In 2014 the most expensive sale at The Carlyle at 1040 N. Lake Shore Dr. in Chicago sold for $1,750,000. The home is 3 bedrooms and 4baths 3050 sq. ft. Based on this MLS square footage, this was $573 per square foot. This was the highest price sale at 1040 N. Lake Shore Dr. so far in 2014, most likely will not be the highest price sale by the end of 2014. The Carlyle had 8 condos sold in the last 8 months with an average market time of 219 days and a median market time of 182 days.
The Carlyle has always been an iconic building among the downtown Chicago real estate market with amazing views of the lake from most homes in the building. This, along with world class shopping and dining within walking distance makes The Carlyle a serious consideration when looking for a luxury condo in Chicago. The building is 39 stories tall with 130 homes. The top floor includes a pool and an exercise room.
A few details you would want to take into consideration when buying a home at the Carlyle Chicago:
• The building does not allow any pets
• Size, # of bedrooms.& baths, most units are 3 bedrooms but there are a few 2 bedroom and 4 bedroom units.
• High or low floor? The views are awesome from just about any floor
1040 N. Lake Shore Dr. Chicago ( zip code 60611) Year to Date MLS Data:
Number of current Active Listings: 5
Highest Priced Listing: $2.7 million
Lowest Priced Listing (Hotel Condo): $950,000
Number of Sales for the past 12 months: 8
Highest Priced Sale this year: $1,750,000
Highest price per sq. ft: $573
Lowest Priced Sale this year: $1,050,000
Highest price per sq. ft: $421
Pending Sales Today: 1
Now let’s go back 3 years so we can track the numbers (all MLS data).
Market Report for The Carlyle 1040 N. Lake Shore Dr. 2013
Highest price home sold: $1,450,000
Highest price per sq. ft: $483
Lowest price home sold: $750,000
Lowest price per sq. ft:$336
Market Report for The Carlyle 1040 N. Lake Shore Dr. 2012
Highest price home sold: $2,600,000
Highest price per sq. ft: $881
Lowest price home sold: $1,100,000
Lowest price per sq. ft:$407
Market Report for The Carlyle 1040 N. Lake Shore Dr. 2011
Highest price home sold: $2,255,815
Highest price per sq. ft: $622
Lowest price home sold: $885,000
Lowest price per sq. ft:$396
Do you have questions about condo prices at the Carlyle 1040 N. Lake Shore Drive?
We can help you. We specialize in all downtown Chicago neighborhoods like the Gold Coast, Lincoln Park and River North in Chicago. If you would like a comparative market analysis for your home or would like help to purchase a Gold Coast condo, just call 312-296-9300 or contact us.
The compilation of listing and market data information is provided by our local MLS system here in the Chicago area (MRED). All information provided is deemed reliable but is not guaranteed and should be independently verified.
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