A seven-bedroom, 12,435-square-foot full-floor condominium on the third level of the Gold Coast building at 65 E. Goethe Street has been listed for $16.8 million, which is the highest asking price at present for a Chicago condo.
The unit is owned by Valor Equity Partners founder and CEO Antonio Gracias and his wife, Sabrina. The couple paid $8.35 million in 2012 for two of the three units that make up the full-floor unit, and then they spent $5.3 million in 2015 for the third and final condo, meaning that they spent $13.65 million in total to assemble the full floor. They bought all three units through an opaque Delaware limited liability company from Harris Associates Deputy Chairman David Herro.
The full-floor condo unit has eight full bathrooms, three half baths, two kitchens, two offices, a recreation room, a home gym, a home theater and a wine room, and it also comes with eight heated garage spaces.
The unit is listed in real estate agents’ private listing network. If it sells for anywhere near its asking price, it would be one of the highest-priced sales of any kind of home in Chicago history. Indeed, inside Chicago’s city limits, the only higher sale prices have been the 89th-floor penthouse at the Trump International Hotel & Tower, which sold to Sanjay Shah in 2004 for $17 million and then sold again last year for $20 million to Bryan Cressey; the 34th-floor condo in the building at 9 W. Walton, which sold last year to Steven Crown for $17.4 million; the 65th-floor penthouse at the Park Tower, which sold to George Lucas and Mellody Hobson for $18.75 million; the 71st-floor duplex penthouse at the St. Regis, which sold last year to billionaire German Larrea for $20.56 million; and billionaire Ken Griffin’s package purchase of four separate units in the building at 9 W. Walton for $58.75 million in 2017.
Listing agent Julie Harron of Jameson Sotheby’s declined to confirm the Graciases’ identity. However, she called the unit “absolutely stunning. It’s one of a kind.”
“It’s magnificent,” she added. “You kind of run out of superlatives (to describe it).”
The three combined units had a $183,609 property tax bill in the 2021 tax year.
Goldsborough is a freelance reporter.
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