The most expensive residential sale in Chicago so far this year is tied to a Mexican mining billionaire. According to recent reports, German Larrea was the buyer of a more than $20 million condo on the 71st floor of Chicago’s St Regis Tower.
Larrea is a part-time resident of Chicago, but he’s also the CEO of a mining company called Grupo Mexico. Not only does the sale mark the most expensive yet for 2022, but it also goes down as one of the most expensive home sales in Chicago history.
It’s not the first time Larrea has purchased property in Chicago. In 2014, he reportedly used a limited liability company to purchase a $3.5 million condo on the 38th floor of the Ritz-Carlton Residences.
A couple of years later, he did something similar with a…