Exclusive Price Cuts NOW OFFERED at The Ritz Carlton Residences

Posted by Leo Clark. on Monday, September 26th, 2016 at 7:47am.

The Ritz Carlton Residences at 118 E. Erie are easily considered to be some of Chicago’s most luxurious condo units, which is why recent price cuts are worth taking note of if you’re in the market for a new unit. 

Earlier this month, the building revealed an exclusive opportunity to buy into the building at a significantly discounted rate, which of course is just in time for the busy fall market. With much of downtown Chicago’s new development catering to the red hot rental market, the inventory of new construction condos in downtown neighborhoods like Streeterville, River North, and the Gold Coast is still lacking, even despite a few new projects like 4 E. Elm and 9 W. Walton already in the pipeline. 

If the Ritz Carlton is a building you haven’t previously considered, keep in mind its location just off Michigan Avenue provides the ultimate downtown location, while the Ritz Carlton brand in general is synonymous with luxury, meaning interior finishes and lifestyle amenities are both top-of-the-line. 

For a closer look at the special pricing now being offered at The Ritz Carlton, take a look at the chart below, or call our luxury real estate team today to schedule a private tour of any available units currently listed on the market. 

MLS # Previous Price Current Price Sq Ft PPSF (previous) PPSF (special) Difference
9343064 $892,221.00 $800,000.00 1423 $627.00 $562.19 $64.81
9343067 $930,000.00 $820,000.00 1423 $653.55 $576.25 $77.30
9343084 $1,390,000.00 $1,100,000.00 1505 $923.59 $730.90 $192.69
9343088 $1,420,000.00 $1,145,000.00 1505 $943.52 $760.80 $182.72
9343069 $1,399,000.00 $1,250,000.00 1912 $731.69 $653.77 $77.93
9343098 $1,570,000.00 $1,290,000.00 1912 $821.13 $674.69 $146.44
9343532 $1,747,175.00 $1,660,000.00 1937 $902.00 $857.00 $45.01
9343110 $2,220,000.00 $1,770,000.00 2440 $909.84 $725.41 $184.43
9343113 $2,901,929.00 $1,800,000.00 2440 $1,189.32 $737.70 $451.61
9250272 $2,670,185.00 $2,500,000.00 2461 $1,085.00 $1,015.85 $69.15
9250240 $4,118,625.00 $3,850,000.00 3661 $1,125.00 $1,051.63 $73.37

 

START BROWSING ACTIVE CONDOS FOR SALE AT THE RITZ CARLTON RESIDENCES BELOW

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