The Top Chicago-Area Home Sales of 2020
2020 was a surprisingly strong year for luxury home sales. We saw a number of multi-million-dollar sales in both the city and suburbs of Chicago, with a number of transactions topping the $5 million mark. Winnetka’s luxury market was particularly hot, with the town accounting for four of the top 10 sales across Chicagoland.
@properties co-founders Mike Golden and Thad Wong attribute the increase in upper-bracket sales to a number of factors, including stock market gains that have padded the net worth of affluent homebuyers and a desire for more space – indoors and out – amid the COVID-19 pandemic. The duo also notes that many of the properties at the top of the market are trading well below replacement cost, meaning buyers are finding value in the high-end market and seizing the opportunity.
Keep reading for a rundown of the top 10 Chicago-area home sales of 2020. Meanwhile, check out this video to see the top 10 most expensive homes on the market right now, and find out which ones are predicted to sell first and last.
- 1919 N. Howe St., Chicago
Sold Price: $11,900,000
Square Feet: 12,000
Beds/Baths: 6 / 6.3
Neighborhood: Lincoln Park
Year Built: 2015
Buyer represented by Phil Skowron of @properties
- 203 Sheridan Rd., Winnetka
Sold Price: $9,500,000
Square Feet: N/A
Beds/Baths: 4 (+1 basement) / 4.1
Year Built: 1926 - 68 Locust Rd., Winnetka
Sold Price: $8,750,000
Square Feet: 16,791
Beds/Baths: 5 (+1 basement) / 6.4
Year Built: 2008
Buyer and seller represented by Jena Radnay of @properties
- 800 N. Michigan Ave. #5101, Chicago
Sold Price: $8,400,000
Square Feet: 6,240
Beds/Baths: 5 / 4.1
Neighborhood: Gold Coast
Year Built: 2000
Seller represented by Alexa Hara & Guido Piunti of @properties - 205 Sheridan Rd., Winnetka
Sold Price: $8,200,000
Square Feet: N/A
Beds/Baths: 5 / 4.1
Year Built: N/A - 1126 Michigan Ave., Wilmette
Sold Price: $8,000,000
Square Feet: N/A
Beds/Baths: 4 (+3 basement) / 9.3
Year Built: 1995
Buyer represented by Deborah Hepburn of @properties
- 143 Sheridan Rd., Kenilworth
Sold Price: $7,500,000
Square Feet: 8,201
Beds/Baths: 5 / 6.3
Year Built: 1953
Seller represented by Linda Rosenbloom & Carol Ring Gooze of @properties
- 9 W. Walton St. #1901, Chicago
Sold Price: $7,200,000
Square Feet: 5,230
Beds/Baths: 4 / 4.1
Neighborhood: Gold Coast
Year Built: 2018 - 151 Sheridan Rd., Winnetka
Sold Price: $6,500,000
Square Feet: 6,390
Beds/Baths: 6 / 5.1
Year Built: 1928
Seller represented by Peter Cummins & Patrick McDonald of @properties; Buyer represented by Peter Cummins
- 2018 N. Kenmore Ave., Chicago
Sold Price: $6,500,000
Square Feet: 8,900
Beds/Baths: 6 / 5.1
Neighborhood: Lincoln Park
Year Built: 2014
Listing data courtesy of Midwest Real Estate Data (MRED)
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