Page 1 - Lincoln Park penthouse sells for $9 million 1.26.21

January 26, 2021 01:12 PM
Lincoln Park penthouse sells for $9 million

It's the highest sale price in almost two years for a local condo.

DENNIS RODKIN

A penthouse at the top of a Lincoln Park condo tower sold for $9 million, the highest sale price on
record for a Chicago condo in almost two years.

It’s the priciest sale of the year so far, topping the Hinsdale mansion that went for almost $7.7
million Jan. 15. The last time a condo in Chicago or the suburbs sold for more was in March 2019,
when a buyer paid a little under $11.3 million for a unit on Walton Street.

The Lincoln Park condo, on the 38th and 39th floors of a French-derived condo tower built in 2010,

was listed in July at $13 million. The sale price is just under 70 percent of what sellers Dan and
Megan O’Keefe were asking.

The sale closed Jan. 15, but the listing agent, Pam Rueve of Jameson Sotheby’s International
Realty, did not put it in real estate records until today. Neither the O’Keefes nor Rueve immediately

responded to requests for comment.

The couple bought the space unfinished in 2015 for a little more than $6 million. When
Crain’s featured the property in July, the O’Keefes declined to say what they spent to finish the

space into a five-bedroom home.

Architects at Wheeler Kearns designed the space with Venetian plaster walls, white oak flooring,
walnut paneling and built-ins and a hefty metal staircase that stands like a sculpture at one end of
the main living space. The outer walls lean in, because the space is inside the inward-tilting
mansard roof designed by the tower’s architect Lucien Lagrange.

Windows 10 feet high across the east side of the condo look over the park and Lake Michigan, and

on the south, into the skyline.

The O’Keefes said in July that they planned to live full time in California and get a smaller Chicago

place for part-time use.