In what’s been dubbed the most expensive home sale ever for the Chicago area, a local billionaire just paid $58 million for the top four levels of a new condo building on the city’s Near North side. Located at 9 W Walton Street, the building’s perhaps better known as No 9 Walton.
The $58 million sale price includes more than $21 million for the 38th floor penthouse. In addition, it’s nearly $13 million for the building’s entire 37th floor, another $12 million for the 36th floor and about $12.5 million for the 35th floor.
Until now, the previous highest price paid for a Chicago-area home stood at $19.5 million for a spacious mansion on Lake Michigan. While that home included more than 15,000 square feet of living space, it’s estimated this latest sale involves more than 25,000 square feet of combined residential space.