Ken Griffin lists two Chicago condos ahead of Citadel move

Ken Griffin is leaving Chicago, really.

The billionaire founder and CEO of hedge fund Citadel announced last month that he was relocating the firm to Miami in light of Chicago’s crime rate. Now, the soon-to-be former wealthiest resident of Illinois has listed his two full-floor penthouse condominiums in Park Tower, Crain’s reported. The 66th- and 67th-floor units are asking $13.25 million and $15.75 million, respectively.

Griffin, who hasn’t been living in Park Tower, paid $6.9 million for the top floor of the 67-story building in 2000. About 12 years later, he paid $15 million for the unit on the floor below.

The 9,250-square-foot penthouse has six bedrooms and seven bathrooms. The unit has 14-foot ceilings, three private outdoor spaces, a custom Jacuzzi on a semi-enclosed balcony and a 400-square-foot rooftop kitchen.The 66th-floor unit has four bedrooms and six bathrooms and spans 8,000 square feet. In 2020, the tax bills for the units were $160,733 and $166,047, respectively.

While Griffin paid a high premium for the units, it’s not the priciest deal in the building. In 2015, filmmaker George Lucas and his wife, Mellody Hobson, paid $18.75 million for the penthouse on the 65th floor, just below Griffin’s units.

Another penthouse unit in Park Tower is also currently on the market. It’s a five-bedroom, 8,400-square-foot 63rd-floor unit listed at $13.5 million.

Griffin’s most recent legal address was at a full-floor unit on the 37th floor of the Waldorf Astoria on the Gold Coast that he paid $13.3 million for in 2014. He also owns the top four floors of the building at 9 West Walton Street, and paid $58.75 million for the space in 2017.

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— Victoria Pruitt