The most frequently requested property in Chicago is probably the 3 bedroom condo — and outdoor space of some kind is usually a “must have” for today’s buyers.
This post includes information for 3 bedrooms in 3 Chicago neighborhoods – Near North (including Streeterville and the Gold Coast), the Loop, and the Near South Side (South Loop).
Three Bedroom Sales Statistics
Three bedroom condos in the South Loop, Loop, and Near North are listed (on average) at $ 1.3MM, and they range in price from $ 335,000 to $5,900,000. There are currently 271 condos for sale in these neighborhoods, and 336 have sold over the last 6 months — the inventory is low right now!
The properties that sold were under contract in an average of 97 days, and they sold for 96% of the listed price at the time of contract. (Many had price reductions during the listing — the sales price was 89% of the ORIGINAL listed price.)
Click Here for Condo Sales Data for the Loop, Near North, and South Loop Neighborhoods
# Months Supply of 3 Bedroom Condos
Average Sales Prices of 3 Bedroom Condos
See What’s for Sale Today…
Select the appropriate link below and see what 3 bedroom condos are listed now:
Best 3 Bedroom Condos for Sale
$500,000 – $800,000
While 3 bedroom condos average over $1MM in these neighborhoods, I’ve found some terrific properties for sale between $500,000 and $800,000. Below are my top choices in what’s available today.
Take an online tour of these homes when you select this link.
Make an Appointment to find your Chicago Condo!
Contact Anne Rossley of Baird & Warner
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The historic Frank Lloyd Wright home at 5132 S Woodlawn has been on the market now for over a year. It was listed in November, 2012 for $ 2,500,000 and reduced in May, 2013 to its current price of $2,425,000.
5132 S Woodlawn
The home sits on a 75×163′ lot, and the original woodwork and stained glass windows are incredible! The home offers 7 bedrooms, 4 baths, 4 fireplaces, and a 2 car garage. The 6100 square foot home is being offered for sale for the first time since being built in 1897.
Find Historic Homes for Sale in Chicago
Interested in finding a Chicago historic home at a lower price or in a different neighborhood?
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Anne Rossley today!
Chicago Historic Districts
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Home care for seniors is becoming more and more popular –
1. aging in place – some seniors wish to stay in their homes and have someone come in to help;
2. independent living – if a seniors in an independent living facility, but needs a bit of a hand, in-home care can postpone moving into the assisted-living residential facility.
If in-home care is sought, it’s critical to find the best possible agency/person to care for our loved ones.
How do we do that?
Retirement Homes offers this article on how to choose a Home Care Agency:
Article – How to Choose a Home Care Agency
Do you have a parent who needs help in downsizing?
Are you considering a move to smaller space?
Ready to take advantage of the home equity in your home?
Contact Anne Rossley of Baird & Warner –
your Senior Real Estate Specialist
Call Anne today: 773-620-5333
Get your Pinpoint Market Analysis
via Email today (Select this link)
Please check out this very short slide show that demonstrates why every day matters in your quest to make a good real estate investment.
This home is newly available for sale, but you WILL NOT find it in the Multiple Listing Service.
The brick single family home, near the Menomonee Club and Old Town Triangle building, was previously a 2-flat, and has been rehabbed by the current owners. Now it’s ready for buyers who crave grand spaces (7000 square feet!), privacy (brick walls enclose the compound), and fabulous entertaining spaces (both inside and out) in a location near everything Chicagoans love!
Do you Love to Entertain?
Outside, there are 3 entertaining spaces. Over the 2 car garage is a lushly landscaped deck overlooking Crilly Court.
Do you Love to Garden?
Between the house and the garage roof deck, a paved patio with landscaped planting beds provides privacy and and escape from the convenient city nearby.
Do you Love Flexible Spaces?
Bring the outdoors in to the house by opening the sliding glass doors which separate the 1st floor den from the front patio.
Do you Love Custom Design Details unlike anywhere else?
