Waldorf Astoria Chicago condominium sells for just under $ 5 million

Wray Philip Wilmington, Vice President of Workday, with Waldorf Astoria (Waldorf, Workday)

The vice president of software company Workday bought a condominium near the top of the Waldorf Astoria hotel in Chicago.

Wray Philip Wilmington and his wife, Nicole Gouveia Wilmington, purchased the 4,000 square foot condominium at 11 East Walton Street for $ 4.95 million, as part of a Gold Coast deal that was reached on 23 June, according to Cook County real estate records. The 48th-floor unit is one of 51 that the 60-story hotel has reserved as condos.

The guarantors were listed as Arrow 5 LLC with Harris Charles named as a signatory. Neither the seller nor the buyer could be reached for comment. The condo was listed in April for $ 5.25 million and reduced to $ 4.95 million the same month, according to Redfin. Building amenities include a 14,000 square foot spa, indoor pool and valet parking.

“This building is very, very hot so everything seems to be going very close to listing,” said Susan Miner, president of Premier Relocation, who represented the seller. “There is very rarely a unit available like this that offers a magnificent view of the lake and this high.

The downtown Chicago condo market has rebounded with the return of buyers to the city. The Gold Coast, which encompasses 18 blocks from Lake Michigan to Walton Street and North Avenue, has some of Chicago’s most expensive home sales. As of mid-March, 14 homes asking for $ 5 million or more were listed in the area.

A four-bedroom, 4,300-square-foot home on the Gold Coast sold for $ 5.7 million last week, marking one of downtown Chicago’s most expensive condo sales this year. This sale has not yet been listed in Cook County real estate registers.

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