Katherine Malkin Of Compass Represents Buyer In $5.5M Sale Of Chicago Condo

A full-floor condo located at 159 East Walton Place in Chicago has sold for $5,500,000. The condo comprises approximately 5,500 square feet, resulting in a price per square foot of $1,000.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $5,500,000
• Square Footage: 5,500
• Price per Square Foot: $1,000
• Address: 159 East Walton Place, Chicago
• Buyer's Representative: Katherine Malkin - Compass
• Seller's Representative: Ken Jungwirth - Christie’s International Real Estate

This transaction involved a condo previously owned by David Herro, who had listed the unit as high as $10.9 million in 2020 and experienced price reductions over time, indicating a decline in value from prior ownership.