$17M In Condo's Sold In 2 Days At The St. Regis Chicago Residences!
Posted by Leo Clark. on Tuesday, January 28th, 2025 at 3:17pm.
The St. Regis Residences in Chicago have recently seen a remarkable increase in high-end condominium sales, emphasizing the property's strong appeal in the luxury real estate sector. A standout sale involved a full-floor condo that fetched $8.3 million, setting a record as the most expensive unit sold in the riverfront tower since its inception. In a noteworthy development, GD Holdings purchased several residential units within this renowned tower for $110 million, further showcasing the St. Regis's timeless allure. Moreover, three luxury condos changed hands over the course of just two days, accumulating a total of $17.1 million in sales. This included a $6.48 million purchase of a unit on the 52nd floor, a $6.3 million sale for a 60th-floor condominium, and a $4.34 million transaction for another unit on the same floor. These transactions signify a heightened confidence in the luxury market in downtown Chicago, even in the face of previous obstacles. The St. Regis Chicago remains a magnet for wealthy buyers, reinforcing its reputation as a top-tier address.
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