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An $8.2M deal at the St. Regis Chicago tops this week’s list of Chicago home sales. The ranking also includes transactions in Winnetka and Glencoe.
1) 363 East Wacker Drive, Unit 7801 – $8.2 million
Property type: Condo
(Source: Realtor.com)
The St. Regis Chicago continues to pace the city in terms of luxury sales. This week’s top deal is for Unit 7801 in the 101-story residential and hotel development. The home, a four-bedroom, five-bathroom unit, was sold for $8.19 million. The buyers are Blake Horio, a doctor, and his wife Beth. The 6,121-square-foot property was first listed on Nov. 3 for $9.1 million, according to Zillow. It went into contract on the same day.
The building, previously known as the Vista Tower, is the third-tallest in the city. The 1.9 million-square-foot property contains a 191-key hotel in the bottom 11 floors and a residential portion with 393 units on the upper floors. The residential portion of the building, called the Residences at St. Regis Chicago, opened last year.
There are currently 43 active listings in the building, according to Zillow. This includes the priciest units in the property, which are all under contract. The homes have asking prices ranging from $8.4 million to $18.5 million.
2) 151 Meadow Lane – $4 million
Property type: Single-family home
(Source: Compass)
A 2.6-acre estate in Winnetka sold for more than the asking price. The property, at 151 Meadow Lane, is a “gracious, substantial Georgian home” that changed hands in a $4.03 million transaction. The property includes a private pool, a game room with a pool table, a bar area and a rec room. It was put on the market on Sept. 14 with an asking price of $3.99 million. It went into contract on Oct. 27. The seller is John T. Griffin. The buyer is 151 ML LLC, an entity domiciled in Delaware.
3) 1505 North North Park Avenue – $3.3 million
Property type: Single-family home
(Source: Redfin)
Michael T. Clune, the head of Chicago firm Clune Construction Company, bought a newly-built mansion near Lake Shore Drive sold for $3.3 million. The five-bedroom, six-bath home, at 1505 North North Park Avenue, was completed in the spring of last year. The 6,000-square-foot property has features such as four fireplaces and a large roof deck with skyline views. It went into contract in January with a last asking price of $3.35 million. The seller is Chicago-based home builder Urbane Home.
4) 9 Briar Lane – $2.4 million
Property type: Single-family home
(Source: Redfin)
Timothy H. Ubben, an investment executive and philanthropist, sold his Glencoe mansion before passing away last December. Ubben, who helped found an education program for low-income youth called the Posse Foundation, signed a $2.38 million deal for the four-bedroom, three-and-a-half bath home at 9 Briar Lane. The deed was recorded on December 12 but only appeared in property records this week. Ubben reportedly died on Dec. 13, according to the Chicago Tribune. The buyer is a trust managed by Jane D. Casper.
5) 401 North Wabash Avenue, Unit 32A – $2.1 million
Property type: Condo
(Source: Redfin)
Unit 32A at the Trump International Hotel sold for $2.1 million. The three-bedroom, four-bath property has been on and off the market since 2013, according to Zillow. It was first listed as a $13,000 per month rental. In 2015, it was offered with an asking price of $3.85 million. After a series of price chops, the unit went into contract on Nov. 30. The sellers are Victoria and Anatoly Levin. The buyer is Wabash Investment Group, LLC.