ST. REGIS CHICAGO CONDOS: Q1 2026 SALES AND WHAT THE MARKET IS TELLING US

St. Regis Chicago at 363 E Wacker is still in a different phase than most buildings.

It is not quite a pure resale market yet, but it is also no longer entirely developer driven. What you are seeing now is a mix of both, and that is creating a wider range of pricing and a more segmented market depending on price point and product.

One additional factor that continues to shape the market is the remaining developer inventory. As that inventory works through the system, and pricing adjusts along the way, it naturally sets the tone for how resale units are positioned and how buyers evaluate value within the building.

Q1 and the last few months of closed sales give a clear picture of where buyers are actually stepping in.

Q1 2026 CLOSED SALES

#3805 — $1,035,000
#1601 — $1,630,000
#2304 — $1,630,000
#6405 — $1,775,000
#3303 — $1,875,000
#5002 — $1,950,000

#2706 — $2,420,000
#2606 — $2,600,000
#4208 — $2,765,000
#4308 — $2,776,888

#6106 — $5,400,000

CURRENT INVENTORY

#6905 — $1,549,000
#3404 — $1,685,000
#4801 — $1,749,000
#2802 — $1,890,000
#1402 — $1,899,000
#6805 — $1,979,000
#5505 — $1,980,000
#2709 — $1,990,000

#2109 — $2,250,000
#3709 — $2,295,000
#6303 — $2,323,000
#6403 — $2,349,000
#1906 — $2,500,000
#2106 — $2,500,000

#1903 — $2,599,000
#4206 — $2,695,000
#2708 — $2,860,000
#3608 — $3,000,000

#5801 — $4,350,000 contingent
#3101 — $4,800,000
#5806 — $6,178,474
#5506 — $6,451,902
#9101 — $7,500,000

WHAT STANDS OUT

St. Regis is segmenting by price in a very real way right now.

The most active part of the market is between roughly $1.6M and $2.0M.

That is where you see the highest concentration of both closed sales and active listings, and where pricing is the most competitive. There are multiple similar units available at the same time, often within a tight range, which gives buyers the ability to compare and choose.

That part of the market will move, but it needs to be priced correctly relative to everything else available in the building.

That dynamic is also being shaped by the remaining developer inventory, which continues to influence how buyers think about value, especially when they are comparing newer product to resale.

Once you move above $2M, things start to separate.

There are still consistent sales in the $2.4M to $2.8M range, but buyers become more selective. At that level, they are not just buying into the building, they are choosing a specific unit. Layout, finishes, floor, and exposure all start to matter more, and pricing becomes less uniform.

You can also see a gap between where some listings are positioned and where recent sales have actually closed. Part of that is normal for a newer building, but part of it is also the market adjusting in real time as both resale sellers and developer inventory respond to buyer expectations.

Above $4M, activity is thinner and more deal specific.

There are meaningful sales, including a $5.4M closing, but buyers at that level are patient and tend to move only when the unit really fits what they are looking for.

WHAT THIS MEANS

St. Regis Chicago is not trading as a single market.

The $1.6M to $2.0M range is the most competitive and liquid
The $2M to $3M range is active, but more selective
Higher end units are trading, but on a longer timeline
Developer inventory is still influencing pricing across the building
Positioning relative to other available units matters more than anything else

Right now, buyers have options at almost every price point, and they are using them.

Units that are aligned with the market are getting traction. The ones that are not tend to sit, especially with developer inventory still in the mix and setting a reference point for value. If you want to get a sense of how that looks today, you can view the current St. Regis Chicago condos for sale here: St. Regis Condos Sale, which gives a real time snapshot of how units are being positioned across the building.

If you are considering a move at St. Regis, or just want a clearer sense of where your unit would fit within that landscape, I am always happy to have that conversation.