Situated in the heart of Chicago's Cultural Mile inside the observatory of the old 1898 Montgomery Ward building designed by Schmidt, Garden, and Martin, this luxurious four-bedroom condo can either be purchased or rented. The newly renovated property first listed in its current state back July for a cool $6 million. It was later withdrawn from the market in August only to return one month later.
While the current asking price remains unaltered, the 6,400-square-foot unit—and its dramatic 20-foot ceilings and stunning views of the lake and Millennium Park—can also now be rented for $20,000 a month. Given the condo’s yearly HOA fees of $74,400, could leasing this tastefully renovated space actually be the more sensible play?
- 6 N. Michigan Avenue #1901 [Berkshire Hathaway HomeServices KoenigRubloff]
- Incredible Penthouse Overlooking Millennium Park Lists for $6M [Curbed Chicago]
- Previous Chicago Loop coverage [Curbed Chicago]