Dream Town Sells Highest Priced

Chicago's a lot of big-ticket home auction of the year bankrupt a few weeks ago to the tune of $5.6 million. Christine Carr of Dream Town Realty was the affairs abettor on the property, which awash afterwards 56 canicule on the market. The 12,000-square-foot abode complete in 2007 is amid in the Chicago adjacency of Lincoln Park on the 2000 block of N. Howe Street.

The Howe Street abode was listed in May for $5,999,000 and went beneath arrangement by mid-July. According to abstracts from the Multiple Listing Service of Northern Illinois (MLSNI), the 6-bedroom, 5.5-bath abode awash in a abbreviate auction on August 25th for $399,000 below the allurement price.

"The home has a lot of abundant affairs credibility that helped move it off the bazaar in beneath than three months," said Christine Carr, who represented the applicant of the property. "And it was complete on an colossal lot, which adds abundant amount in a adjacency like Lincoln Park."

Other highlights of the 17-room elevator-equipped abode are a home theater, access gallery, library, bar and gaming room, multi-level wine cellar, 36 x 24 sq. ft. ancestors room, and rooftop putting green. Chicago's a lot of big-ticket home awash this year aswell has a four-car absorbed barn and laundry on both the aboriginal and additional floors. The accommodation accouter appearance an alfresco fireplace, kitchen, bar and lounge, and bare angle of the cityscape. The custom attic plan is outfitted with top-of-the-line finishes and it has a advanced electronics arrangement with aegis cameras.

After the $5.6 actor paid for Howe Street, the next closet acquirement amount in Chicago for 2009 is addition single-family home amid two blocks abroad on the 1800 block of N. Orchard Street. It awash for $5.1 actor in March and in April a abode on the 1900 block of N. Mohawk Street (also in the aforementioned neighborhood) went for $4.4 million.

"The affluence home bazaar in Chicago is absolutely active," Carr said apropos to residential absolute acreage listed for $750,000 and up. "Dream Town has developed a abstracted Luxury Sales analysis to handle all of the high-end acreage listings we're accepting this year."

The August copy of Dream Town's affluence advertisement address even includes an aboriginal Keck House, advised in 1946 by the acclaimed artisan duo Keck + Keck (http://www.dreamtown.com/properties/2939-w-catalpa.html). The company's website aswell has a Chicago Luxury Home Search that accurately targets upmarket backdrop aural city-limits banned (http://www.dreamtown.com/getSearchPage.do?page=luxurysearch). Suburban abode hunters can use Dream Town's Chicago Suburb Search to attending for flush backdrop in alfresco villages.

According to MLSNI bazaar statistics for acquirement prices $750,000 and above, the City of Chicago had about 600 affluence sales in the endure nine months. Since the alpha of January there were 263 closings on alone homes and 330 closings for absorbed backdrop (condos and townhomes). Average auction amount for alone affluence homes awash in Chicago this year is $1,434,655 and absorbed backdrop averaged $1,185,268.

There are currently about 2,000 affluence listings on the Chicago residential absolute acreage bazaar (properties priced $750,000+). Carr is one of the across agents that specialize in affluence home sales and purchases. She has been with Dream Town Realty back 2005 (www.dreamtown.com/agents/christine-carr.html).

About Dream Town Realty
Dream Town is abundantly accustomed as the baton in online Chicago absolute estate. Their top-ranked website (http://www.DreamTown.com) receives tens of bags of different visitors weekly. The aggregation has developed proprietary technology and applications to advance online abode hunting and action the a lot of beat Internet home seek accessible for Chicago buyers today. Dream Town was founded in 1998. It has 120+ able agents who accommodate residential applicant and agent services, in accession to capacity for commercial, all-embracing and REO sales.