Condo sale tops $6M at Chicago’s St. Regis

The sale follows a slew of other recently closed deals at the tower, including two at almost $9 million.

St. Regis Chicago at 363 East Wacker Drive with Leila Zammatta of Magellan Realty and Lina Shah of Coldwell Banker Realty (Magellan, Coldwell)
St. Regis Chicago at 363 East Wacker Drive with Leila Zammatta of Magellan Realty and Lina Shah of Coldwell Banker Realty (Magellan, Coldwell)

Another condo at Chicago’s St. Regis has sold for more than $6 million.

The sale follows a slew of recently closed deals at the tower, including two at almost $9 million each. This 56th-floor unit is 4,500 square feet and has four bedrooms. It was originally listed at $6.9 million and the sale closed on May 23.

This is the 52nd Chicago-area sale at or above $4 million so far this year. The pace of luxury home sales would put 2022 ahead of 2021, when a record-setting 101 homes sold in the same price range.

The buyers, whose names weren’t disclosed in public records, put the property under contract in April 2022. Leila Zammatta of Magellan Realty represented the developer. Lina Shah, of Coldwell Banker Realty, represented the buyer.

Sign Up for the undefined Newsletter

This deal follows the sale of a 6,200-square-foot condo for $8.97 million and a 3,200-square foot condo with three bedrooms and three baths for just under $3.8 million. The condos closed on April 29 and April 11, respectively. Zammatta represented the developer in all transactions.

Formerly the Wanda Vista Tower, the St. Regis Chicago is a 101-story tower completed in 2020. Located at 363 E Wacker Dr, it is the city’s third tallest building. The building’s chief architect is Jeanne Gang, head of Studio Gang Architects.

Several other major sales should be coming to the tower soon. The tower’s agent has 13 units listed as “pending” on public listing sites, including three units over $10 million — one of which, listed at $18.5 million — would be among the priciest sales in Chicago this year, should it close at that price.

Read more

Residential
Chicago
Three condo sales signal Chicago luxury market still scorching
Residential
Chicago
St. Regis condo sells for almost $9M