There is a custom window valance.

The listing says the unit has fresh paint.

It has some of the features buyers look for. There is no in-unit washer/dryer, but there is a laundry room in the building.

It also does not have central air but does have a wall air conditioning unit.

An outdoor parking space is available for $30,000 extra.

This building is a block from the lake front, but is also near the shops and restaurant on Broadway. It is near several bus lines.

Listed at $190,000 plus $30,000 for the parking space, or $220,000.

With 10% down, or $22,000, the PMI, insurance, HOA and property taxes all included, Redfin tells me it comes to a monthly payment of $1899.

The listing says that the building is investor friendly and units can be rented.

Buyers love “new.”

Will this renovation sell this quickly?

Ljubica Lola Delia has the listing. See the pictures here. Sorry, no floor plan.

Unit #310: studio, no square footage listed

  • Sold in August 1988 for $51,000
  • Sold in July 2003 for $110,000
  • Sold in May 2017 for $115,000
  • Currently listed at $190,000 (plus $30,000 for the parking space)
  • Taxes of $1,645
  • Assessments of $209 a month (includes heat, security, exterior maintenance, snow removal, scavenger)
  • No central air- but wall unit cooling
  • No washer/dryer in the unit. There is a laundry room in the building.
  • Living room: 20×14
  • Kitchen: 9×5

 

Get a 3-Bedroom Gold Coast Duplex in No 9 Walton for $4.79 Million: 9 W Walton

This 3-bedroom duplex in No. 9 Walton at 9 W. Walton in the Gold Coast came on the market in August 2024 and was recently re-listed.

Built in 2017, No. 9 Walton was the most successful new construction luxury building in over a decade. It has just 66 units and attached valet parking.

It’s a full amenity building which this listing says includes: “24-hour door staff, house car, 2-story fitness facility, indoor pool, sauna and steam, golf simulator, dining room with catering kitchen, bar and terrace. Two guest suites available, plus fabulous indoor/outdoor dog run.”

This unit has 3693 square feet on two levels and lives like a single family home.

It has northern exposures.

The property has custom lighting, designer window treatments, millwork and hardwood floors on both levels.

The main floor includes the living room, dining room, kitchen, a den, family room and half bath.

The bedrooms, and the laundry room, are on the second floor. All three bedrooms are en suite.

The primary suite has a marble spa bath with a soaking tub, walk-in-shower, dual sinks and built-out dressing room.

Back on the first floor, it has a foyer and a fireplace in the living room flanked by custom DeGiulio drybar with wine refrigeration.

The kitchen is open to the dining room and has white O’Brien Harris cabinetry, iceberg quartzite countertops and backsplash, a large island with seating for three, SubZero and Wolf appliances and an attached breakfast room.

One of the big selling points of this building were the large, covered private terraces.

This unit has a 300 square foot terrace with an overhead heater and gas hook-up which overlooks the Gold Coast shops and restaurants.

It has the features buyers look for including central air, its own laundry room, and one valet parking space is included and a second one is available to purchase.

The building is near the shops and restaurants of Oak and Rush Street as well as the Mag Mile and is steps from Washington Square Park. There are several bus lines nearby.

Luxury real estate has been hot in Chicago and the suburbs. Crain’s Chicago Business keeps track of sales over $4 million each year.

You can read all about it from Dennis Rodkin at Crain’s here.

As of June 30, 2025, a record 76 homes have sold over $4 million in the city and suburbs. That is up from just 43 homes last year and is beating the pace of 2022, when 72 homes sold in the first half.

This unit was originally listed in August 2024 for $4.995 million. It has been reduced to $4.79 million.

That is just $179,000 over the 2018 sales price of $4.611 million.

Is this a deal?

Jeffrey Lowe at Compass has the listing. See the pictures and floor plan here.

Unit #1702: 3 bedrooms, 3.5 baths, 3693 square feet, duplex

  • Sold in July 2018 for $4.611 million (per Redfin)
  • Originally listed in August 2024 for $4.995 million
  • Reduced
  • Currently listed at $4.79 million
  • Assessments of $3000 a month (includes heat, a/c, gas, parking, doorman, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $98,161
  • Central Air
  • Washer/dryer in unit
  • Fireplace
  • Wine refrigeration
  • Bedroom #1: 16×14 (second floor)
  • Bedroom #2: 13×12 (second floor)
  • Bedroom #3: 14×13 (second floor)
  • Den: 15×14 (main floor)
  • Foyer: 7×6 (main floor)
  • Walk-in-Closet: 15×7 (second floor)
  • Family room: 15×14 (main floor)
  • Kitchen: 20×15 (main floor)
  • Dining room: 18×15 (main floor)
  • Laundry room: 17×9 (second floor)
  • Terrace: 26×13 (main floor)

Masterpiece Transformation in the Sky: A 2-Bedroom in Olympia Center at 161 E. Chicago in Streeterville

This 2-bedroom in Olympia Center at 161 E. Chicago in Streeterville came on the market in June 2025.

