Chicago
Magellan being undercut by residents at St. Regis looking to sell
Trending
Tango Analytics founder Jack Thompson lists Trump Tower condo for $6M
Music memorabilia could convey with fully furnished unit
Jack Thompson, the founder of real estate analytics firm Tango, has put his rock ’n‘ roll-themed condo up for sale.
The four-bedroom unit on the 29th floor of the Trump International Hotel & Tower is priced at $6 million, the Chicago Tribune reported. Rafael Murillo of Compass is the listing agent. The price approaches $1,400 per square foot.
Thompson purchased two adjoining units for $4 million in 2016 and transformed them into a 4,300-square-foot condo. Thompson collaborated with interior designer John Robert Wiltgen to create a space that incorporates rock ’n‘ roll dreams.
The fully-furnished condo, offering views of Lake Michigan, features a music room with walls covered in black acoustical tile, electric guitars signed by legendary rockers, Beatles album covers with all four members’ signatures and a vinyl album rack.
The main bedroom suite includes a fireplace, walk-in closets and two bathrooms with custom features.
The unit was previously listed for rent at $30,000 a month, but Thompson decided to sell it due to the buzz surrounding the property.
“The price point is particularly appealing to buyers seeking the convenience of a fully furnished home, sparing them the hassle of engaging an interior designer or dealing with the current delays in obtaining new furniture,” Murillo told the outlet.
The condo’s property tax bill was $40,000 in the 2022 tax year. Thompson is willing to part with items in the music room if the buyer appreciates them.
Thompson is the CEO of JBT Ventures, according to LinkedIn. The firm has offices in Chicago, Dallas and Boulder, Colorado, and it invests in real estate, cannabis, retail, restaurant and entertainment ventures.
This could be a good time to put luxury real estate on the market.
A Chicago condo sold last week in what will likely be one of the most-expensive residential trades this year. Andrew Hall of Chicago Trading sold his Gold Coast condo for $9.3 million.
—Quinn Donoghue
Read more
Magellan being undercut by residents at St. Regis looking to sell
Chicago
JDL’s One Chicago condos listed at $9M apiece draw buyers
Chicago
St. Regis condo listed at $11.5M nabs buyer