A detail photo (below) shows the custom iron work that the owner had specially manufactured to add grandeur to the home – this delightful design detail is used to great advantage, highlighting key areas throughout the home’s exterior and gardens.
The interior photos will be posted in the next few days, but if you want to view the property right away, please contact Anne Rossley at Baird & Warner.
It’s a race! Who will put an offer together first to win this BEST VALUE condominium?!
The sellers didn’t expect to sell, so their finest-quality upgrades will be enjoyed by the new residents for a fraction of the value!
Here are just of few of the many upgrades included in 777 N Michigan #2401:
- Solid Brazilian cherry floors throughout
- Luxury Kitchen with Fischer & Paykel dishwasher, Subzero, drawer microwave, Dacor cooktop…
- Matching custom cabinet with Subzero refrigerator/freezer drawers
- Solid custom doors and hardware, as well as custom HVAC cabinets
- Top-of-the-line ventless Bosch washer-dryer
- Built-in den/library with brand new Uline beverage refrigerator
- Every bathroom (3.5 of them!) has been upgraded
777 N Michigan Amenities
The building is topnotch! Located next to Nieman Marcus, the building offers
- luxurious rooftop pool with comfy gazebos and grilling area,
- new fitness center (currently under construction and opening in November)
- soon-to-be-added hallway updates
- 24 – hour door service
- Valet Parking ($150/month)
- Receiving Room
- Party Room
- Premium Cable/Wifi in assessments (as well as heat and air)
Views from the Living Room
777 N Michigan Floor Plan
For more information, to view the property, or to learn more about condominiums along the Magnificent Mile, contact
Baird & Warner
What’s important to you in moving to your retirement home?
Are you thinking about buying your “empty-nester” home but you don’t know how to decide where to go?
Retirement Relocation Checklist
Prioritize and decide where to go!
The recent article by Dave Bernard in US News and World Report‘s Retirement section lists the following categories that seniors should consider:
Should you live near an expert in a particular health field? Or simply, where can you rely on a quick response time from the EMT, taking you to a nearby trauma facility?
Big cities offer symphony, museums, restaurants. and theater, however college towns are booming – many seniors are finding them to have the perfect mix of smaller town while offering terrific cultural options.
Fellow Drake trustee and Newton, Iowa native, Don Byers, answered my husband’s question about retirement this way: “Why would I leave the friends and neighbors I’ve enjoyed my whole life?” To Don, good neighbors were his primary criteria for staying local in retirement.
Milder climates have been the goal for many seniors – if you relax in warmer weather, then your move south won’t be unique!
How are you going to get to the doctor, the store, or your friends when you no longer want to drive?
Obviously, it makes sense to live where it’s cheaper – when seniors retire and they don’t have to live where their job is (they’re retired!), it makes sense to go where homes, food, and taxes are cheaper.
- Proximity to What you Like Best
If you revel in sunrise at the beach, you wake up invigorated to hike mountain trails, or scenic mountain views inspire the artist in you — then go there!
Do you want maintenance-free condo life or is tinkering in the garden your heart’s desire? Would you prefer to live in a sprawling ranch or a cozy bungalow?
Obviously, the answers to these questions vary for all seniors. As you consider where you’re going, answer these questions, then weight each one as to how important that question is to the overall picture.
Don Byers obviously preferred neighbors to warm climates and public transportation. Others might place greater emphasis on beaches and warm weather.
Whatever you choose – if you are true to yourself, you’ll make the right decision!
What Retirement Area are you Interested in?
Let Anne Rossley put you in touch with the best real estate agent – wherever that is!
Find professionals to answer your questions about local amenities, housing options, and lifestyle…
Anne Rossley, CRB, CRS, SRES
Baird & Warner
Anne is a Senior Real Estate Specialist who loves helping 50+ buyers and sellers!
