MILLION DOLLAR HOMES CHICAGO

As the holiday season unfolds, we extend our warmest wishes to all our valued clients. As we bid farewell to another remarkable year, lets delve into the dynamic realm of Chicagolands luxury real estate market, offering insights derived from million-dollar single-family home sales throughout the year.

Chicagolands Luxury Real Estate: A Beacon of Resilience Amidst ...

When it comes to the allure of million-dollar homes in the Chicago luxury real estate market, its essential to navigate the evolving landscape with precision. The choice between areas with declining high Allure scores and those with increasing low Allure scores should be a strategic option in the world of high-end property investment. Lets explore the nuances and ...

1. Breathtaking Lake Views:

This private estate offers panoramic views of Lake Michigan, carefully embraced by large windows in almost every room. The design of the residence ensures that the beauty of the lake becomes an integral part of the living experience, allowing residents to revel in the natural splendor.

2. Exquisite ...

Allure Score℠(Real Estate Metric)

Introduction:

The Allure Score℠ is a proprietary real estate metric created by Ivan Drenkarov and Ivelina Stoyanova on April 20, 2023. It represents a novel approach to evaluate the desirability and attractiveness of specific areas in the real estate market, focusing on single-family homes valued at one million ...

Heres a little teaser, before we publish the new data and Allure Scores. The zip code area, with the highest Allure Score in the City of Chicago for last year is 60614, Lincoln Park. The 2022 Allure Score for Lincoln Park is 119.52, which is 112% improvement compared to 2018. However, the area ...

For the first time in the Real Estate Industry, we will be introducing THE ALLURE SCORE. It will measure the attractiveness of an area, based on our proprietary formula. Stay tuned!

The month of January 2022 set a new, all time record (January months only) for million dollar single family home sales in the Chicagoland area, registering 196 units, totaling $326,673,540.00.  It beat January 2021 sales by whopping 29%, and units sold by 18%.  M2* for January 2021 was 19.37, and for January 2022 is 21.66, which is 11.82% ...