LMTC: The Blog

Market News, Neighborhoods John Voirol | Chicago REALTOR® Market News, Neighborhoods John Voirol | Chicago REALTOR®

North Center Just Got $100,000 More Expensive. Here’s What’s Coming Next.

North Center has become one of the most competitive places to buy a home on Chicago’s North Side, and the surge is still in its early stages. For years, people moved here for the schools and stayed for the quiet blocks. Now the neighborhood is rebuilding its commercial core around them. More than 300 new homes, plus new shops, bars and restaurants, are moving through approvals and permits, and almost none of it has opened yet. The demand is already here. The neighborhood people are buying into is still being built.

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Luxury Homes, Neighborhoods John Voirol | Chicago REALTOR® Luxury Homes, Neighborhoods John Voirol | Chicago REALTOR®

Downtown Chicago's Luxury Market Is Back. Here's Why — and What It Means for Buyers.

For several years, Chicago's downtown luxury market — the Gold Coast, River North, Streeterville, Lakeshore East — watched buyers migrate north. Lincoln Park, Lakeview, and Wicker Park were absorbing demand, prices on the North Side were rising sharply, and downtown condominiums were sitting longer than their owners expected.

That dynamic has shifted in 2026, and the reasons are worth understanding if you're considering a purchase in either location.

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