he Chicago real estate market made a nice comeback in 2016 and the luxury condo Chicago market is on pace to do well in the new year. Most new construction condos currently under development and in pre-sale are on the ultra-luxury scale.
Of course big spenders want the newest and nicest, so they are looking to purchase condos located in splashy Chicago real estate developments right in the heart of downtown like 4 East Elm, No. 9 Walton, and St. Regis Chicago (formerly Vista Tower).
Curbed Chicago recently listed the top 10 biggest sales in Chicago for 2016.
The list features penthouse units at new developments, new construction town-homes in Lincoln Park for sale, and raw spaces ripe for a buyer looking to flex their design muscles.
Of course, no most expensive home sale list would be complete without a celebrity addition. The actor Vince Vaughn had difficulty selling his large triplex penthouse at the Palmolive Building so he decided to split the penthouse space up into two distinct units. After re-listing, the first penthouse unit sold quickly for $8 million in the fall of 2016.
