Chicago Luxury Real Estate Property

Chicago luxury real estate property never faded away and in all likelihood never will. The truth is, it is growing. Chicago luxury property, following the latest sub-prime mortgage crisis is rejuvenated. This gives our business to improve property services with enhanced fervor. Our region of operations encompasses the complete of the town of Chicago including -- the South Loop, River North and Streeterville. Real-estate in Chicago has exhibited positive trends over the last year. Single family detached and attached, multi-units, multi-family, luxury condos, vacant land, are typical experiencing increased demand.

Luxury real estate in Chicago is usually made up of Gold Coast condos. Major areas are -- Michigan Avenue, Clark Street, North Avenue and Lake Shore Drive. You will find vintage buildings as visually appealing as new construction. The up-market feel of Gold Coast is a result of Oak Street Beach's presence. Probably the most exclusive retailers have opened shops here. Rolex, Yves Saint, Lamborghini are a few of the names that Gold Coast can boast of.

Whilst the vintage buildings are elegance personified, the new ones include utility values like deeded carriage parking business rooms and spas in certain locations. The buildings are manned by security personnel 24 / 7, imparting feeling of enhanced security for all its residents. The Illinois Association of Realtors states that the sales of condominiums assets, along with family houses, have increased by 25 to 28 percent in last twelve months. This implies sales of more than 9,000 independent units. However, the sale prices themselves have declined by two percent when compared with last year's price at this particular time of the year. The Chicago City Proper reflects almost the identical figures. The median price now stands at $207, 500, a reduction in some$3,000. Chicago luxury condos for sale and single family homes for sale are receiving similar trends. The bottom-line is: real estate property as being an investment option that will not be passe, so when Chicago luxury property gives you with such lucrative options, why look somewhere else?