2 St. Regis condos are selling for high prices
Additionally, a 5,133-square-foot four-bedroom, five-bathroom unit on the 67th floor sold for just over $ 7 million, according to MLS data.
Those sales mean that six units of the 393-unit tower have sold for more than $ 6 million. A suburban couple paid $ 6.7 million for a condo in the building in July.
The sales of high-priced condos at the St. Regis come days after three Tribune Tower units sold for more than $ 4 million. One of the units sold for almost $ 8.1 million.
Leila Zammatta of the Magellan Development Group, representing the St. Regis, formerly known as Vista, did not immediately respond to a request for comment.
Asking prices range from $ 840,000 to $ 18.5 million, according to the St. Regis website. Designed by architect Jeanne Gang’s studio, Studio Gang, the tower facilities include an outdoor swimming pool, fitness center, conference center, screening room, and children’s activity room.
The number of local home sales of $ 4 million or more has reached 63 so far in 2021, according to Crain data. In an average year, the 50th property over $ 4 million usually doesn’t sell until the end of the year. This year, more than 50 homes worth $ 4 million were sold at the end of the summer. If the market maintains its current pace, sales in 2021 will surpass those of 2018, when 73 homes sold for $ 4 million or more.
Six of the top 10 local sellers in 2021 are downtown condos, and nine of the top 10 best sellers are in the city, according to Crain data. The one outside of Chicago was a $ 7.7 million mansion in the western suburbs of Hinsdale.