Chicago Real Estate News & Neighborhood Notes

In case you missed it, the 14,260 square foot penthouse on the 89th floor of Chicago’s Trump Tower officially hit the market last month for a cool $30 million. Not surprisingly, the newly available penthouse is now the highest-priced condo currently on the market.

The current owner, Sanjay Shah, the CEO of Hoffman Estates-based software company Vistex, paid $17 million in cash for the unit back in 2014, which at that time was also just a raw space. According to a report in the Tribune, Shah never actually moved into the space but did finish off the unit with walls and ceilings.

Even with those improvements, the opportunity to make it your own is still there, adding significant appeal to a luxury buyer looking for a truly customized living space.

This particular unit inside Trump Tower features 12 rooms—five bedrooms and 7.5 bathrooms—as well as 19-foot ceilings in the main living area, 18-foot windows, private elevator access, and sweeping views of the cityscape.

The unit also carried a $257,391 property tax bill in 2020 as well.

Currently, the only condo sales in Chicago history over $17 million include the Park Tower penthouse filmmaker George Lucas and his wife purchased in 2015 and the four units Ken Griffin purchased at 9 W. Walton for $58.75, of which only one was for over $20 million.

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$6,000,000

401 N Wabash Avenue 86a, Chicago

4 Beds 5.5 Baths 4,029 SqFt Residential MLS® # 11925721

$3,900,000

401 N Wabash Avenue 85b, Chicago

4 Beds 4.5 Baths 4,000 SqFt Residential MLS® # 12737363

$3,500,000

401 N Wabash Avenue 44a, Chicago

3 Beds 4.5 Baths 3,948 SqFt Residential MLS® # 12640133

$3,300,000

401 N Wabash Avenue 48a, Chicago

3 Beds 4.5 Baths 3,948 SqFt Residential MLS® # 12745466

$2,690,000

↓ $110,000

401 N Wabash Avenue 43a, Chicago

3 Beds 4.5 Baths 3,948 SqFt Residential MLS® # 12624205

$2,595,000

401 N Wabash Avenue 38a, Chicago

3 Beds 3 Baths 3,437 SqFt Residential MLS® # 12761722

$2,490,000

401 N Wabash Avenue 67e, Chicago

3 Beds 4 Baths 3,102 SqFt Residential MLS® # 12634543

$2,350,000

↓ $100,000

401 N Wabash Avenue 86d, Chicago

3 Beds 3.5 Baths 3,000 SqFt Residential MLS® # 12690510

$2,350,000

↓ $150,000

401 N Wabash Avenue 59a, Chicago

3 Beds 3.5 Baths 3,080 SqFt Residential MLS® # 12646153

$2,050,000

↓ $50,000

401 N Wabash Avenue 86b, Chicago

2 Beds 3 Baths 2,400 SqFt Residential MLS® # 12645566

$1,990,000

↓ $110,000

401 N Wabash Avenue 60e, Chicago

2 Beds 3 Baths 2,754 SqFt Residential MLS® # 12671939

$1,700,000

401 N Wabash Avenue 49i, Chicago

2 Beds 2.5 Baths 2,200 SqFt Residential MLS® # 12455297

New

$1,675,000

401 N Wabash Avenue 30j, Chicago

2 Beds 2.5 Baths 2,076 SqFt Residential MLS® # 12753886

$1,599,000

↓ $901,000

401 N Wabash Avenue 2346, Chicago

2 Beds 3 Baths 2,100 SqFt Residential MLS® # 12624895

$1,575,000

401 N Wabash Avenue 81f, Chicago

2 Beds 2.5 Baths 1,952 SqFt Residential MLS® # 12732884

$1,495,000

↓ $105,000

401 N Wabash Avenue 74f, Chicago

2 Beds 2.5 Baths 1,952 SqFt Residential MLS® # 12618985

$1,390,000

↓ $110,000

401 N Wabash Avenue 37k, Chicago

2 Beds 2.5 Baths 2,063 SqFt Residential MLS® # 12594795

$1,350,000

401 N Wabash Avenue 55f, Chicago

2 Beds 2.5 Baths 2,000 SqFt Residential MLS® # 12690900

$1,300,000

401 N Wabash Avenue 84f, Chicago

2 Beds 2 Baths 1,952 SqFt Residential MLS® # 12764040

$1,075,000

401 N Wabash Avenue 37c, Chicago

2 Beds 2.5 Baths 1,800 SqFt Residential MLS® # 12305200

$1,049,000

↓ $101,000

401 N Wabash Avenue 44f, Chicago

2 Beds 2.5 Baths 2,022 SqFt Residential MLS® # 12611596

$845,900

401 N Wabash Avenue 2432, Chicago

1 Bed 1.5 Baths 1,663 SqFt Residential MLS® # 12305204

$829,900

401 N Wabash Avenue 2332, Chicago

1 Bed 2 Baths 1,663 SqFt Residential MLS® # 12305218

$799,000

401 N Wabash Avenue 37i, Chicago

1 Bed 1.5 Baths 799 SqFt Residential MLS® # 12506541

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