A penthouse at The Residences at The St. Regis Chicago, designed by architect Jeanne Gang, stands as one of the tallest residential units currently listed in the Midwest, occupying the 92nd floor. Listed at $18.5 million, the penthouse is 6,986 square feet, has 13-foot ceilings with floor-to-ceiling windows that offer panoramic views of Lake Michigan and the city skyline according to Haute Residence.
Interior of unit via Haute Residence
Interior of unit via Haute Residence
Balcony view of unit via Haute Residence.
Standing at 101 stories and 1,198 feet tall, the St Regis Chicago ranks as the third tallest in Chicago (According to CTBUH) and is notable for being the tallest building in the world designed by a female architect. The penthouse contains four bedrooms, four full baths, and two half baths, alongside two private balconies.
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I wonder what the wind, on a normal day, is like on those balconies and if they are usable. Do you need to tether everything down so it does not blow off.
Same. I couldn’t imagine a windy day.
Good luck selling this in Chicago now. An article written the other day said only 2500 condos were built downtown in the last 10 years, and still over 600 of those are empty. There are none being built right now and none in the pipeline. Unfortunately, the leadership in the city in the last few years and currently have made it undesirable to own a condo here and the values haven’t gone up in the last 5 years even with record inflation and housing going up everywhere in value. All of the taxes missed out on not having new condos being built hurt the city now and in the long term, not to mention the city’s image.
Yes but the market also completely switched to apartments in the last 10 years. It’s global not just Chicago. Stop being a doomer. Chicago is healthy and there are many promising things once you accept facts over feelings.
I would agree with you, except that’s not true in other cities. Look at Miami, NYC, etc. Plenty of condos being built currently and many in the pipeline.
single family homes are selling at ever higher prices in most city neighborhoods. so it’s not a city issue… its that people don’t seem to want condos.