Chicago offers many very expensive homes and plenty of luxury properties throughout the city. Some neighborhoods offer more expensive homes than others. With so many multi-million dollar properties, what is the most expensive house in Chicago?
The answer to this question depends on who you ask and what qualifies a property as the most expensive house in Chicago. Let’s look at a few possible answers.
Most Expensive Home Sold in Chicago
The Chicago Tribune creates a list of the most expensive home sales in Chicago. The list contains 25 properties all sold for more than $10 million.
The most expensive house on this list was found at 9 W. Walton St. in Gold Coast. This property sold for $58.75 million in 2017, making it the most expensive home sold in Chicago.
Ken Griffin was the buyer and the home was actually the top four floors of a new luxury tower. If you look at this property by transaction, it’s no longer the most expensive home sold in Chicago.
The property was sold in four transactions for the following amounts:
- $21.17 million
- $12.95 million
- $12.5 million
- $12.13 million
In total, Griffin purchased floors 35, 36, 37, and 38 of the building with more than 25,000 square feet.
Most Expensive Chicago Home For Sale Right Now
Based on an article published on Curbed.com, the most expensive house in Chicago could be considered the most expensive home on the market right now. The list includes the 25 most expensive homes for sale in Chicago right now and the one home topping the list is listed for $45 million. It’s located at 1926 N. Burling St in the Lincoln Park neighborhood. Originally, the home was listed for $50 million in 2016 but has yet to sell.
This home offers 25,000 square feet, covers eight city lots, and provides all types of unique features including:
- A reflecting pool
- A curving grand staircase
- Manicured gardens
- Marble inlays
- Ornate fountains
- And more!
The same property was mentioned recently by NBC 5 Chicago as the most expensive home for sale in Chicago.
Most Expensive Home Ever Sold in Lakeview
While it’s not the most expensive home ever sold in Chicago, it’s still worth mentioning because the sale happened recently. A Lakeview mansion recently broke the record in the neighborhood when it was sold for just over $4.3 million.
This home offers 10,000 square feet and was built on Hermitage Avenue in 2005. It topped the $4 million mark, which has only been done in the Lakeview neighborhood one other time in 2015.
There are several answers to the question, “what is the most expensive home in Chicago?” If the current most expensive home listed sells, it may be the highest sale price in the history of Chicago.