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Pricey Lake Shore Drive Co-op Knocks $1.6M Off Ask

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It may have entered the market as the priciest condo listing of 2014, but after only being on the market for one month, the ask on this Lake Shore Drive co-op has now been chopped by $1.6 million. This quarter has witnessed a number of pricey condo listings, and when this five bedroom, five and a half bathroom penthouse unit hit the market on the last day of October for $15.5 million, it joined the ranks of the most expensive residential properties currently for sale in Chicago. As of this week, high rollers willing to shell out $13.9 million plus an additional $9,255 per month in HOA dues can call this swank 7,662 square foot penthouse their new home.

·189 E Lake Shore Dr Ph 18 Chicago, IL 60611 [Redfin]
·At $15.5M This Three-Level Penthouse Becomes Chicago's Priciest Condo Listing of 2014 [Curbed Chicago]