Related Midwest slashes penthouse price as condo demand disappears; $7M unit on 66th floor offered as raw space that a buyer can finish out

  • 9/18/2024

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A penthouse in the Streeterville neighborhood has returned to the market with a dramatically reduced price, the latest price cut in downtown Chicago’s condo doldrums.

Related Midwest relisted the 7,150-square-foot condo at One Bennett Park for just under $7 million ($979 per square foot), less than half the $14.3 million ($2,000 per square foot) that the 66th-floor unit listed for in 2019, Crain’s reported. Jameson Sotheby’s International Realty’s Brad Brondyke and Tim Salm are managing the listing. 

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Michael Ellch | SVP, Related Midwest

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