Chicago Real Estate News & Neighborhood Notes

Ken Griffin recently sold two full-floor condos at Chicago's prestigious No. 9 Walton Tower to Illinois Governor J.B. Pritzker for $19 million. This transaction marked a significant financial loss for Griffin, who had purchased the properties for over $34 million in 2017, representing a 44% drop in value. The units, spanning the 37th and 38th floors, are unfinished and include luxury features such as four terraces, a rooftop deck, and access to exclusive building amenities like a gym, sauna, and wine cellar

Griffin's sale follows his departure from Chicago to South Florida, amid criticism of Illinois' governance and rising crime rates. The sale is notable not only for its financial implications but also due to the political rivalry between Griffin and Pritzker. Despite their differences, the deal represents one of Chicago's priciest condo sales of 2024 and highlights the ongoing challenges in the city's luxury real estate market 

See all Condos For Sale or Rent at 9 Walton