Record set in West Loop with $7.6M condo sale

by Admin
Record set in West Loop with $7.6M condo sale

A half-floor penthouse condominium on the 15th floor of the newly built Embry building in the West Loop sold on Thursday for $7.56 million — a record residential sale for the West Loop neighborhood.

The four-bedroom condo has 2,300 square feet of exterior space, 4-1/2 bathrooms, a media room, a library and a lounge. The unit was designed by the Chicago interior design firm Kara Mann Design.

Public records do not yet identify the buyers of the 5,187-square-foot unit, and the agent who represented the buyers, Philip Skowron, did not respond to a request for comment. The condo had been listed for exactly $7 million.

Listing agent Tim Sheahan of Compass confirmed to Elite Street that the unit, which has a $1,741-a-month homeowners association fee, sold. He declined to comment on the sale, but said that he and his co-listing agent, Mark Icuss, would be placing the building’s other half-floor penthouse — which he called a “mirror unit” — on the market in the next few weeks. Sheahan and Compass are representing the building’s developer.

The previous high-water mark for a sale in the West Loop was a $5.72 million sale of a 9th-floor penthouse unit in the Noir building in September 2019.

Goldsborough is a freelance reporter.

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