The Gold Coast's first new high-rise in a decade is a shining example of the new face of luxury living.
Luxe living in Chicago’s Gold Coast has long meant owning a spacious place in a classically designed high-rise. No longer. With the completion of 4 East Elm, the area’s first new condo building in a decade, the staid Gold Coast now has a dazzling modern option that’s delivering what people now want.
Forget limestone facades, mansard roofs, and Beaux Arts styling—4 East Elm is all sleek geometrics clad in a shimmering glass curtain wall that sports diamond-sharp edges and cantilevered balconies that hover over its luminous façade. Even the support columns, visible inside and out, are strikingly lean—all the better to foster fabulous views.
The 24-story, 34-unit structure by Solomon Cordwell Buenz, with interiors by Gary Lee Partners, pays homage to Chicago’s rich history of modern architecture, but also speaks to today. “People covet the intimacy of a small, cosseted community with superior amenities,” says @properties co-founder and luxury real estate marketing maven Michael Golden. Inside their units, “they want large, airy, open spaces that are also stylish but versatile so they can be used for formal and casual occasions,” he adds. With 360-degree transparency and only two units per floor, save for those with combined units, 4 East Elm delivers on all of these measures.
Amenities include a state-of-the-art fitness center and spa; a sprawling sundeck and pool; a resident’s lounge with a full kitchen; a movie screening room; and a 24-hour doorman—all for just 34 units. The roomy, 3,100- to 3,500-square-foot units, which boast 10-foot-high ceilings and private elevator access, are equally stacked with “luxury options that are above and beyond what you usually see in boutique buildings,” says Gary Lee Partners design principal David Grout. “Buyers make their selections from palettes we curated that include 10 different options for every feature, but virtually any kind up upgrade they dream up is possible.”
Fixtures and finishes include five-inch-wide rift-sawn oak plank floors, LED lighting, and Florense cabinets; stone and natural quartz countertops; Sub-Zero, Wolf, and Miele kitchen appliances; and Grohe or Lavaca bathroom fixtures. Almost half the building’s 35 units, originally priced from $2.1 million to $4.2 million except for the $7.2 million penthouse, were under contract when the building broke ground in 2014, explains Golden. And only eight are left now, but he doesn’t think they’ll last long. After all, if the 21st century incarnation of “location, location, location” is “location, light, views,” then 4 East Elm really does have it all. 4 E. Elm St., 312-542-1144