Dave Bernard’s article
I’m a member of NextDoor, that great neighborhood website where residents nearby can raise questions to their trusted neighbors and get important answers. Usually, someone is announcing online that they’ve moved into the neighborhood, and we all welcome them. Other times, someone asks for referrals for a cleaning person, window washer, landscaper, or babysitter.
Tonight, a new neighbor asked about wildlife. It was an amusing exchange, and the conversation offers great insights into what a Chicagoan can expect to see in a neighborhood outside the Gold Coast/South Loop – type interior neighborhoods. I’m in Edgewater – and except for mentioning rats or the recent coyote sighting, this conversation will help you prepare to live outside of a Chicago high-rise building:
22 Apr From the New Neighbor:
This is our second Spring in this neighborhood. Last night, there was a large Possum in our backyard and then tonight two LARGE raccoons passing through our backyard. Is this normal? What city deparment should I call? And will they do anything about it? Any advice out there?
This time of year as it is lighter later, you will see what has been sneaking in the winter darkness!
||Neighbor #2: Possums and raccoons are the main two animals you will see in the neighborhood. Two years ago, we had a possum going through our back yard on a regular basis and a couple of times our little dog faced it while doing her things in the back yard. We called an exterminator who quickly caught a possum, but we were never sure if it was the same one or not because we saw another one (or the same one) two weeks later. We just gave up, since it has never been out of control. This is unfortunately one of the downsides of living in a neighborhood with large back yards and lots of trees. Wild animals like it too!
||Neighbor # 3:
We’ve lived here for 15 years. It is entirely normal to see possums and raccoons in the hood. The first couple of years we had a family of raccoons living in the cottonwood tree between us and the neighbor’s house. We regularly have possums traipse thru the yard. There’s nothing that can be done about it and nothing should be done either. It’s the normal fauna that goes with the territory. On the other hand, we have an inordinate number of squirrels that regularly dig up our yard in the spring. To prevent them from digging up freshly planted flowers, bulbs and other items I use a live animal trap, take them to the Radio Shack parking lot, and let them go there. It’s a constant battle, which I’ll never win. But it’s better than having our entire yard turned into a gopher field!
||More from Neighbor #3 Oh, we sometimes have rabbits in the early morning as well. Plus, there are a large number of feral cats here. I’ve never lived in any city where there weren’t feral cats. They keep the rat population down. There’s one other thing you should be aware of. If you’re walking the sidewalks in the hood and you come across the freshly cleaned carcass of a pigeon or other bird, be aware that its from falcons. Once a year a family of them also occupying the cottonwood tree. They stay as long as their food source is plentiful, then they move on.
||From New Neighbor: Thank you everyone for your input. Knowing these creatures usually hang around makes me feel a little better. I have also learned that I should expect to see Falcons, feral cats and maybe a deer or two if I am lucky ;). Even though I grew up in the country in Michigan with creatures — these give me the willies!
||From Neighbor #4, past president of the neighbors association: Opossum are calm and clean creatures, and although unattractive, tend to cause little harm. They do not carry rabies and will literally “play possum” when they feel threatened.Raccoons, while cute and cuddly looking, are a whole different story: they can transmit rabies, roundworm, and leptospirosis; they will attack pets if they feel provoked; they can cause severe damage to your property.Raccoons raise their young babies in trees, rooflines, or garages. After several months they move to a ground location and spend almost a year living together as a family. This is where they can become dangerous for you and your pet. Roundworm is transmitted through their poop, which can be inhaled when it dries.Raccoons are very territorial. It is estimated that up to 50 can live on a city block and they will not venture beyond a few blocks during their lifetime. At one time the city had funds to help with their removal, but those resources have been cut. If they are a nuisance on your property, you must contact a private company to have them removed. Because they carry rabies and roundworm, the state of Illinois requires that they be euthanized.Since these animals are among us, it’s best that they don’t take up residence on your property, and you can help prevent that by sealing access to your garage and underneath your deck or porch. Keep in mind that raccoons can crawl into very, very, very small spaces.There is a ton of information on the internet and these are just a few of the highlights, but the bottom line is that you don’t want them living anywhere near your property especially if you have pets or children.
