The local real estate market recently experienced a major high-end transaction when a luxurious Chicago condominium on North Michigan Avenue clinched the top spot across Cook and DuPage counties with an impressive $4.2 million sale. This marquee acquisition highlights the ongoing resilience and desirability of premier urban high-rises within the greater metropolitan area.
During the busy mid-September tracking period, the region recorded 499 total residential real estate sales. Market metrics settled at an overall average property sale price of $490,897 alongside an average cost of $290 per square foot.
Prime Urban and Suburban Transactions
Following closely behind the leading condo, a stunning single-family home located on North Mohawk Street in Chicago secured the second position by fetching $3.8 million. Meanwhile, suburban luxury also made serious waves across multiple upscale neighborhoods.
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Suburban Standouts and Historic Estates
In Burr Ridge, a single-family residence at 1206 Burr Ridge Club achieved a remarkable $3.1 million sale price while boasting a staggering cost of $1,085 per square foot. Winnetka added two major transactions to the mix, featuring a historic property on Walden Road [ historical architecture ] that sold for $2.83 million and a newly constructed home on Provident Avenue reaching $2.63 million.
Further west in Wheaton, a spacious five-bedroom single-family house on Kay Road successfully changed hands for $2 million. Back in Chicago, a chic townhouse on North McClurg Court contributed another $1.9 million to the luxury tally.
Wilmette’s Strong Market Presence
Wilmette proved to be a powerhouse for high-tier transactions by contributing multiple notable sales to the regional leaderboard. Buyer interest remained robust across both contemporary builds and vintage properties throughout the North Shore.
Closing Out the Top Ten Luxury Sales
Leading Wilmette’s charge was a single-family home on Kenilworth Avenue that commanded $1.78 million. Rounding out the regional top ten list was a classic 1928-built single-family property located on Sheridan Road, closing out at a final price of $1.73 million.
Here is the source article for this story: Top 10 most expensive homes sold in DuPage / Cook County, reported in the week of Sept. 14
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