Donald Trump recently increased his investment in Chicago's Trump Tower, a sign that he thinks the luxury condo market is poised for a rebound.
There’s no shortage of things to love about Chicago real estate. There are condo buildings that offer unbeatable views, top-notch amenities and services, and location that put you right in the heart of it all.
Having seen just about everything out there during my 23 years in Chicago real estate, it’s not always easy to find one that stands out among the others. But one does–Trump Tower. A new construction property finished in 2008, Chicago’s Trump Tower has certainly left its mark in the real estate scene in such a short time.
But I’m not the only on enamored with this Chicago condo building. The Wall St. Journal just reported that Donald Trump himself recently paid $48 million to buy out junior creditors on Trump Towers Chicago. That building was one of Trump’s few exceptions to his avoid-risk rule that he developed after the 1990s, and the latest deal brings a vote of confidence from Mr. Trump himself–essentially, he is betting that the demand for high-end Chicago condos priced at $1 million and higher, will rebound strongly.
An Up-Close Look at Trump Tower
So what is it about Trump Tower that puts it so high on my list? Let me take you on a tour of the building and give you a closer look at the various units available, the spectacular views, and the unmatched concierge services, and we’ll see if you agree that this building would be ideal for your new home. Hands down, there is nothing that compares to the panache of Trump Tower and its spa, services, indoor pool and amazing gym. I think you’ll find that the units in this building and their respective views truly stand out among other Chicago real estate buildings.
It’s hardly just an address–living in Trump Tower is a way of life. It’s grand-scale features and 24/7 availability of staff make this exclusive building one of Chicago’s most coveted places to live. Owning a Chicago home inside an exclusive building like this means residents are treated as elite guests around the clock–poolside lunch deliveries, in-home catering, and even a private dog park that ensures four-legged friends are treated like royalty as well.
Buyers have closed on 337 of the building’s 486 units at the end of 2011, so there is still a chance to own a brand-new Chicago condo in one of the city’s finest buildings. And with Trump’s increased investment in the building, you can be assured that your purchase should turn out to be a winning investment in the long term.
Taking a personal tour of Trump Tower will certainly help illustrate the lifestyle that owning a home here brings. If you’re considering a purchase of a Chicago new construction condo, give me a call at 312-264-5853 or email me at [email protected] so we can set up a time to see this great building up close.
