Real Estate
Dozens More Multi-Million Dollar Condos Sell at Lincoln Park 2550
Lincoln Park is home to some of the most expensive condominiums in the city. And lately, business at the 39-story Lincoln Park 2550 has been steady, according to reports.
A unique building that towers over Lincoln Park houses some of the most expensive condominiums in all of Chicago, according to reports, and the struggling housing market hasn't made much of a dent in sales.
Chicago Magazine reports that the 39-story mansard-roofed high rise known as "Lincoln Park 2550" has sold at least 21 of the units since people first started moving in last summer. The building stands at 2550 N. Lakeview Ave.
Three of those sales were for more than $4 million each, according to the publication; another three went for between $3 million and $4 million, and about two dozen others sold for between $2 million and $3 million.
Find out what's happening in Lincoln Parkfor free with the latest updates from Patch.
The report sites research through the Cook County Recorder of Deeds.
Find out what's happening in Lincoln Parkfor free with the latest updates from Patch.
How pricey is this building? So pricey that a member of the billionaire Pritzker family is only the second-biggest spender on one of its condos.
While the Chicago Tribune reported last week that Nicholas Pritzker paid $4.16 million for a condo in the building (it’s the second item, here), the top-priced sale in the building is 14 percent higher than that.
Created in part by renowned architect Lucien Lagrange, Lincoln Park 2550 representatives call the building "an elegant triumph of European design rooted in the heritage of his native France," according to its website.
A total of 218 units are within it, five of which are single-family homes. Residents enjoy amenities including their own private parks, a dog recreation area, skyline and harbor views, an 18-seat movie theater, indoor lap pool and full spa.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.