Trumped! Top 3 Condo Sales in Chicago's Near North for 2014

A near 15,000 square penthouse at Trump International Tower and Hotel, 401 N Wabash, Chicago IL 60611 was the highest sale in Near North Community Area this year at $17 million cash. It is reportedly the highest ever price paid for a condo in Chicago. Photos Eric Rojas and Bob DePalma, Brokers, Kale Realty

The List: Top 3 Condo Sales in the Near North Community Area for 2014

A Trump Tower unit led an impressive year of luxury condo sales in 2014. Price per square foot for luxury homes in the most desirable locations seemed to know no bounds this year.

1. $17,000,000, Trump Tower, 401 North Wabash, Unit 89A, Chicago IL 60611.  The "5 Bed, 7.2 Bath" 14,260 square foot River North unit Closed 10/7/14, Cash deal.  The condo is raw, unfinished space and had an asking price of $32 million. Trump Tower had 55 closed sales in the MLS for 2014 with a median price of about $1,170,000.

 2. $7,400,000, 209 East Lake Shore Drive, 11-E, Chicago IL 60611. 3 Bed, 3.2 Bath, 5,700 square feet. Closed 6/26/14. Cash deal in a Co-op building.

 3. $5,250,000, 159 East Walton, 21A Chicago IL 60611  "Pamolive Building". 3 Bed, 3.1 Bath, 4,732 square feet. Closed 7/3/14. Conventional mortgage financing. The Pamolive Building had 14 unit sales in 2014 for a total of $22,334,375 in sales volume.

All sales stats gathered and interpreted from MREDLLC.com by Eric Rojas and Bob DePalma.

Photo from Michigan Avenue Bridge, Eric Rojas, Broker, Kale Realty

The List: Top 5 single family home sales in 2014 for Lincoln Square, Chicago

The story in 2014 for Lincoln Square community area home sales was strong demand, low inventory.  We may have seen a record sales price for a new construction home on a 37' x 125 lot size at $2,042,408.  As of December 26th, 94 single family homes closed with a median price of $565,000.  123 homes closed for a median price of about $575,000 in 2013.

  Top 5 Lincoln Square single family home sales in 2014

2149 W Wilson, Chicago IL 60625 pictured above while under construction.  The house cracked the 2014 Top 5 sales list at $1,640,000 (Photo Eric Rojas, Broker, Kale Realty)

1) 2168 W Windsor, Chicago IL 60625 at $2,042,408 (possible record for 37' x 125' lot)

2) 2015 W Giddings, Chicago IL 60625 at $1,945,000

3) 2020 W Leland, Chicago IL 60625 at $1,850,000

4) 2157 W Giddings, Chicago IL at $1,750,000

5) 2149 W Wilson, Chicago IL 60625 at $1,640,000

All Top 5 homes were new construction and built on 37' wide x 125' long lots (standard lots are 25' x 125').  2030 W Leland is currently PENDING closing asking $1,649,000 and could crack the Top 5 if closed over $1,640,000 by year's end.  The Top 3 sold houses were developed by Landrosh Development, LLC Lincoln Square's most prolific new house builder. 

15 Lincoln Square homes sold over $1,000,000 thus far in 2014.  In 2013, 15 homes sold over $1,000,000 as well over the same period.