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Luxury Homes for Sale in Chicago & Real Estate Listings

Search Chicago luxury homes for sale with Chicago expert, Giorgios Karayannis.

About Chicago, Illinois

Chicago, Illinois, is more than just a city; it's an experience that blends rich history with a dynamic, ever-evolving present. Living in Chicago means immersing yourself in a cultural mecca, where iconic architecture, world-class dining, and a thriving arts scene are at your doorstep. In recent years, the Windy City has seen a resurgence in real estate trends, with a growing demand for urban living. From luxurious condos with breathtaking skyline views to historic brownstones in charming neighborhoods, Chicago offers an array of housing options to suit every lifestyle. The city's history is a captivating tale of innovation and resilience, from the Great Chicago Fire of 1871 that led to a rebirth in architecture to its crucial role in the birth of the modern skyscraper. Exploring its neighborhoods reveals unique stories, from the bluesy soul of Bronzeville to the artistic flair of Pilsen. Chicago's diverse communities are united by their passion for the city, making it a place where you're not just living; you're becoming a part of its extraordinary narrative.

Chicago is a city of neighborhoods, each with its own distinct character and charm. The Loop, with its iconic skyscrapers and bustling streets, represents the heart of the city's financial and cultural scene. On the North Side, you'll find Lakeview, home to Wrigley Field and a lively nightlife, while Hyde Park on the South Side is known for its intellectual and academic prowess. Chicago's commitment to green spaces is evident in its sprawling parks, including Grant Park and the lakefront trail, where residents can enjoy outdoor activities year-round. The culinary scene is equally diverse, boasting everything from deep-dish pizza to Michelin-starred dining experiences. As the city continues to grow and evolve, real estate trends indicate that Chicago remains a coveted place to call home, offering a blend of history, culture, and opportunity that's second to none.

MARKET INSIGHTS

CHICAGO HOUSING MARKET TRENDS

What is the housing market like in Chicago today?
The Chicago housing market is somewhat competitive. Homes in Chicago receive 3 offers on average and sell in around 56 days. The median sale price of a home in Chicago was $340K last month, up 4.6% since last year. The median sale price per square foot in Chicago is $251, up 7.7% since last year.

How hot is the Chicago housing market?

Chicago is somewhat competitive. Homes sell in 55 days.

Chicago Listings & Sales

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TOP 5 FAQS ABOUT CHICAGO LUXURY HOMES

Luxury homes in Chicago are typically defined by their high-end finishes, exceptional quality, and prime locations. These properties often feature spacious floor plans, gourmet kitchens with premium appliances, custom millwork, and luxurious master suites. Additionally, many luxury homes offer amenities like private elevators, expansive outdoor spaces, smart home technology, and stunning city or lakefront views.

The luxury real estate market in Chicago was experiencing steady demand. The city's diverse neighborhoods offer luxury buyers a range of options, from historic mansions in Lincoln Park to modern penthouses in the Loop. Prices for luxury properties can vary significantly depending on location and size but often start in the multi-million-dollar range.

Chicago boasts several neighborhoods known for their luxury real estate, including the Gold Coast, Lincoln Park, and Streeterville. The Gold Coast, in particular, is renowned for its historic mansions and high-end condominiums, while Lincoln Park offers a mix of classic and modern luxury homes. The choice of neighborhood often depends on lifestyle preferences and proximity to amenities.

The luxury real estate market in Chicago can be competitive, especially for prime properties and desirable neighborhoods. Buyers interested in luxury homes should be prepared for competitive bidding situations. Working with an experienced real estate agent who specializes in luxury properties can provide an advantage in navigating this market and securing the right property.

In recent years, there has been a growing interest in eco-friendly and sustainable features in luxury homes, including LEED-certified buildings and energy-efficient technologies. Additionally, many luxury properties now offer enhanced wellness amenities, such as fitness centers, spa facilities, and indoor pools, to cater to the well-being of residents.

Chicago Real Estate Updates

Read the latest news, tips, and insights for the Chicago real estate market.

Design, Renovation & Remodeling

The Science of Color: How to Choose Paint Tones for Every Room

Giorgios Karayannis  |  October 7, 2024

Create the Perfect Ambiance with Thoughtful Color Choices.

Local Knowledge & Lifestyle

Top Golf Courses to Play in Chicago

Giorgios Karayannis  |  October 7, 2024

Explore the Best Golfing Destinations in the Windy City.

Design, Renovation & Remodeling

How to Maintain Your House's Foundation

Giorgios Karayannis  |  November 6, 2024

Essential Tips for Long-Term Stability and Strength.

Real Estate Education & Tips

What Does Homeowners Insurance Cover? Beginner's Guide

Giorgios Karayannis  |  November 6, 2024

Understanding the Essentials of Homeowners Insurance Protection.

Design, Renovation & Remodeling

How to Decorate a Historic Home

Giorgios Karayannis  |  November 25, 2024

Timeless Style for Chicago’s Luxury Properties.

Real Estate Education & Tips

Do You Need a Home Warranty?

Giorgios Karayannis  |  November 26, 2024

A Guide for Chicago Luxury Homeowners.

lifestyle

Winter Recreation Right Outside Your Door

Giorgios Karayannis  |  December 5, 2022

Many homeowners wish the climate would allow for more time to enjoy their homes’ outdoor spaces.

Finance

Staying Empowered Amid Higher Mortgage Rates

Giorgios Karayannis  |  November 16, 2022

Rising mortgage rates have been the big story in real estate this year.

