Mega Condo Deal Closes at St. Regis For $20+ Million

Posted by Leo Clark. on Tuesday, September 27th, 2022 at 1:04pm.

The City of Chicago just set a new record for the priciest recorded sale of the entire year. A Downtown Chicago condo recently sold for more than $20 million.  

Part of the Residences at the St Regis Chicago, the condo has a total of five-bedrooms and its own private outdoor pool. While the name of the new owner isn’t being released, we do know the property is actually the combination of several units and some outdoor space. 

The two-story duplex takes up around 11,000 square feet on the 71st and 72nd floors of the building. Along with a pool, the more than 8,000 square foot outdoor space additionally includes a hot tub and some dining space. 

The St Regis has nearly 400 condos and nearly 200 hotel rooms. Residents of the property enjoy access to all the hotel amenities, plus the building has a golf lounge and a fitness center. 

The first units in the Lakeshore East building began selling a few years ago. Options generally range from around 1,000 square foot units to full-floor penthouse residences.  

The sale may mark the year’s most expensive recorded sale in Chicago so far, but it still sits well below the overall record. In 2017, a hedge-fund mogul purchased several floors of a Chicago condo building for more than $58 million. 

Photo: Google Maps

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