Investor Planning to Combine 2 Trump Tower Units Into 5,000+ Square Foot Rental
Posted by Leo Clark. on Saturday, December 26th, 2015 at 11:11am.
Trump Tower in Chicago’s River North neighborhood is one of the city’s most exclusive places to call home. You don’t need us to tell you that. But when a developer is planning to buy two separate units on the 80th floor and combine them to make one spectacular rental suite, it’s definitely something that still catches your eye, even for Trump Tower.
As first reported by Crain’s, a Northbrook real estate investor has closed on unit 80a for more than $3.1 million and 80b for more than $1.4 million, and plans to combine the two units into a build-to-suite rental that could be an attractive option for a high-profile athlete or executive who wants a custom-designed living space without the headache of buying.
Recognizing a shortage in penthouse units in arguably Chicago’s most famous condo tower, the plan isn’t that crazy, even despite the rental price possibly being upwards of $30,000. Once combining the two units, the living space will offer just under 5,000 square feet, also filling the need for larger units inside Trump Tower, which is certainly one thing this larger-than-life building is lacking.
Only time will tell how this shakes out, but for now, it’s nice to see the luxury rental market in downtown Chicago still seems to be thriving.
CHECK OUT SOME OF CHICAGO'S HOTTEST LUXURY RENTALS CURRENTLY ON THE MARKET
514 North Peshtigo Court 3811
$18,595
- 4 Beds
- 5 Baths
- 3,323 SqFt
This Four Bedroom, Four And Half Bathroom Penthouse Is Truly One-of-a-kind! Relax And Entertain O...
435 North Michigan Avenue 1401
$18,500
- 3 Beds
- 4 Baths
- 3,219 SqFt
The Tribune Tower Residences- Chicago's Most Iconic Building. This Iconic Home Boasts Over 3,200s...
14 West Superior Street 6501
$18,000
- 2 Beds
- 3 Baths
- 2,783 SqFt
Welcome To 14 W Superior Unit 6501, A Luxurious 2 Bedroom, 2.1 Bathroom Condo In The Prestigious ...
2127 North Cleveland Avenue
$16,900
- 5 Beds
- 6 Baths
- 7,300 SqFt
Best Location In Lincoln Park. Situated On A Deep Lot In The Center Of One Of East Lincoln Park's...
451 East Grand Avenue 5402
$16,500
- 3 Beds
- 3 Baths
- 2,121 SqFt
Beautiful, One Of A Kind, Fully Furnished Unit In The Premier Residences Of One Bennett Park. Thi...
435 North Michigan Avenue 1001
$16,500
- 3 Beds
- 4 Baths
- 3,087 SqFt
Iconic Tribune Tower Residence Home Spanning Over 3,000 Sqft. This Condo Feels Like A Single Fami...
2138 North Clifton Avenue
$16,500
- 6 Beds
- 7 Baths
- 5,200 SqFt
This Is A Fantastic Opportunity To Rent A Completely Custom-built Home In A Great Lincoln Park Lo...
369 West Grand Avenue 3902
$16,000
- 3 Beds
- 3 Baths
- 1,921 SqFt
Soar Above The City With The Penthouse Collection At 369 Grand. Included With Each Home Are Expan...
77 East Walton Street 22b
$16,000
- 3 Beds
- 4 Baths
- 3,550 SqFt
A Spectacular Offering! Indulge In The Refined And Service-oriented Lifestyle Of The Prestigious ...
37 East Elm Street
$15,800
- 4 Beds
- 5 Baths
- 4,100 SqFt
Gold Coast Beauty! This Historic Potter Palmer Home Situated On Desirable Elm Street Is Fully Upd...
1347 North State Parkway 1
$15,500
- 6 Beds
- 6 Baths
Welcome To This Stunning Home In The Desirable Gold Coast Neighborhood. This Beautifully Designed...
2020 North Tripp Avenue
$15,000
- 6 Beds
- 5 Baths
- 2,864 SqFt
Brand New 3 Story Luxury Home. Perfect For Large Or Small Groups.6 Large Bedrooms. All New Furnit...
840 North Lake Shore Drive 1101
$15,000
- 4 Beds
- 4 Baths
- 4,308 SqFt
Preferred Tier With Fabulous Views--high End Finishes And A Theater Room!
144 West Erie Street 1001
$14,600
- 3 Beds
- 3 Baths
- 2,475 SqFt
Welcome To The Rhone Featuring The Saone Penthouse Collection, The Newest And Most Exclusive Luxu...
363 East Wacker Drive 4206
$14,000
- 3 Beds
- 3 Baths
- 2,517 SqFt
The Residence At The St Regis Chicago! Spectacular Northeast Corner 3 Bedroom 2.1 Bath Residence ...
257 East Delaware Place 10ab
$13,900
- 4 Beds
- 5 Baths
- 4,000 SqFt
Gold Coast Charm Meets Modern Design At The Historic 257 E Delaware. Nestled Along The Prestigiou...
411 East North Water Street
$13,900
- 3 Beds
- 5 Baths
- 6,200 SqFt
Luxurious And Spacious Townhome Situated Along The Picturesque Banks Of The Chicago River. With 6...
451 East Grand Avenue 4602
$13,500
- 3 Beds
- 3 Baths
- 2,121 SqFt
Luxury 3br Condo In Chicago's Premier Full-service Building, One Bennett Park. Boutique Condo Liv...
401 North Wabash Avenue 39a
$13,500
- 3 Beds
- 4 Baths
- 3,437 SqFt
Experience The Elegance Of This Remarkable 3,500sqft, 3-bedroom, 4-full-bathroom Residence At Tru...
4 East Elm Street 20n
$12,500
- 2 Beds
- 2 Baths
- 2,100 SqFt
Indulge In Unparalleled Privacy And Sophistication Within The Heart Of The Esteemed Gold Coast At...
1922 West Grace Street
$12,500
- 6 Beds
- 6 Baths
- 5,000 SqFt
Welcome To Luxury Living In The Heart Of The City! This Remarkable Residence Offers 6 Bedrooms An...
1946 North Halsted Street 301
$12,495
- 3 Beds
- 3 Baths
- 2,544 SqFt
Unparalleled Luxury Living In The Heart Of Lincoln Park With This Exceptional Brand New Construct...
155 North Harbor Drive 3511-12
$12,000
- 4 Beds
- 3 Baths
- 3,000 SqFt
Living In This Condominium Comes With Bragging Rights From The Moment One Enters This Gracious Ho...
180 East Pearson Street 5706
$12,000
- 2 Beds
- 3 Baths
- 2,754 SqFt
Rarely Available Southwest Corner 2 Bedroom Plus Den At The Iconic Water Tower! Open Floorplan Pe...