Olympia Center was built in 1985 and was, at the time, one of the top luxury buildings in Streeterville/River North. It has 292 units and attached rental parking.

It is a full amenity building with the following features:

  • Sundeck
  • Party room
  • Exercise room
  • Indoor pool
  • Whirlpool
  • Sauna
  • On-site management
  • Maintenance staff
  • Engineering staff
  • Full time concierge
  • 3 door staff each shift
  • Dogs allowed

The listing says this unit is a masterpiece transformation. It has undergone a “complete 2025 total renovation from the concrete and the studs.”

It’s a corner unit with South and East views which includes Lake Michigan, Navy Pier and the southern skyline’s high rises.

The listing calls it a 3/3 unit but it is also listed as a 2/2.5. Prior to the transformation, it was a 2-bedroom. The old “breakfast room” is now a “den.”

The den has no closet, however.

The third bathroom is a full bathroom now. A walk-in-shower was added to the half bath location.

The unit has 7″ white oak hardwood floors throughout.

It has all new single panel doors with black door hardware.

There is a primary suite with a walk-in-closet and an en suite bathroom with a floating dual vanity with LED lit mirror and a LEIVI toilet with electric bidet.

The listing goes into a LOT of details about each bathroom, which I’m leaving out.

There is an open kitchen with wood and white cabinets, an “enormous” island with custom waterfall edge, 1.25 inch Quartzite counter tops, custom gold hardware, a stainless steel Bosch appliance package with French door refrigerator with ice/water dispenser.

It has a stove hood.

The unit has the features buyers look for including central air and a laundry room with a full size stackable washer/dryer and a storage cabinet. Parking is available in the building.

There is no private outdoor space.

Olympia Center is above the Neiman Marcus on Michigan Avenue. It is near the shops and restaurants of Michigan Avenue, Streeterville and River North as well as numerous bus lines.

There are currently 13 units for sale in the building.

Buyers love “new.”

This unit has come on the market at $1,195,029.

Did this renovation get the finishes right for this building and price point?

Nicholas Colagiovanni at Baird & Warner has the listing. See the pictures and floor plan here.

Unit #53B: 2 bedrooms, 2.5 bathrooms, 2154 square feet

  • I can’t find an original sale back in 1987
  • Sold in December 2024 for $580,000
  • Currently listed at $1,195,029
  • Assessments of $2179 a month (includes a/c, doorman, cable, exercise room, pool, exterior maintenance)
  • Taxes of $18,494
  • Central Air
  • Full-size stackable washer/dryer
  • Parking is rental in the building
  • Bedroom #1: 20×15
  • Bedroom #2: 17×11
  • Den/Bedroom #3?: 11×11
  • Living room: 20×17
  • Kitchen: 18×9
  • Dining room: 14×15
  • Foyer: 5×10
  • Walk-in-closet: 5×5
  • Laundry: 5×4

 

 

 

Market Conditions: Chicago May 2025 Sales Decrease 7.4% as Median Price Rose Again

This Illinois Association of Realtors is out with the May data.

As we know, inventory remains tight and sales remain low. Year-over-year sales fell again, but so did inventory.

It was the slowest May for sales since May 2020, when the real estate market was spooked at the start of the pandemic.

The city of Chicago experienced a 7.4 percent year-over-year sales decrease in May 2025 with 2,286 sales, down from 2,468 in May 2024. The median price of a home in the city of Chicago in May 2025 was $390,000, an 8.3 percent increase from May 2024 when the median price was $360,000.

