You Can Buy a Hotel-Condo Inside Chicago's Iconic Trump Tower For $125,000 (Seriously)

Posted by Leo Clark. on Friday, July 9th, 2021 at 9:54am.

Trump Tower ChicagoIt goes without saying that everybody loves a good deal, and that especially rings true for local real estate investors. As you might have previously heard about or read, bargain shoppers are already in the process of gobbling up units inside any number of Trump buildings scattered throughout the country, including the one right here in downtown Chicago.  

Most are crediting the combination of the COVID-19 pandemic and the former president’s polarizing persona as the driving force behind the incredible price cuts we’re seeing, which are anywhere from hundreds of thousands of dollars to up to a million dollars in some cases. 

According to a recent piece in the Chicago Tribune, some condo values inside Trump Tower Chicago are down 34% since Trump took office, compared to a 6% decline in other nearby luxury buildings during that same timeframe. 

Believe it or not, a number of hotel units inside the building have already closed this year for well under $130,000, a price that was unheard of when the building was finished back in 2009—and that was coming off one of the biggest real estate crashes we’ve ever seen.  

Polarizing figure or not, if you’re looking for a once-in-a-lifetime deal, Trump’s Chicago tower is an option any savvy investor must consider. 

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