Monday, July 4, 2011

Chicago’s Loftiest Foreclosure—and Possibly the World’s

When a 2,900-square-foot condo on the 83rd floor at the John Hancock Center sold June 22, it became Chicago’s loftiest foreclosure—and very likely, the world’s.

The condo, which combines what were a four-bedroom unit and a studio unit, had been completely renovated within the past several years, says Meg Nagel, the Southport Sotheby’s International agent who represented the home. The condo has marble, granite, and onyx finishes, whitewashed oak flooring, lots of cabinetry in the kitchen, and a walk-in pantry. Its condition, Nagel says, was “exquisite, move right in, nothing wrong with it. There is so much closet space, it looks like a movie star’s home, and the views are spectacular. On the west you get the sunsets, and north you see across Oak Street Beach and all the way up the lakefront to Evanston.”

Nagel, who lives in the building and knew the former residents of this condo, would not discuss them.

Read the rest of the article at ChicagoMag.com

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