River North Condos

While the River North real estate landscape features a diverse mix of residential loft conversions, high-rise apartments, upscale townhomes, and even a select number of luxury single-family homes, condos are truly what anchor the housing market in this trendy part of Downtown Chicago. As it strands, River North already contains well over 100 condo buildings that combine to have over 13,000 individual condo units, and that number only continues to grow as demand keeps soaring and more high-profile condo towers are planned and developed throughout the neighborhood.

Thanks to a prime location along the Chicago River, as well as a lively restaurant and nightlife scene, many of Chicago’s most luxurious and recognizable condo buildings can be found in River North, further boosting its appeal to anybody looking for a fabulous condo residence in a top-tier location. Trump Tower for example, located at 401 N. Wabash in River North, is a sprawling, 92-story condo-hotel building that was designed by Adrian Smith, the renowned American architect who also designed the world’s tallest structure, Burj Khalifa in Dubai. While not nearly as tall, the 15-story Contemporaine, also located in River North at 201 W. Grand, is every bit of an architectural wonder as Trump Tower and was presented with the National American Institute of Architects Award for outstanding architecture for a multi-family residential building.

Although River North’s reputation revolves around the luxury condo market, great deals can be found at nearly any price point. Every now and then you might find a studio condo listed for under $200,000, which can be a great option for investors, first-time condo buyers, or even buyers looking for an affordable in-town unit. Similarly, larger one- to two-bedroom condos in River North typically start in the low-to-mid $200,000s, but can also exceed $1 million depending on the building, what amenities a building might offer, and of course individual interior finishes and features of a particular unit as well. Recent market stats have the median sale price in River North hovering around $430,000 and the median days on market around 50.