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No-Reserve Auction August 20 – Chicago’s Gold Coast

Chicago, IL, July 22, 2020 — Perfectly located in the city’s Gold Coast neighborhood of Lincoln Park near Lake Michigan in Chicago, Illinois, the residence (named Astor Terrace), is located in a quintessential area filled with history, and renowned neighbors. With a rare, private and secluded courtyard terrace garden, the property offers endless possibilities and the optimal canvas for a dream home creation for the most discerning of homeowners. Supreme Auctions will offer the property through a luxury no-reserve auction in cooperation with Alex Wolking with Keller Williams Chicago-Lincoln Park on August 20, 2020.

“Originally designed and built in 1891 for Charles Valette Kasson by the famed architects, the Pond & Pond Brothers, this home has been upkept with the greatest of care,” stated Jennie Heal, President of Supreme Auctions. “In addition to the historical prestige, Astor Terrace is located in one of Chicago’s most renowned treasured residential communities. The Gold Coast neighborhood possesses a quiet atmosphere filled with tree-lined streets, stately homes and numerous connections to the city’s past, that include the original Playboy Mansion and many influential families’ homes, including the current residence of Governor Pritzker.”

Astor Terrace is the epitome of brilliance and majesty for the affluent individual in search of privacy and comfort. Nestled on two city lots, an addition in 1930 combined the neighboring home, and in 1940 the property underwent an extensive renovation. The home encompasses six bedrooms, multiple bathrooms, formal living and dining rooms, kitchen, library, casual den, maid/caretakers quarters, wine cellar, unfinished basement and a rare private perennial garden terrace courtyard. This unique residence is perfect for raising a family, hosting friends and family, and enjoying life to the fullest.

“This home has a sense of timeless grace,” stated current owner, Margaret Elliott. “It is a relaxing place to be while being immersed in the city. Lincoln Park’s proximity to beaches, Lake Shore Drive and Michigan Avenue, places this house in the best neighborhood and best street in Chicago to soak in all that the city offers.”

Astor Terrace has an excellent location within the northern suburbs of Chicago to take in all the splendor that surrounds you. Lincoln Park is conveniently located at the north end of the street from this home, which provides easy access to outstanding public and private schools, all the while being one of the most coveted blocks in the city. The charming Astor Street district was designated as a Chicago landmark in 1975 and is ideal for a leisurely stroll under the tree canopied street. Additionally, some of the city’s best retail establishments and restaurants are all within walking distance.

“The house has been meticulously cared for by the same family for over 62 years, and the sense of pride in ownership definitely shows,” stated Alex Wolking, listing agent. “It’s almost like a suburban home in the city. The garden is truly a one-of-a-kind space, especially in Chicago, where private outdoor space is unheard of.”

Astor Terrace will be sold at a luxury no-reserve auction on August 20, 2020. To learn more, contact Supreme Auctions at (866) 929-2243

Buyers Premium 12%.

Disclaimer : The property is listed for sale by Alex Wolking (Lic: 475.156836 ) of Keller Williams Chicago – Lincoln Park (Lic: 481.012589 ). Data not verified/guaranteed by MLS. Users are responsible for verifying all information for total accuracy. Supreme Auctions, LLC is the provider of auction marketing services with Co-Listing Agent and Auctioneer Daniel Mahaney (Lic:471.018153/441.001277).

65 E. Goethe Street Unit M102, Chicago, Illinois, United States

This magnificent residence lives like a single-family with approx. 5800 square feet on 2 floors and a private street entrance, yet offers the 24-hr. security, maintenance, and management services of an 18-unit luxury, boutique condominium building… the best of both worlds! It showcases the finest designer finishes, creating a timeless oasis in Chicago’s Gold Coast neighborhood. The space flows easily from a formal living room, dining room, library, bar area to an inviting family room, all surrounding a dramatic entry foyer with 11′ ceilings. The 30′ kitchen and breakfast area, designed by de Giulio, opens to 1300 square feet of private, landscaped outdoor space. The 2nd level includes a master suite, his/her baths, dressing rooms, office/study, 2 add’l ensuite family bedrooms. The 4th ensuite bedroom is located on the 1st level, perfect for guests. This elegant, unique home is surrounded by landmark mansions and the lakefront, in one of  Chicago’s most exclusive areas of the city.

Basic Details

Price: $5,989,000

Bedrooms: 4

Bathrooms: 5

Half Bathrooms: 1

Square Footage: 5,800 Sqft

MLS: 10382629

Featured Agent: Sherri Kramer, Broker 

Coldwell Banker Global Luxury | 676 N. Michigan Ave. #3010, Chicago, Il 60611  cell 312.513.4280  fax 781.609.0169  sherri.kramer@cbexchange.com www.lakefrontlivingchicago.com
www.facebook.com/SherriKramerChicagoRE

If you’re searching for a home in Chicago, you’ve come to the right place!

SHERRI has been a realtor in Chicago since l986 and top producer with Coldwell Banker Residential for over 20 years. Her business is based on repeat and referral clients, providing the best support through the complicated process of purchasing or selling a home. She is 100% committed to helping her clients make one of their most important financial decisions and believes that ‘listening’​ to her client’s needs is her top priority.