Are you in a neighborhood that offers NextDoor? If not, I encourage you to start your own community by selecting this link. It’s a closed group opportunity that allows you to share important information, build a community, and Live Well in Chicago!
I want to give a “Shout Out” to Kate Welborn of my neighborhood, who started our NextDoor group. It’s a great service to all of us, and I’m so glad I have her as one of my neighbors!
Before I moved to Chicago, I thought it was an enormous anonymous city. Wow, was I wrong!
The communities of this city are vibrant, strong, and personal. It’s more of a small town than I ever dreamed, and I’m blessed to live in one of the greatest neighborhoods in Chicago!
(And … I’ve never minded our wildlife — it’s just fine!)
Links and Resources:
Chicago Animal Control and Rescue
Chicago Wildlife- Chicago Forest Preserve Article
Chicago’s historic landmark – the Bedford Restaurant and Bar was on my “To Do” list —
It’s a restaurant and bar in Wicker Park – a renovated 1925 bank that I discovered while reading the spring issue of Preservation Magazine.
The developers salvaged and incorporated countless elements of the original building, creating a striking decor:
- black marble from the teller counters
- nickel-plated safe deposit boxes
- copper-faced boxes inside the vault
I tried the “Dark and Stormier” cocktail, although I was tempted by the “Cucumber Cooler”. We noshed on mussels and oysters – yum! Then, instead of choosing one of the entrees, we instead chose to linger over the charcuterie and cheese trays.
It was a wonderful night in a charming historic venue. I definitely recommend you give it a whirl!
“The Villa” – a pocket of homes built in the early 1900’s – is one of Chicago’s historic neighborhood treasures.
The neighborhood is a small section within the Irving Park Community (named after writer Washington Irving), and is bounded by Addison, Hamlin, Avondale, and Pulaski. Haentze and Wheeler developed the neighborhood, building the first home in 1907. They named the community “The Villa”, asserting, “A home in a park can be made a reality by purchasing in ‘The Villa.’ ” They promoted it as the “most beautiful, attractive and artistic home spot in the City of Chicago today.”*
Between 1907 and 1925, Prairie and Craftsman-style homes were built in The Villa, with overhanging porches and slightly sloping gable roofs. Lots are usually 50′ wide, providing lots of landscape and separation between homes. There are 2 boulevards in the neighborhood – Avers and Harding – these make the neighborhood feel even more open and welcoming.
Location of The Villa
View The Villa in a larger map
The Villa’s incredibly well-located- jump on the Kennedy and you can get where you need to be in 10-15 minutes – downtown, O’Hare, the North Shore…. there’s great shopping nearby, too!
The Villa’s and History Historic Designations
The neighborhood association, The Villa Improvement League, has achieved success in maintaining the integrity of the community, gaining acceptance in the National Register of Historic Places and attaining Chicago Landmark Status. The book, Villa – 90th Anniversary Book, published in 1997, is an absolutely stunning compilation of this neighborhood and its history. Compiled by the Villa Historic Committee, it includes information on all the homes, the history of the neighborhood, the developers, the architects, and how The Villa attained its historic designations.
For those who love history and bungalows, the book and the neighborhood are very exciting. Kudos to all residents in the neighborhood for supporting the Historic Committee’s efforts, but particularly to Roy Diez, Darcie Wadycki, Carol Brice, Gene Hartmann, Kin Waldack, and Wally Wadycki for creating this irreplaceable tome.
Recent Home Sales in The Villa
3637 N Avers
3663 N Avers
3647 N Harding
As of April 1, there are no homes for sale in The Villa.
If you’d like to get alerts when homes become available, select this link.
Anne Rossley, CRB, CRS
Baird & Warner
* Information about the neighborhood is based on The Villa 1907-1997