Chicago’s most expensive condo listed for sale – And its HOA fee is ridiculous
Located on N Michigan Ave, this penthouse is literally the most expensive condo in Chicago. This is based in the iconic Park Tower which includes onsite 5-star hotel amenities and stunning views of the Windy City. It is also incredibly spacious and is bigger than most homes in the area. Here, it includes 6 bedrooms, 8 bathrooms, and 9,250 sqft of living space. As you may have figured though, this comes at a price and it is not cheap.
Listed on Zillow, it is available for a cool $15,750,000. This equates to $117,000 per month in mortgage payments. To add to this, its monthly HOA fee is priced at $7,093. In other words, you’d have to be incredibly wealthy to even consider this.
This two-story property comes with a private elevator, high ceilings, panoramic views, modern fixtures, office room, marble bath, walk-in closet, gym room, outdoor patio, and jacuzzi. Due to being located in a 5-star hotel it also comes with luxury amenities such as a 24-hour fitness center, indoor pool, spa, in-room dining, and the acclaimed NoMi restaurant.
Due to the sheer ambition of this place, it will only appeal to a very small pool of potential buyers. Because of this, it could end up on the market for months or even years due to its associated costs. Nonetheless, you can’t deny that it’s not a beautiful penthouse.