May Sales:

  • May 2008: 2119 sales
  • May 2009: 1557 sales
  • May 2010: 2057 sales
  • May 2011: 1705 sales
  • May 2012: 2037 sales
  • May 2013: 2834 sales
  • May 2014: 2453 sales
  • May 2015: 2750 sales
  • May 2016: 2980 sales
  • May 2017: 3046 sales
  • May 2018: 3047 sales
  • May 2019: 2952 sales
  • May 2020: 1701 sales
  • May 2021: 3453 sales
  • May 2022: 3374 sales
  • May 2023: 2462 sales
  • May 2024: 2468 sales
  • May 2025: 2286 sales

Median Price Data:

  • May 2008: $319,500
  • May 2009: $225,000
  • May 2010: $230,000
  • May 2011: $190,000
  • May 2012: $203,000
  • May 2013: $234,000
  • May 2014: $269,250
  • May 2015: $281,000
  • May 2016: $290,750
  • May 2017: $305,600
  • May 2018: $305,000
  • May 2019: $315,000
  • May 2020: $313,000
  • May 2021: $350,000
  • May 2022: $350,500
  • May 2023: $335,000
  • May 2024: $360,000
  • May 2025: $390,000

“We continue to see the impact of low inventory on Chicago’s housing market, with fewer closed sales and steady buyer activity keeping prices on the rise,” said Erika Villegas, president of the Chicago Association of REALTORS® and broker and owner of RE/MAX In The Village. “Well-priced homes are still moving quickly, buyers and sellers alike should work closely with their REALTOR® to adapt their strategies in this fast-paced, competitive market.”

More condos are selling than single family homes in Chicago.

The mix of the sales:

  • 1,486 condo sales, down 10%
  • 800 single family home sales, down 2.1%

On pricing, median condo prices were up 4.4% to $412,500 while single family home prices were up 9.4% to $350,000.

Statewide, inventory continues to edge higher but it was coming off the all-time lows. Inventory rose 6% to 19,890 homes from 18,758 last year.

In 2025, statewide inventory is driven by the 9-county Chicagoland inventory, which rose 3.4% to 13,195 from 12,754.

However, the city of Chicago bucked the trend of rising inventory as it fell 13.2%.

  • May 2019: 10,096
  • May 2022: 7,115
  • May 2023: 5,073
  • May 2024: 4,934
  • May 2025: 4,284

Will we see a “3” handle on inventory sometime this year?

I’ve been talking about the “available” inventory on Redfin for several months for some of the popular GreenZone neighborhoods.

As of June 29, 2025, Lincoln Park has 141 properties available and Lakeview had 194.

Lincoln Park has been between 125 and 150 for months. Lakeview had been 200-225 until recently where it dipped under 200.

These are at ALL price points.

If a buyer is looking in the popular $400,000 to $500,000 price range in Lakeview for a 2/2, there are just 5 properties available.

Going up to $600,000, the number of properties available was just 12.

You can see why there are bidding wars.

For those of you who were around during the housing bubble years, it’s shocking that there’s virtually no new construction on the market with the exception of a few small luxury buildings where units start over $1 million.

There are also no new downtown condo buildings under construction for the first time in 10 years. However, developers still have available units in several buildings that have finished construction.

Current inventory in River North (which doesn’t include everything because developers don’t list all of their units on the MLS)  is just 303 units.

In Streeterville, it is 254 homes.

“Our three-month forecast expects home sales in Illinois to rise nearly 4 percent between June and August compared to last year. Prices are expected to remain relatively flat over the summer months, but end August roughly 7 percent higher year-over-year,” said Geoff Smith, Executive Director, Institute for Housing Studies at DePaul University in Chicago.

“In May 2025, Illinois single-family inventories experienced their 13th consecutive month of year-over year growth. Despite this, the state has seen one of the weakest recoveries to pre-pandemic inventory levels. Tight statewide inventories suggest that the market will remain highly competitive, but sustained inventory growth and increased days on market could be indications of improving conditions for homebuyers.”

The 30-year fixed rate mortgage was 6.82% in May 2025, up from 6.73% in April but down from 7.06% in May 2024.

In some states, inventory is rising quickly and is back to 2019 pre-covid levels.

When will Chicago see it rise?

Illinois home sales lower in May while median prices and inventory moved higher [Illinois Association of Realtors, Press Release, by Stephanie Sievers, June 23, 2025]

 

Get a 2/1 Timber Loft with Parking for $514,000 in Lakeview: 2804 N. Lakewood

This corner 2-bedroom loft at 2804 N. Lakewood in Lakeview came on the market in June 2025. (Sorry for my dreary winter picture of this building.)

Built in 1950, 2804 N. Lakewood is a boutique building with 20 units and on-site parking. It has a shared rooftop deck.

The listing says this unit is “historic charm meets modern style and comfort.”

It’s a corner loft with north and east exposures. It has  authentic loft features including 14 foot timber ceilings, oversized windows, exposed brick, and ductwork that is painted black.

It has hardwood floors in the living/dining rooms which are separated by a dual sided wood burning fireplace.

