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

Unit List PriceSFDaysRMSBRBAEXPIncl?
520Huron419Loft$527,70017007632SWNo
1530State1011Loft$650,000210083632NENo
1629Prairie2705Condo$591,000156542632Yes
1346Cleveland3SDuplex$634,500NR96632Yes
240Illinois401High Rise$649,900NR28632.1SNo
530Lake Shore904Condo$675,0001900255633NENo
150Superior602Condo$699,00018157732NNo
21Elm2DMid Rise$699,000NR216632
1122Dearborn18JHigh Rise$725,0001750392732.1NWYes
1410State3BCondo$750,000200052632.1SENo

 

 

 

 

 

 

Pin It on Pinterest

Share This