Condo at 9 Walton sells for $17.4M

Deal is the second priciest in the Chicago area this year

9 W Walton Street (JDL)
9 W Walton Street (JDL)

A condo sale at the exclusive 9 W Walton Street development is the Chicago area’s second priciest deal so far this year.

The 34th-floor unit sold for $17.4 million in March, according to Cook County property records. The deal appeared to be off market, with no public listings of the property.

The sale is the second priciest single-family deal of the year in Chicago so far, bested only by the $20 million penthouse sale at Trump Tower Chicago.

The buyer and seller are unclear from the property records. The condo was sold by Axel 2018, a trust, and purchased by another trust, Walton Street 3400.

Paul Greenwalt, a representative for Axel 2018, declined to comment on the deal. Axel 2018 purchased the condo from the developer for $8.9 million in 2018.

The deed was prepared by Jonathon Romnick of GEM Capital Realty, who declined to comment. Karen Meehan, an attorney with Gould and Ratner who is representing the buyer, also declined to comment.

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It’s unclear who brokered the transaction.

The 38-story building from JDL Development has attracted celebrities and Chicago’s elite since the developer began selling units in 2017. Ken Griffin, the hedge fund billionaire behind Citadel, bought four unfinished floors at the top of the building for $59 million in 2017, shattering the record for most expensive home sale ever in Chicago. Cubs outfielder Jason Heyward, Blackhawks Patrick Kane and Jonathan Toews all purchased condos in the building.

In addition to the usual luxury amenities, the building also features a house car and driver, private wine storage available, a covered dog run and two guest suites available to all homeowners.

The 7,500-square-foot full-floor penthouse unit on the 65th floor at One Bennett Park in Streeterville is now the highest-priced condo on the market, asking just over $15 million.

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