Chicago Real Estate News & Neighborhood Notes

According to a recent report from Crain’s, the co-founder of Chicago-based Vivid Seats has applied for a construction permit that would allow him to combine six units inside Water Tower Place—one of Streeterville’s most luxurious condo buildings.

As noted in the report, Mr. Vassilatos purchased the six units individually between 2010 and 2016, and the estimated cost to combine these units is somewhere in the $8.5 million range.

The condos are situated on three separate floors inside the building, and combined, offer more than 14,000 square feet of living space.

If actually finished, the newly revamped mega-space would likely become one of downtown Chicago’s most expensive residences.