Rachel Martell & Jeff Lowe Close $4.45M Sale Of Gold Coast Condo

The Gold Coast penthouse located at 1301 North Astor Street was sold for $4.45 million. The 4,800-square-foot condo was initially listed at $5.5 million before being purchased by undisclosed buyers. The sellers, Katherine and Judd Malkin, entrusted the sale to Compass agent Jeffrey Lowe, while the buyers were represented by Rachel Martell of Berkshire Hathaway HomeServices Chicago.

Summary of transation details:

• Property Type: Condo
• Transaction Amount: $4,450,000
• Market: Chicago
• Price per Square Foot: $927
• Seller: Katherine & Judd Malkin
• Buyer's Rep: Rachel Martell - Berkshire Hathaway HomeServices Chicago
• Seller's Rep: Jeffrey Lowe - Compass

Judd and Katherine Malkin successfully sold their penthouse unit after a price reduction, with Jeffrey Lowe representing them in the transaction. Rachel Martell from Berkshire Hathaway HomeServices Chicago played a key role as the buyers' representative.