Salomon Juan Marcos Villarreal Of GD Holdings Sells Chicago Penthouse For $7.5M
363 East Wacker Drive
$7,500,000
$1,190/SF
Building Size
6,300 SF
Asset Type
Condo
Closing
Aug 1, 2025
AI
A condo located at 363 East Wacker Drive in Chicago has been sold off-market. The property, a 6,300-SF four-bedroom penthouse situated on the 79th floor of the St. Regis tower, sold for $7,500,000. This transaction highlights one of the priciest deals at the Jeanne Gang-designed skyscraper, with a price per square foot of $1,190.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,500,000
- Square Footage: 6,300 SF
- Address: 363 East Wacker Drive
- Market: Chicago
- Seller: Salomon Juan Marcos Villarreal - GD Holdings
The seller, Salomon Juan Marcos Villarreal, is affiliated with GD Holdings, which has now sold at least 29 out of the 84 condos it purchased in bulk for $117.5 million last year. This sale indicates an increased activity among luxury buyers taking advantage of discounts in Chicago's recovering condo market.
Chicago Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93