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Carrie McCormick Represents Both Parties In $7M St. Regis Chicago Condo Sale

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SOLD
$7,000,000

Illinois

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Condo6,121 SF
Sold 04/08/2024
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SOLD

Carrie McCormick Represents Both Parties In $7M St. Regis Chicago Condo Sale

363 East Wacker Drive

See Similar Deals
Condo6,121 SF
Sold 04/08/2024
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Summary

ILLINOIS
Asset Type:Condo
Price Per Square Foot:$1,143
Total Square Footage:6,121 SF
Transaction Type:Sale

A luxury St. Regis condo on East Wacker Drive in Chicago was recently sold for $7 million. The 6,121-square-foot condo was purchased by undisclosed buyers, translating to approximately $1,147 per square foot.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,000,000
  • Address: 363 East Wacker Drive, Chicago
  • Square Footage: 6,121
  • Seller: Blake & Beth Horio
  • Broker: Carrie McCormick - @properties Christie's International Real Estate

Carrie McCormick of @properties represented both the sellers, Blake and Beth Horio, and the buyers in this transaction. The sale of this luxury condo signifies renewed interest from affluent buyers in the high-end condo market, following a slower period in 2023. Several other notable transactions have been observed in Chicago's luxury real estate sector, reflecting a resurgence in this market segment.

Players

Carrie McCormick
34 deals$109.1M volume
BROKER

Details

SOLD
IMAGE: Carrie McCormick DATE: 04/08/2024 ADDRESS: 363 East Wacker Drive MARKET: Chicago ASSET TYPE: Condo SELLER: Blake & Beth Horio BROKER: Carrie McCormick (@CarrieMcCormickRealEstate) - @properties Christie's International Real Estate SALE PRICE: $7,000,000 SF: 6,121 ~ PPSF: $1,144 NOTE: A luxury St. Regis condo on East Wacker Drive sold for $7 million, signaling renewed interest from affluent buyers after a slow 2023. The 6,121 -square-foot condo, purchased by undisclosed buyers, translates to approximately $1,147 per square foot, with Carrie McCormick of @properties representing both the sellers, Blake and Beth Horio, and the buyers. Despite the sale resulting in a loss for the sellers, it represents a resurgence in the high-end condo market, with other notable transactions observed in Chicago's luxury real estate sector.

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