There are steps down to the kitchen which has white cabinets, black countertops, stainless steel appliances and white tile backsplash.

The primary bedroom has windows and carpet.

The second bedroom has no windows and also has carpet.

The listing says it has a “flexible open layout.”

This unit has the features buyers look for including central air, washer/dryer in the unit, and exterior secured parking is available for $15,000 extra.

This loft has no private outdoor space.

It’s near the shops and restaurants on Lincoln including Left Coast, Delilah’s, and Batter & Berries, and the Diversey bus. It’s about 3.5 blocks to the Diversey Brown Line subway stop.

Listed in June 2025 for $499,000 plus $15,000 for the parking, or $514,000, that’s $154,000 above the 2021 purchase price of $360,000.

There are only 203 properties available for sale in Lakeview right now.

Will this seller get the premium?

Kira Moscowitz at Baird & Warner has the listing. See the pictures and floor plan here.

Unit #102: 2 bedrooms, 1 bath, 1550 square feet

  • Sold in August 1996 for $220,000
  • Sold in July 2014 for $335,000
  • Sold in October 2021 for $360,000
  • Currently listed for $499,000 (plus $15,000 for outdoor parking)
  • Assessments of $348 a month (includes exterior maintenance, parking, scavenger)
  • Taxes of $7999
  • Central Air
  • Washer/dryer in the unit
  • Exterior secured parking space for $15,000
  • Wood burning fireplace
  • Bedroom #1: 14×12
  • Bedroom #2: 12×10
  • Foyer: 10×7
  • Living room: 30×13
  • Dining room: 16×14
  • Kitchen: 12×11

 

3-Bedroom in the Urban Treehouse Reduces $30,000 to $895,000: 1849 N. Hermitage in Bucktown

This 3-bedroom in the Urban Treehouse at 1849 N. Hermitage in Bucktown came on the market in May 2025.

Built in 1905, the Urban Treehouse is the former Sisters of the Resurrection Convent. It was converted into 7 luxury condos in 2013.

In the prior chatter about the building, I could not determine if it had an elevator. This listing shows a picture of the staircase (question answered.)

It does have attached garage parking but no other amenities.

This unit has exposed brick walls and ductwork and natural light from 2 exposures.

The living and dining room is open concept with the kitchen.

There are hardwood floors throughout.

The kitchen has modern Archisesto cabinetry, quartz countertops, luxury appliances by Subzero and Wolf, a wine fridge, an integrated coffee station and a large center island with seating for 4.

The primary suite has a walk-in-closet and en suite bath with custom tiled floor, oversized shower and a double sink.

There is also access to the private back deck from the primary suite AND also access to that deck in a separate hallway, so guests don’t have to walk through your bedroom to get to the deck.

The private deck has a pull down shade and is large enough for a dining table as it measures 14×11.

This unit has another full bathroom and two more bedrooms.

It has the features that buyers look for including central air, side-by-side washer/dryer with cabinetry and one garage parking space is included.

This building is near the 606, the shops and restaurants of Bucktown, the Clybourn Metra stop and various buses.

Listed at $925,000, it has been reduced $30,000 to $895,000. The unit last sold in 2021. It was listed for $799,900 and appears to have sold over list for $810,000.

3-bedrooms are in demand. Why isn’t this property selling?

Carrie McCormick at @properties Christie’s has the listing. See the pictures and floor plan here.

Or see it at the Open House on Saturday, June 28, 2025 from 12 to 2 PM.

Unit #301: 3 bedrooms, 2 baths, 1829 square feet

  • Sold in July 2014 for $690,000
  • Sold in December 2017 for $775,000
  • Sold in September 2021 for $810,000
  • Originally listed in May 2025 for $925,000
  • Reduced
  • Currently listed at $895,000
  • Assessments of $560 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $16,212
  • Central Air
  • Side-by-side washer/dryer
  • Garage parking space included
  • Bedroom #1: 14×11
  • Bedroom #2: 13×12
  • Bedroom #3: 10×10
  • Living/dining combo: 26×16
  • Kitchen: 16×9
  • Walk-in-closet: 10×5
  • Laundry: 7×6
  • Deck: 14×11

A 3-Bedroom With 2-Car Garage Parking in East Lakeview for $1.099 Million: 506 W. Roscoe

This 3-bedroom in 506 W. Roscoe in East Lakeview came on the market in June 2025.

Built in 2005, 506 W. Roscoe has 9 units and attached garage parking. It is a boutique building with private elevator access and what looks like a shared rooftop deck.

