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
15 Properties Found.
118 East Erie Street #28e
$2,300,000
- 2 Beds
- 2½ Baths
- 2,461 SqFt
Large, South And West Facing 2 Bedroom, Ultra Lux Condo At The Ritz Carlton! The Unit Has 2 Terra...
118 East Erie Street #30g
$1,900,000
- 3 Beds
- 2½ Baths
- 2,874 SqFt
Absolutely Stunning, Designer 3bed/2.1 Bath Home At The Ritz-carlton Residences. No Detail Or Exp...
118 East Erie Street #23a
$1,700,000
- 3 Beds
- 2½ Baths
- 2,440 SqFt
Stunning & Spacious 3bed/2.1bath Home At The Ritz-carlton Residences. Preferred Southeast Corner ...
118 East Erie Street #15a
$1,700,000
- 2 Beds
- 2½ Baths
- 2,366 SqFt
Fully-furnished 2 Bed/2.1 Bath Residence At The Ritz-carlton Residences. This Gracious 2,366 Sq F...
118 East Erie Street #35f
$1,375,000
- 2 Beds
- 2½ Baths
- 2,000 SqFt
Welcome Home To The Ritz-carlton Residences In The Heart Of The Magnificent Mile! This Gracious 3...
118 East Erie Street #20c
$1,299,000
- 2 Beds
- 2½ Baths
- 1,912 SqFt
Exquisite, Heavily Upgraded Northeast Corner 2bed/2.1bath Home At The Ritz-carlton Residences. B...
118 East Erie Street #23c
$1,299,000
- 2 Beds
- 2½ Baths
- 1,912 SqFt
Spectacular North Views Of Michigan Ave & Lake From This 2 Bedroom / 2.5 Bath Unit In The Ritz-ca...
118 East Erie Street #18b
$1,150,000
- 2 Beds
- 2 Baths
- 1,505 SqFt
The Ritz Carlton Residences - Beautifully Presented And Immaculately Maintained East Facing Two B...
118 East Erie Street #20d
$799,000
- 1 Beds
- 1½ Baths
- 1,423 SqFt
As Featured On The Cover Of Luxe Magazine... Live At The Ritz-carlton Residences In The Heart Of ...
118 East Erie Street #p-902
$75,000
Deeded, Valet Parking Space Available Only To Another Owner Of 118 E Erie Condominium.
118 East Erie Street #15a
$13,800
- 2 Beds
- 2½ Baths
- 2,366 SqFt
Fully-furnished 2 Bed/2.1 Bath Residence At The Ritz-carlton Residences Available For Immediate M...
118 East Erie Street #30g
$10,500
- 3 Beds
- 2½ Baths
- 2,874 SqFt
Absolutely Stunning, Designer 3bed/2.1 Bath Home At The Ritz-carlton Residences. No Detail Or Exp...
118 East Erie Street #18b
$6,500
- 2 Beds
- 2 Baths
- 1,505 SqFt
The Ritz Carlton Residences - Beautifully Presented And Immaculately Maintained East Facing Two B...