Thursday, December 11, 2014

Recently, the most expensive Chicago home has been sold for $17million. What is this home you may ask? This is none other than Chicago's Trump Tower Penthouse, which makes this transaction the most expensive residential real estate purchase ever. If this doesn't get anymore riveting, the millionaire who bought it offered $17 million in cash to close the deal! Sanjay Shah, a local tech millionaire and the founder and CEO of the Global Technology Vistex, is the man of the hour as he has made history with this insane purchase. Pictured below is Sanjay Shah after his purchase, enjoying the view from the trump tower penthouse.


The penthouse, a 14,260 square foot residence was listed for 32 million. However, due to being involved in negotiations for over 2 years, Shah was able to reduce the asking price down to 17 million.

Like any kind of penthouse, the view is the asset most prized by any buyer. The 5 bedroom 8 bath penthouse is located on the 89th floor and comes with a 360 degree view of Chicago and Lake Michigan. Although the price of 17 million already seems like an exorbitant amount, Shah said he plans to put another 15 million into the luxury home.







It seems as though there may be a new head honcho in town, literally situated above everyone else.













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