Posted Sep 27, 2021, 7:31 PM
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Join Date: Apr 2018
Location: Lakeview East Chicago
Posts: 173
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Tribune Tower condo sells for over $8 million
Quote:
A nearly $8.1 million unit is one of five condominiums in the redeveloped Tribune Tower that sold this month, continuing Chicago’s streak of multimillion-dollar home sales.
The unit on the 22nd floor—the highest priced condo in the building—sold for almost $8.1 million, according to the developers. That's the fifth-highest home sale price of the year for the Chicago area.
The 4,185-square-foot unit includes four bedrooms and four bathrooms. It also has a 1,000-square-foot outdoor terrace that faces east and overlooks the Pioneer Court.
“It’s one of the most iconic buildings in the United States,” said Chezi Rafaeli, a broker at Coldwell Banker who represented the buyers, declining to disclose their identity. “People in this building are paying such a premium because of the historical aspect of the building...."
The 4,185-square-foot unit includes four bedrooms and four bathrooms. It also has a 1,000-square-foot outdoor terrace that faces east and overlooks the Pioneer Court.
“It’s one of the most iconic buildings in the United States,” said Chezi Rafaeli, a broker at Coldwell Banker who represented the buyers, declining to disclose their identity. “People in this building are paying such a premium because of the historical aspect of the building.”
Two other units sold this month in the Tribune Tower, according to the developers: a two-bed, two-bath condo on the 4th floor for $1.24 million, and a one-bed, one-bath sold for $1.6 million...
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https://www.chicagobusiness.com/resi...over-8-million
Still no word on how many have sold but that's encouraging for the addition if the biggest/highest price units are selling.
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