Ken Griffin sells 66th-floor Park Tower condo for $11.2M

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Ken Griffin sells 66th-floor Park Tower condo for $11.2M
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Billionaire Ken Griffin sold an 8,000-square-foot condominium on the 66th floor of the Park Tower building on the Near North Side for $11.2 million — the highest Chicago-area home sale price in this new year.

Billionaire Ken Griffin on Friday sold an 8,000-square-foot condominium on the 66th floor of the Park Tower building on the Near North Side for $11.2 million — easily the highest Chicago-area home sale price in this new year.

Billionaire Ken Griffin on Friday sold an 8,000-square-foot condominium on the 66th floor of the Park Tower building on the Near North Side for $11.2 million — easily the highest Chicago-area home sale price in this new year. Griffin, who recently relocated his hedge fund firm, Citadel, and his own family to south Florida after complaining about crime in Chicago, took a meaningful loss on the unit, which he bought for $15 million in 2012. That means that his sale price on Friday was more than 25% less than he paid for the unit more than a decade earlier.

Still on the market are a 9,250-square-foot, full-floor penthouse condominium on the Park Tower’s 67th floor, which is available for $15.75 million, and a 7,085-square-foot unfinished condominium on the 35th floor of the building at 9 W. Walton Street, which is listed for $14 million. Griffin continues also to own the 36th through 38th floors of the building at 9 W. Walton Street, and there’s no word yet on when or if he will place those for sale.

Listing agent Susan Miner of Premier Relocation did not immediately respond to a request for comment.Goldsborough is a freelance reporter.

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