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.
Quick Search
Stunning Lake Views From This Highly Upgraded Open Floor Plan Waldorf Home. Rarely Available Pote...
This Outstanding Home, Designed By Renowned Architects Liederbach And Graham, Offers A Unique Ble...
Indulge In The Epitome Of Sophistication With This Unparalleled Fully-furnished Trump Tower Resid...
Spectacular Penthouse Unit On The 86th Floor, Designed By The World-renowned Architect Adrian Smi...
Exquisite And Historic, 1521 N. State Parkway Is A Rare, Prized Property On One Of Chicago's Most...
One Of A Kind Unit At The Palmolive! Expansive Full Floor Unit, One Of Only Five In The Building...
The Tribune Tower Residences- Chicago's Most Iconic Building. This Iconic Home Boasts Over 3,900s...
The Award Winning Newly Renovated Four Seasons Hotel, Atop 900 N. Michigan Avenue's Bloomingdales...
Rarely Available 3 Bedroom + Den, Luxury Residence At The Waldorf. Designer Home With Marvelous O...
Experience The Epitome Of Luxury Living With Private Elevator Access To This Exquisite 4500 Sq.ft...
Perfect Pied-a-terre In Chicago's Most Coveted Building - No. 9 Walton. This Beautifully Designed...
The Award Winning Newly Renovated Four Seasons Hotel, Atop 900 N. Michigan Avenue's Bloomingdales...
Move Right Into This Never Lived In Turn Key Unit That Is Fully Furnished In One Bennett Park ~ T...
Introducing An Exceptional Offering In The Luxurious Waldorf Astoria - An Exquisite And Rarely Av...
Top Six Floors Are Available As Ultra High End Rental Homes Called The Penthouse Collection, Thes...
Introducing A Truly Spectacular One-of-a-kind Residence At The Iconic Lincoln Park 2550. This Exq...
Welcome To The Rhone Featuring The Saone Penthouse Collection, The Newest And Most Exclusive Lux...
One-of-a-kind Duplex Residence At Tribune Tower Residences, Chicago's Most Iconic Building. This ...
An Opportunity To Lease A Sprawling Designed And Furnished Home In Chicago's Coolest Neighborhood...
Rarely Available - Penthouse At 340 On The Park! High Ceilings And Floor To Ceiling Windows Thro...
Presenting An Extraordinary Opportunity To Acquire An Exclusive And Exceptionally Rare 58th Floor...
This Stunning Home Is Situated In A Striking, Boutique Building With Incredible Amenities And Bui...
Closer To Heaven From 51. Lakeshore East's Prize, 340 On The Park. Residence 5103 Is A 3/4 Bedroo...
Sought After, Coveted 4th Floor Unit With Soaring 12 Ft Ceilings. Beautiful, Historically Signif...