Luxury Real Estate Blog and News

Luxury Home Sales Skyrocket In Logan Square

March 14, 2019 - Chicago
The Chicago neighborhood that saw the highest surge in $1 million-plus single-family home sales for 2018 was Logan Square.

Professional Real Estate Photography Sells Homes 32% Faster

March 25, 2015 - Chicago
Realtors who use professional real estate photographs sell listed homes 32 percent faster than all other listings, according to a new study of Chicago-area real estate sales by VHT Studios.

Michael Jordan's Home Heads to Auction

October 21, 2013 - Illinois
Michael Jordan is auctioning off his 56,000-square-foot compound in a Chicago suburb. He first put the home on the market in February 2012 for $29 million, but earlier this year lowered the price to $21 million.

Luxury Portfolio International® Expands Globally with 15 New Members in Q1

May 14, 2013 - Illinois
CHICAGO – Luxury Portfolio International® has expanded its global footprint with the addition of 15 new member firms in the first quarter of the year, with extended coverage throughout Europe, as well as the U.S. and Canada. The network has also welcomed two new communities to its Luxury Development Collection, further supporting the network’s growth. Luxury Portfolio represents more than 200 market-leading real estate firms specializing in the high-end real estate market and is the luxury component of Leading Real Estate Companies of the World®, an organization encompassing over 500 companies with 140,000 sales associates worldwide. International firms joining the network include ART EMLAK (Istanbul, Turkey); BlueHouse (Prague, Czech Republic); CI Exclusive Properties (Geneva, Switzerland); Rustic Corner (Barcelona, Spain); Sally McGarr Realty Corp. (Niagara-on-the-Lake, Canada) and SPACE Gayrimenkul Danismanlik (Istanbul, Turkey).

Michael Jordan's home for sale for $29 million

March 03, 2012 - Illinois
Michael Jordan has put his longtime home in Highland Park, Ill., on the market for $29 million, according to the company marketing the listing, Luxury Portfolio International.

Oprah Winfrey's Chicago Home is for Rent!

November 22, 2011 - Illinois
Talk-show host and media giant Oprah Winfrey has placed an eight-room, 4,607-square-foot co-op unit inStreeterville up for rent for $15,000 a month.

Virgin Hotels buying Chicago landmark ‎

October 25, 2011 - Illinois
Richard Branson’s Virgin Hotels said Monday it has bought a landmark office building in downtown Chicago and will convert it into 250 guest rooms.

Highest-priced listing in Chicago area officially comes on the market for $28M

January 14, 2010 - Illinois
A 26-room, 27,000-square-foot mansion in Winnetka officially came on the market on Tuesday for $28 million, making it the single highest-priced listing in the Chicago area. Known as Le Grand Reve, meaning The Big Dream, the six-bedroom, chateau-style mansion sits on 2.04 acres. Constructed in the last few years and completed in 2008, the two-story limestone mansion was designed by Los Angeles architect Richard Landry.