Home

Prepare Your Home for Winter With These Tips and Tricks

Giorgios Karayannis  |  October 13, 2022

It won’t be long before brisk fall days give way to overnight frost and freeze advisories.

Finance

6 Ways to Salvage Your Savings Amid Rising Inflation

Giorgios Karayannis  |  May 17, 2022

It can be a challenging time to save for a down payment and break into the housing market

organizing

Resolve to Keep Your Home Clutter-Free and Healthy in 2023

December 27, 2022

Decluttering, enhancements, and general maintenance around your space are great ways to head into the year with a new outlook.

Interior Design

Live it Up with Pantone’s Color of the Year

January 3, 2023

Pantone releases its “Color of the Year," Viva Magenta

Chicago

Everything You Need to Know About Moving to Chicago

Giorgios Karayannis  |  June 4, 2023

Great neighborhoods, entertainment, and more!

Design, Renovation & Remodeling

The Role of Landscaping in Boosting Your Home’s Aesthetic Appeal

Giorgios Karayannis  |  July 7, 2024

Ways to invest in your home’s frontage and increase its value.

Relocation

Tips for Moving with Pets

Giorgios Karayannis  |  July 21, 2024

How to Make Your Pet's Transition to a New Home Smooth and Stress-Free.

Real Estate Education & Tips

Most Googled Questions About Real Estate in 2024

Giorgios Karayannis  |  July 21, 2024

Answering the Top Queries on the Changing Landscape of Real Estate.

Real Estate Education & Tips

Real Estate Negotiation Strategies From An Expert

Giorgios Karayannis  |  August 13, 2024

Mastering the Art of Negotiation for Optimal Results.

Buying

The Differences Between Buying A Second Home vs Investment Property

Giorgios Karayannis  |  August 13, 2024

Understanding the Key Distinctions and Making Informed Decisions.

Design, Renovation & Remodeling

Tips for Hiring a Remodeling Contractor

Giorgios Karayannis  |  August 13, 2024

Ensuring a Smooth and Successful Home Renovation.

Chicago

The Top Attractions in Chicago for Locals or Tourists

Giorgios Karayannis  |  September 2, 2024

Discover the magic of the Windy City.

Chicago

Moving to Chicago

Giorgios Karayannis  |  September 3, 2024

Gear up for your exciting move to one of the nation’s best cities.

Long Beach, Indiana

Buying a Home in Long Beach, Indiana

Giorgios Karayannis  |  June 4, 2023

Live the dream in your own lake house.

Lake County, Indiana

Best Family-Friendly Activities in Lake County, Indiana

Giorgios Karayannis  |  July 28, 2023

The best parks, restaurants, and family activities in this Midwest gem.

Relocation

The Ultimate Guide to Relocating to Long Beach, Indiana

Giorgios Karayannis  |  August 20, 2023

Read up on one of the Midwest’s premier lakeside communities.

Selling

Selling a Home in Chicago

Giorgios Karayannis  |  August 23, 2023

An inside look at successfully marketing your windy city property.

Chicago, IL

Honest Pros and Cons of Living in Chicago, IL

Giorgios Karayannis  |  September 29, 2023

Exploring the City of Broad Shoulders.

Chicago

Chicago Real Estate Market Prices, Trends and Forecast 2024

Giorgios Karayannis  |  January 29, 2024

Navigating the Windy City's Property Landscape.

Long Beach Indiana

Best Restaurants Near Long Beach Indiana

Giorgios Karayannis  |  January 29, 2024

Discovering the culinary gems along Lake Michigan’s picturesque shores.

Real Estate Education & Tips

How to Find a Real Estate Agent

Giorgios Karayannis  |  July 1, 2024

Your Guide to Choosing the Perfect Partner in Real Estate.

Buying

How to Buy a Luxury Home

Giorgios Karayannis  |  July 1, 2024

Unlocking the Doors to Prestige: Navigating the Luxury Real Estate Market.

Selling

Everything You Need to Know About Getting Your Home Inspected Before Selling

Giorgios Karayannis  |  July 1, 2024

A Seller's Guide to Pre-Listing Home Inspections.

lifestyle

Reaching Fitness Goals Within Your Own Four Walls

January 10, 2023

Designating a space to work out in your home can be a great way to help you achieve your goals and stay active.

Real Estate

The Holidays Can Be a Surprisingly Busy Time for Real Estate

Giorgios Karayannis  |  December 1, 2022

Many homebuyers and sellers take a pause from real estate to focus on other activities.

Real Estate

If I Had a Million Dollars… in Chicago and Beyond

Giorgios Karayannis  |  October 24, 2022

2022 will still be one of the best years on record for luxury home sales.

Real Estate

Taking City Living to New Heights

Giorgios Karayannis  |  September 28, 2022

With one of the most iconic skylines in the world, Chicago is an exciting city for high-rise living.

Art

Christie’s Sets Auction House Record With $195 Million Sale of Warhol’s Marilyn

Giorgios Karayannis  |  May 11, 2022

The sale marks the most expensive 20th-century artwork ever sold at auction.

lifestyle

Vacation at Home With the Help of @properties

Giorgios Karayannis  |  June 8, 2021

Mortgage applications for second homes increased 84% in January year over year.

Construction

New Construction Set to Take Off in New Year

Giorgios Karayannis  |  December 8, 2022

The number of new homes on the market is stabilizing, slowly returning to normal levels.

Work With Us

His mission is to guide you when you are selling and buying your home or commercial property. He accomplishes this by being committed and deliberate in the process while utilizing the powerful platforms @properties has built to achieve his clients' success and meet their expectations.