Willie Wilson Acquires 49th-Floor Condo At The Residences At St. Regis Chicago For $5M

The property involved in this transaction is a condo located at 363 East Wacker Drive in Chicago, IL. This condo is situated on the 49th floor of The Residences at St. Regis. Willie Wilson purchased the property for $5 million after renting it for five years. The asset has been positioned as an investment ahead of his upcoming mayoral bid, reflecting current market trends where prices in Chicago are increasing due to tight housing inventory and stalling construction.

Summary of transation details:

• Property Type: Condo
• Transaction Amount: $5,000,000
• Buyer: Willie Wilson
• Address: 363 East Wacker Drive, Chicago, IL
• Date of Sale: 08/22/2026

Willie Wilson's acquisition of the condo signifies a strategic move in a competitive real estate market. The transaction occurs amidst a backdrop where properties are selling above asking prices within days, indicating a robust demand in the Chicago housing sector.