Sherri specializes in residential properties in Chicago’s Gold Coast, Streeterville, Lincoln Park, Old Town, DePaul, River East, Lakeview, River North, Lakeshore East, West Loop & South Loop neighborhoods. She is skilled and up-to-date on the luxury market, new construction, market & financing trends, technology, social media…and always has a ‘pulse’​ on the market. 

Both regionally and nationally, Sherri enjoys helping her clients anywhere in the country through a vast network of trained and skilled Coldwell Banker agents in every marketplace. She enjoys a great reputation among her colleagues, in addition to her clients, who know they can count on her integrity and professionalism.

As a Seller, it is crucial to have the right realtor assist in staging and accurately positioning the home within the marketplace, as well as provide the best marketing support. As a Buyer, the right realtor provides guidance through the process, within the confines of the buyer’s budget and lifestyle. Sherri has always focused on being the ‘right’​ realtor.

For 30 years, Sherri has been committed to being the ‘real estate professional”​ in her clients’​ lives. “The most important thing we have in business, as in life, is our reputation” according to Sherri. Her clients know they can always count on her!

1000M, the 74-story, super-luxury high-rise, designed by Helmut Jahn with interiors by Kara Mann, has been the best-selling condominium development in downtown Chicago since launching sales last October.

The 323-unit building, located at 1000 S. Michigan Avenue, across from Grant Park, has paced the new-construction condo market throughout the fourth quarter of 2017 and first quarter of 2018, logging 38 contracts, or roughly a third of all new development sales downtown, noted @properties, the exclusive sales firm for the building.

1000M’s sales are more than double the next fastest-selling development, the 94-story Vista Tower, and represent approximately 34 percent of all development sales downtown. The figures are based on data from two sources: Midwest Real Estate Data, LLC, which operates the Chicagoland Multiple Listing Service, and the 4Q17 Downtown Chicago Condo Report compiled by Intregra Realty Resources.

New-construction inventory remains at historically low levels, while demand for luxury condominiums downtown has surged. Year to date, sales at the upper end of the market have significantly outperformed 2017, both in terms of the number of units sold and the price of those units. A number of recent sales have occurred between $1,300 and $1,400 per square foot, and the sale of the penthouse at 9 West Walton late last year topped $2,000 per square foot for raw space.

At 1000M, condominiums under contract range in price from approximately $600 per square foot to more than $1,000 per square foot, @properties noted.

“Virtually every contract we take at 1000M sets a record over what has previously sold south of Millennium Park. Certainly, at the high end of what we’ve sold, we are shattering pricing records for the area,” said John Goldsworthy of @properties, director of sales for 1000M.

“It shows that the market sees exceptional value in 1000M’s architecture, interiors and amenities, our unobstructed views, and our location on Michigan Avenue. We continue to work through a robust list of interested buyers, and we look forward to a strong spring and summer,” Goldsworthy added.

In addition to its fast start, 1000M has also won several awards, including Modern Luxury Interiors’ Best New Development of 2018 and the 2018 Gold Award for Best Presentation Center from the National Association of Home Builders.

1000M is anticipated to break ground in 2019 and be completed by 2022.

Photos courtesy of Millerhare

Shore Club, a new upscale dining option, will offer a one-of-a-kind beachside hospitality experience with unobstructed views of Lake Michigan.

Nestled between the bustling Lakeshore Trails on the edge of North Avenue Beach, Shore Club will open in Chicago later this month. The multi-million-dollar seasonal restaurant and bar will provide guests with a new beachfront dining destination. Featuring floor-to-ceiling windows and panoramic views of Lake Michigan, Shore Club is a space unlike any other in Chicago.
“The concept of Shore Club began with a strong desire to create an elevated hospitality experience on North Avenue Beach,” said Robbie Schloss, one of the four local owners and partners. “We are excited to be able to offer a new dining option, one that we think will become the new “it” place for those looking to relax and enjoy on the beautiful Chicago beaches.”
The new venue, designed by d+k Architects, and MWorks Architects, LLC, will feature three distinct spaces – The Patio at Shore Club, The Restaurant at Shore Club and The Oasis at Shore Club.

The Patio at The Shore Club

The Patio at Shore Club will feature lunch and dinner service on a first-come-first-serve basis. The open-air patio will be the hotspot for those looking to unwind with a quick bite and a cocktail after a long day on the beach. The informal and comfortable atmosphere will feature a rotating schedule of specialty workshops, cooking classes and local art exhibitions.

The Restaurant at Shore Club 

The Restaurant at Shore Club will offer an elevated food menu in a covered, open-air environment. Complete with large glass windows, The Restaurant at Shore Club will make visitors feel as if they are vacationing on a far-off coastal beach.

The Oasis at Shore Club

At the most exclusive space, The Oasis at Shore Club, guests may relax and enjoy the beach views from a sunbed, daybed or a signature cabana. With a Mediterranean-inspired food menu created by Executive Chef Elizabeth Tokarczyk, The Oasis at Shore Club will offer a beautiful array of shared plates and large format options.
In honor of the 59th Annual Chicago Air & Water Show, Shore Club will be celebrating by providing spectators with front row beachside seats all weekend long. On Saturday, Aug. 19 and Sunday, Aug. 20, guests can purchase tickets to gain entry to Shore Club’s patio with exclusive access to the restaurant. A pre-show event will also be held on Friday, Aug. 18t. Tickets, which range from $125 to $750, are available for purchase.



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