Compared to 2017 luxury condo sales for the same eight-month period, when only one property closed over $5,000,000, eight new construction condominiums at No.9 Walton contributed to the record number of fourteen sales this year. In keeping with this trend, the other ultra-luxury condominiums sold were at the Ritz Carlton Residences, The Waldorf-Chicago, and the Palmolive. Two Trump Tower penthouses also sold at noteworthy prices of $9,400,000 and $9,912,000.
Luxury Condos for Sale over $5m
Considering that eleven of the eighteen luxury condominiums for sale over $5m are brand new or yet to be built, it’s clear that new developments will continue to drive Chicago’s upscale market. Three of