You Can Buy a Hotel-Condo Inside Chicago's Iconic Trump Tower For $125,000 (Seriously)
Posted by Leo Clark. on
It goes without saying that everybody loves a good deal, and that especially rings true for local real estate investors. As you might have previously heard about or read, bargain shoppers are already in the process of gobbling up units inside any number of Trump buildings scattered throughout the country, including the one right here in downtown Chicago. Â
Most are crediting the combination of the COVID-19 pandemic and the former president’s polarizing persona as the driving force behind the incredible price cuts we’re seeing, which are anywhere from hundreds of thousands of dollars to up to a million dollars in some cases.Â
According to a recent piece in the Chicago Tribune, some condo values inside Trump Tower Chicago are down 34% since Trump took…
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With everything opening back up again, more and more people are being enticed to come back to Downtown Chicago, which could lead to a surge in Chicago condo sales.
In case you missed it, Chicago Bears star linebacker Khalil Mack closed on a new Gold Coast condo last month, paying $6.85 million for the unit according to a report from Crain’s.
Since its completion in the spring of 2019, One Bennett Park has been widely considered one of the premier residential towers in all of Chicago. The building’s elegant design from Robert A.M. Stern Architects blends in perfectly with other neo-deco and neo-Gothic styles found throughout the city and the 1.7 acre park just outside the front doors only add to its exterior beauty. But just what exactly makes it one of the city's finest places to call home? We explored 4 simple reasons why below...
As a mammoth two-tower condo development located right where River North and the Gold Coast connect, there is a lot to take in when it comes to the new One Chicago complex.
In case you missed it, one local developer is currently offering an intriguing incentive to buy at a brand new building that also involves, well, renting. As first reported by Crain’s Chicago Business, Lendlease is rolling out a new deal that allows buyers to rent a unit in the building next door while they wait for their new condo to be finished. And to top it off, a portion of the rent you pay in the interim will go towards the purchase of your new condo.Â
When it comes to the ultimate luxury living experience in Downtown Chicago, hotel-condos are cream of the crop. Buildings like Trump Tower, Waldorf Astoria, and Park Tower have been a top choice for years, and with the emergence of the St. Regis Chicago, options and opportunities for a lavish and luxurious hotel-condo have never been stronger here in the heart of the Windy City.
A Lincoln Park penthouse has sold for $9 million, representing the highest price paid for a Chicago condo since a unit on Walton Street in Chicago’s Gold Coast moved for just under $11 million back in March of 2019.
One of Chicago’s newest residential developments has officially topped out, according to recent reports. A joint-venture between Lendlease and Magellan Development Group, Cirrus represents one of the final buildings to be added to the spectacular Lakeshore East community, which of course acts as Downtown’s most celebrated master-planned development to date.
Thinking about a new construction condo in the new year? Here's where you'll want to start your search in 2021...