It has private storage, is pet friendly and is professionally managed.

This is a single floor unit with 2800 square feet.

It has “rich” hardwood floors.

The listing says it has multiple living/dining areas, including a family room.

There’s a powder room near the living areas.

The kitchen is “chef inspired” with updated custom white cabinets, stainless steel appliances, and a “generous” peninsula.

The primary suite includes multiple closets and spa-like bath with dual vanities, a soaking tub, and a separate glass-enclosed shower.

The two other bedrooms share a bathroom.

This unit has the features that buyers look for including central air, washer/dryer in the unit and it has TWO parking spaces in the attached heated garage.

The listing says the 2-car parking in a garage is a “rare find” in this neighborhood.

It has a private balcony off the rear.

This building is near the shops and restaurants on Broadway in East Lakeview, the Mariano’s, Jewel, multiple bus routes and the Lakefront bike path.

Listed at $1.099 million, it last sold in 2018 for $920,000.

With an elevator and the entire unit on one level, would this make an ideal home for retirees?

Riz Gilani and Ben Myers at ALLURE Real Estate have the listing. See the pictures and floor plan here.

Unit #201: 3 bedrooms, 2.5 baths, 2800 square feet

  • Sold in September 2004 for $665,000
  • Sold in October 2015 for $915,000
  • Sold in June 2018 for $920,000
  • Currently listed at $1.099 million
  • Assessments of $790 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $18,711
  • Central Air
  • Washer/dryer in the unit
  • 2-car parking in heated garage included
  • Wood burning fireplace
  • Bedroom #1: 16×14
  • Bedroom #2: 14×12
  • Bedroom #3: 10×10
  • Living room: 18×19
  • Dining room: 7×19
  • Family room: 19×15
  • Kitchen: 15×14
  • Laundry: 8×13
  • Balcony: 10×12

Timeless Elegance in the Gold Coast: A 2-Bedroom Pre-War for $475,000 at 73 E. Elm

This 2-bedroom in 73 E. Elm in the Gold Coast came on the market in May 2025.

73 E. Elm was built in 1928 and the listing calls it a “pre-war” boutique building. It has only 48 units. There’s no parking.

It was designed by famed Chicago architects McNally & Quinn.

The building has 24-hour doorstaff, a rooftop deck with lake views, on-site engineer and extra storage lockers. The listing says it’s a pet and investor friendly building.

The unit has many of its vintage features including a formal entry foyer with arched doorways, crown molding and rich, dark parquet floors throughout.

It has a decorative fireplace framed by cove molding.

The kitchen has been “recently renovated” and has white cabinets, quartz countertops and “brand-new” stainless steel appliances.

The listing says there are “two enclosed bedrooms” which may seem strange wording except I believe these units were originally one bedrooms with a formal dining room.

There is a primary suite and the second bedroom is a “charming woodpaneled room with French doors, perfect as a guest bedroom, den or home office.”

There is just one bathroom and it has a walk-in-shower.

There is no central air but it has “small duct high velocity cooling.”

It also doesn’t have in-unit washer/dryer, but a shared laundry room onsite, or parking. Parking is available to rent in the neighborhood.

This building is near Oak and Rush Streets, Oak Street Beach and the shops and restaurants in the Gold Coast and on Michigan Avenue.

There are numerous bus lines nearby.

Listed in May 2025 at $475,000, it is still listed for $475,000.

This building is popular with those who love vintage buildings and design. This unit is 1200 square feet.

Will it get this price?

Chloe Ifergan at Jameson Sotheby’s has the listing. See the pictures here.

Unit #12D: 2 bedrooms, 1 bath, 1200 square feet

  • Sold in 1986 (no price)
  • Sold in February 1998 for $211,500
  • Sold in January 2000 for $270,000
  • Sold in April 2001 for $350,000
  • Sold in July 2012 for $378,500
  • Originally listed in May 2025 for $475,000
  • Currently still listed at $475,000
  • Assessments of $1677 a month (includes heat, cable, doorman, exterior maintenance, scavenger, snow removal, Internet)
  • Taxes of $6635
  • Central air? Says there is “small duct high velocity cooling”
  • No washer/dryer in the unit- laundry room in the building
  • No parking but available in the neighborhood
  • Decorative living room fireplace
  • Bedroom #1: 15×12
  • Bedroom #2: 16×12
  • Foyer: 14×6
  • Living/dining room: 23×13
  • Kitchen: 16×7
  • Walk-in-closet: 6×6