The Ritz-Carlton has set a record for the longest-ever sales period for downtown high-rise. Within the last few weeks, the last 2 of the 89 total condos in the luxury property were sold.
Going back to late 2018, there were only 4 units within the property that remained unsold. The final 2 condo units in a North Michigan Avenue high-rise sold recently making it 13 years since units in the building first went up for sale.
The final units that sold were A 38th-floor penthouse unit and a 34th-floor condo at the prestigious Ritz-Carlton Residences. According to records, this event marks the ending of the the longest-ever sales programs of a downtown condo building. The only one that rivals the Ritz is the Trump International Hotel & Towers, which took
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The Ritz Carlton Residences at 118 E. Erie are easily considered to be some of Chicago’s most luxurious condo units, which is why recent price cuts are worth taking note of if you’re in the market for a new unit.