Ken Griffin Sells Park Tower Penthouse In Chicago For $12.5 Million Through Susan Miner

The asset involved in the transaction is a condo located at 800 North Michigan Avenue in Chicago. It has a total square footage of 9,250 and is priced at $12,500,000, resulting in a price per square foot of approximately $1,351.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $12,500,000
• Address: 800 North Michigan Avenue
• Market: Chicago
• Seller: Ken Griffin - Citadel
• Broker: Susan Miner - Premier Relocation and Real Estate Services
• Square Footage: 9,250
• Price per Square Foot: $1,351

Ken Griffin is in the process of selling his 67th-floor Park Tower penthouse, which accounts for his final major property selloff in Chicago following his relocation to Miami. This transaction could potentially mark downtown Chicago's priciest condo sale in three years, offering an ~80% return on the investment he made in 2000 when he purchased the unit for $6.9 million.