80th-floor Aqua penthouse shaves $1M off asking price

The asking price for a sky-high duplex penthouse space in Jeanne Gang’s Aqua has been slowly returning to earth over the last couple of years. The unit, which spans two levels, features custom finishes, a large, open floor plan, and sprawling balconies which offer incredible skyline views. In May 2015, the penthouse first hit the market with a lofty $6 million price tag. As the months passed, half a million bucks were shaved off the ask, bringing the price down to $5.5 million.

However, the property owners made a dramatic move over the weekend by reducing the price by a full $1 million—bringing the currently ask down to $4.5 million. Even with the series of price cuts, this unit would set a new record for the tower if it is able to fetch the $1,285 per square foot that the owners are seeking.

• 225 North Columbus Drive Unit 8004, Chicago, IL 60601 [Estately]
• Large Aqua penthouse returns with price cut [Curbed Chicago]
• Rare Duplex Penthouse at Gang-Designed Aqua Lists for $6M [Curbed Chicago]