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Mapping Chicago's 10 Most Expensive Residential Buildings

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How much does it cost to live in one of the priciest residential buildings in Chicago? It'll cost you at least a couple million bucks to snag a condo or co-op in one of these ten buildings. While New Yorkers often gawk at how (relatively) affordable Chicago is compared to neighborhoods on Manhattan and Brooklyn, one still needs to have some considerable wealth to own a residence in one of these buildings. Broker Fran Bailey has been keeping track of the city's priciest sales over the last several years and after looking at the median sales figures, has concluded that these buildings are the priciest in Chicago for 2015. To make the list, buildings had to have at least two publicly listed sales. Beyond the actual sales price, many of these buildings also come with equally steep monthly assessment that can add tens of thousand dollars to the cost of living annually. Many Chicago neighborhoods have at least a couple of listings in the million-dollar range, but the bulk of buildings in this list can be found in the Gold Coast and Streeterville neighborhoods. Here's a look at how much it costs to live in Chicago's most expensive residential buildings.


·The 10 Most Expensive Chicago Residential Buildings in 2015 [Curbed Chicago]
·Mapping the 10 Most Expensive Residential Buildings in Chicago [Curbed Chicago]
·Lifestyle of the Rich and Richer archives [Curbed Chicago]

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1. The Ambassador

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1300 N State St
Chicago, IL 60610

Taking the top spot, The Ambassador condos in the heart of the Gold Coast had a median sale price of $4,176,667 in 2015. The vintage brick building's big sales knocked the Waldorf Astoria out of the top spot for the first time in the last four years.

2. Residences at 900

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77 E Walton St
Chicago, IL 60611

Coming in at a respectable second place is the Residences at 900. The Gold Coast building gained three places this year with a median sales figure of $3.55 million — a notable boost from the $3.125 million it witnessed in 2014.

3. Waldorf Astoria Chicago

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11 E Walton St
Chicago, IL 60611
(312) 646-1300
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In a surprise upset, the Waldorf Astoria has been bumped to the third place on the list of priciest residential buildings. According to sales data, the building had a median sale figure of $3,462,500 in 2015. The building had held the title as Chicago's priciest for the last four years, but its reign has come to an end (for now).

4. 50 East Chestnut

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If 50 East Chestnut had a motto, it'd be "Slow and steady wins the race." The building holds down the fourth place spot for a second year in a row with its $3.145 million median sale price.

5. Park Tower

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800 N Michigan Ave
Chicago, IL 60611

Like the Waldorf Astoria, the Gold Coast's Park Tower is a mainstay of Chicago's ultralux offerings. The 70-story tower falls from third to fifth place this year with a median sales figure of $2.6 million.

6. 30 West Oak

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30 W Oak St
Chicago, IL 60610

30 West Oak had a pretty incredible year in 2014, becoming the city's second priciest residential building. However, 2015's median sale price of $2.596 million reduces it to sixth place on this past year's list.

7. 1347 N State

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1347 N State St
Chicago, IL 60610

1347 N State is another newcomer to the list for 2015. The two-unit building witnessed big enough sales to land it on the list of 2015's priciest buildings. One unit sold for $1.275 million last May while the larger unit fetched $3.3 million in April. This brings the building's median sales figure to $2,287,500.

8. 840 N Lake Shore Drive

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840 N Lake Shore Dr
Chicago, IL 60611

This building is another one that isn't making any major moves, but holding steady. 840 N LSD gains one spot for 2015 with a media sales price of $2.2 million.

9. The Belvedere

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270 E Pearson St
Chicago, IL 60611

Located next door to 840 N Lake Shore Drive, The Belvedere is also positioned next to its neighbor on the list of priciest buildings in Chicago. Buyers spent a median of $2.195 million for units last year.

10. Drake Tower

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179 E Lake Shore Dr
Chicago, IL 60611

The final building on the list also brings us under the two million dollar mark. The Drake Tower on Lake Shore Drive had a median sales figure of $1.999 million last year.

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1. The Ambassador

1300 N State St, Chicago, IL 60610

Taking the top spot, The Ambassador condos in the heart of the Gold Coast had a median sale price of $4,176,667 in 2015. The vintage brick building's big sales knocked the Waldorf Astoria out of the top spot for the first time in the last four years.

1300 N State St
Chicago, IL 60610

2. Residences at 900

77 E Walton St, Chicago, IL 60611

Coming in at a respectable second place is the Residences at 900. The Gold Coast building gained three places this year with a median sales figure of $3.55 million — a notable boost from the $3.125 million it witnessed in 2014.

77 E Walton St
Chicago, IL 60611

3. Waldorf Astoria Chicago

11 E Walton St, Chicago, IL 60611

In a surprise upset, the Waldorf Astoria has been bumped to the third place on the list of priciest residential buildings. According to sales data, the building had a median sale figure of $3,462,500 in 2015. The building had held the title as Chicago's priciest for the last four years, but its reign has come to an end (for now).

11 E Walton St
Chicago, IL 60611

4. 50 East Chestnut

Chicago, IL 60611

If 50 East Chestnut had a motto, it'd be "Slow and steady wins the race." The building holds down the fourth place spot for a second year in a row with its $3.145 million median sale price.

5. Park Tower

800 N Michigan Ave, Chicago, IL 60611

Like the Waldorf Astoria, the Gold Coast's Park Tower is a mainstay of Chicago's ultralux offerings. The 70-story tower falls from third to fifth place this year with a median sales figure of $2.6 million.

800 N Michigan Ave
Chicago, IL 60611

6. 30 West Oak

30 W Oak St, Chicago, IL 60610

30 West Oak had a pretty incredible year in 2014, becoming the city's second priciest residential building. However, 2015's median sale price of $2.596 million reduces it to sixth place on this past year's list.

30 W Oak St
Chicago, IL 60610

7. 1347 N State

1347 N State St, Chicago, IL 60610

1347 N State is another newcomer to the list for 2015. The two-unit building witnessed big enough sales to land it on the list of 2015's priciest buildings. One unit sold for $1.275 million last May while the larger unit fetched $3.3 million in April. This brings the building's median sales figure to $2,287,500.

1347 N State St
Chicago, IL 60610

8. 840 N Lake Shore Drive

840 N Lake Shore Dr, Chicago, IL 60611

This building is another one that isn't making any major moves, but holding steady. 840 N LSD gains one spot for 2015 with a media sales price of $2.2 million.

840 N Lake Shore Dr
Chicago, IL 60611

9. The Belvedere

270 E Pearson St, Chicago, IL 60611

Located next door to 840 N Lake Shore Drive, The Belvedere is also positioned next to its neighbor on the list of priciest buildings in Chicago. Buyers spent a median of $2.195 million for units last year.

270 E Pearson St
Chicago, IL 60611

10. Drake Tower

179 E Lake Shore Dr, Chicago, IL 60611

The final building on the list also brings us under the two million dollar mark. The Drake Tower on Lake Shore Drive had a median sales figure of $1.999 million last year.

179 E Lake Shore Dr
Chicago, IL 60611