A 19th-floor condo at JDL Development’s ultra-luxury No. 9 Walton has sold, adding to a streak of high-end sales in the Chicago area.
The 5,200-square-foot Gold Coast unit at 9 West Walton Street, which once belonged to Major League Baseball player Jason Heyward, was sold to an undisclosed buyer on Aug. 30 for $7.3 million ($1,403 per square foot), Crain’s reported. Susan Miner of Premier Relocation represented the sellers and buyers in the transaction.
The sale marks the sixth property in the region to sell for $7 million or more within just 18 days.
Heyward, a former Chicago Cubs outfielder and now a member of the Houston Astros, purchased the condo in 2018 for slightly over $6.9 million ($1,326 per square foot). He listed it for $7.6 million two years later, selling it to an unidentified buyer via a land trust for $7.2 million ($1,384 per square foot), after just 13 days on the market.
The latest sale brings the condo’s value up once again, showing continued demand for elite properties in Chicago. The building has become a hotspot for multimillion-dollar condo transactions since it opened in 2017.
The unit features a 360-square-foot covered terrace and includes three valet parking spaces. While minor aesthetic changes have been made, such as new paint in some rooms, the sellers largely maintained the design choices made during Heyward’s ownership.
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The recent sale is part of a remarkable run in the Chicago luxury real estate market. Six of the 10 highest-priced home sales of the year have closed during this 18-day span, including a Lincoln Park mansion that sold for $15.25 million. Additionally, 10 homes priced at $10 million or more have hit the market since mid-July, further indicating a robust appetite for upscale properties.
— Andrew Terrell