What You Can Get Around Chicago for $2 Million

How much house can you buy with $2 million in the Chicago area? With an impressive budget of around $2 million, buyers can expect to have their pick of upscale homes featuring lavish amenities, coveted Lake Michigan or skyline views, and more.

And despite higher borrowing costs at the outset of the 2024, the real estate market is still buzzing at this price point, with the number of transactions between $1.8 million to $2.2 million in Chicagoland increasing 23% year-to-date vs. the same period last year. *

From a rehabbed historic Lincoln Park home to an expansive mid-century modern masterpiece in Hinsdale, there are plenty of unique luxury living options throughout the area. Read on for an assortment of homes currently on the market for around $2 million.

Historic Lincoln Park Rehab

1924 N Halsted Street – $2,290,000

Completed renovated in 2018, this 100-year-old home in Lincoln Park is truly one of a kind. Originally a two-flat, the current owners converted the structure to a single-family, designing the first floor for entertaining, while finishing the upper levels as a peaceful living retreat. To open up the first floor, they added a structural steel beam to take the place of load bearing walls and installed a retractable glass wall that connects the interior with the private, landscaped backyard. The first floor also includes a high-end kitchen with Subzero and Wolf appliances, dual ovens, and two wine refrigerators, all centered around a huge multi-functional island.

Upstairs you’ll find the living room, study area, and bedrooms. The master suite on the third floor includes a Japanese-style bath and direct access to a private terrace overlooking the expansive 25’ x 25’ yard. The property also includes a two-car garage with potential for a roof deck. But one of its best features is location: this house is right in the heart of Lincoln Park’s best shopping, dining, and nightlife on Halsted Street, and is convenient to Oz Park, the Armitage Brown Line stop and the #8 Halsted bus.

Luxuriously Redesigned Mid-Century Home in Hinsdale

701 Taft Road, Hinsdale – $2,049,000

This exquisitely renovated mid-century home is set in a serene, private location in Hinsdale. Crafted by Keck & Keck, two brothers who are among the most famous mid-century modern residential architects in Chicago, this residence seamlessly integrates luxury with iconic design.
Featuring walls of windows to merge indoor and outdoor spaces, this home offers amazing views and lots of natural light. The living room is jaw-dropping – think period chrome, a glass spiral staircase, and fireplace. Also ideal for entertaining: the home’s modern kitchen, equipped with locally-made, hand-built Rose Custom Cabinets, Quartz countertops, and premium Wolf, Sub-Zero, and Electrolux appliances. Adjacent to the kitchen, an expansive deck over the garage offers a variety of options: think massive outdoor entertaining space or sport court.

Back inside, you’ll find four bedrooms including a luxurious primary suite. A unique, walkout lower level features a large recreation room with a wet bar, guest bedroom, additional powder room, and laundry. Completing this energy-efficient home are a three-car garage with electric car charging, new wiring, plumbing, solar panels, and expansive Thermopane windows with Keck & Keck’s signature screened louver vents. One look and it’s clear this meticulously redesigned home was built for unparalleled luxury.

A Gold Coast Condo with Views

55 W Delaware Place #620 – $2,100,000

Located in the heart of Gold Coast, this condo boasts spacious living, high-end finishes, and ample natural light. The interior features elegant living and dining areas, a fireplace, a wet bar and a chef’s kitchen with custom cabinetry, quartz countertops, a walk-in pantry and Wolf and Sub-Zero appliances. An expansive 32-foot-long balcony offers a peaceful outdoor escape – and a great place to host guests.

After hours, unwind in the primary suite’s spa-inspired stone and tile bathroom or enjoy some of the building’s exceptional amenities, including a gym, pool, rooftop terrace, and 24-hour door staff. Two of our favorite features are the laundry room with extra cabinets for storage and a mud room fitted with cubbies and closets (a rarity in a condo) to keep everyone organized.

Tailor-Made Luxury in Lake Bluff

40 Oak Ter, – $1,958,888

Just a few blocks away from Lake Michigan, this stunning home in Lake Bluff was recently renovated by Landmark Luxury Group and designed by Soledad Zitzewitz Interiors. The house is built around a breathtaking, three-story rotunda, which encloses a curved staircase.

On the first floor, the chef’s kitchen contains every detail imaginable including a large walk-in pantry, high-end appliances and a large, double-sided island topped with custom quartzite countertops. After a long day, you can retire to the first-floor primary suite with its heated floors, dressing rooms and spa-like bath.

On the second floor, you’ll find a loft, three additional bedrooms and a full bath with double sinks. The fully fenced grounds are beautifully manicured, and the west-facing backyard features a gorgeous brick patio, built-in fire pit and professional landscaping.

If you’re feeling inspired, let’s talk. No matter your budget, @properties Christie’s International Real Estate can help you find the perfect place to call “home.”

 

*Brokermetrics; MRED; all MLS.

Written by @properties
@properties Christie’s International Real Estate is Chicagoland’s #1 brokerage. Through our affiliation with Christie’s International Real Estate, our network spans nearly 50 countries. No matter your real estate needs, we’ve got you covered.