Matthew Bayer Sells Condo At 950 North Michigan Avenue In Chicago For $5.1M

A 9,000-square-foot duplex condo located at 950 North Michigan Avenue, Chicago, recently sold for $5,100,000. The property features six bedrooms and spans the 46th and 47th floors, and it has been recently remodeled. This condo is one of three downtown Chicago condos that have traded above $5 million this year.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $5,100,000
• Square Footage: 9,000
• Price Per Square Foot: $567
• Seller: Joyce Bayer; Matthew Bayer - MJ Holding Company
• Broker Representatives: Ryan Preuett & Timothy Salm - Sotheby's International Realty
• Date of Transaction: 04/30/2026

Matthew Bayer, one of the sellers, had originally listed the property at a higher price but reduced it multiple times before the sale. The identity of the buyer has not been disclosed.