June 28, 2008 - Since the Ritz-Carlton secured financing back towards the beginning of this year and construction on the high-rise began, total sales figures have finally moved up a little. The number had been stuck at 40% for several months, but has since made it almost to 50%. This Chicago real estate development has been marketed as one of the pricier ones, but there are obviously still buyers who are more than willing to pay top dollar for luxury Chicago condos.

The 40 story Ritz has a selection of one to three bedroom units and according to the sales staff, there are about 47 of the 86 condos left for sale. The prices for these ultra-luxurious residences start at around the $1.4 million mark for a one bedroom and the two bedroom condos run from $1.9 million and up. If your tastes crave an even more spacious home, there are three bedroom units that start around $3 million or you can opt for the penthouse suites that occupy half a floor and cost up to $13 million.

The 664 North Michigan Avenue location is excellent, with both lake and downtown views. The Ritz fits right in with the legendary retailers like Tiffany and Gucci that have been gems of the Mag Mile for years. Services and amenities for residents include everything from the standard concierge, valet and chef to the more unusual pet and plant sitting service if you are away on vacation. Construction is on schedule for deliveries to begin by the third quarter of 2010, along with a few other Downtown Chicago Condos that will be available by then.

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This entry was posted on Saturday, June 28th, 2008 at 4:01 pm and is filed under Luxury Condos(t) , News(t) . You can leave a response.