The Embry Condos for Sale: A 2025 Sales Recap
(Updated January 2026)
Closed Sales at 21 North May Street
A Milestone Year for The Embry
2025 marked an important transition for The Embry. The building officially sold out, closing the chapter on new construction and entering a fully resale-driven phase. For a boutique building of this scale, that shift matters. Once a developer exits, pricing becomes less theoretical and more sensitive to execution, timing, and individual unit attributes.
With a limited number of residences and design-forward buyers, The Embry has always traded differently than larger West Loop developments. The sales activity over the past year made that clear.
A Note on the Developer
The Embry’s sellout reflects the execution behind the project. Credit is due to Sulo Development for delivering a boutique building that resonated with buyers and held pricing through completion.
With the building now fully sold out, attention naturally turns to what comes next. Sulo Development’s upcoming project, Fulton Bond, is already drawing interest as another carefully scaled addition to the neighborhood.
Closed Sales During 2025
Over the past 12 months, 10 residences closed at 21 North May Street. Closed prices ranged from $1.425M to $5.25M, a wide spread that reflects both layout variety and the outsized impact individual residences have in a boutique building.
Closed Sales Summary
| Unit | Beds | Baths | Closed Price |
|---|---|---|---|
| 506 | 2 | 2.1 | $1,425,000 |
| 402 | 3 | 3.1 | $2,275,000 |
| 502 | 4 | 3.1 | $2,549,000 |
| 703 | 3 | 3.1 | $2,600,000 |
| 601 | 3 | 3.1 | $2,605,000 |
| 803 | 3 | 3.1 | $2,750,000 |
| 903 | 3 | 3.1 | $2,775,000 |
| 1003 | 3 | 3.1 | $2,900,000 |
| 1104 | 3 | 3.1 | $3,175,000 |
| 1502 | 5 | 4.1 | $5,250,000 |
What the 2025 Sales Data Shows
At buildings like The Embry, the data set is small, but the signal is strong. Most activity clustered between the mid $2M and low $3M range, where well-executed duplex residences attracted buyers willing to pay for scale, privacy, and design.
The top of the market was defined by a single sale. Unit 1502 closed at $5.25M, establishing a clear ceiling and reinforcing that exceptional residences in boutique buildings trade on conviction rather than momentum.
A Pricing Benchmark at the Top of the Building
The highest resale price achieved to date at The Embry occurred at Unit 1401, which established an early benchmark for value at the top end of the building.
I represented that transaction. It provided direct insight into how buyers evaluated pricing, layout, and long-term value in a fully sold-out, boutique building. That sale helped shape expectations as The Embry transitioned fully into its resale phase.
Buyer Behavior in a Boutique Building
Buyer behavior at The Embry differed from larger West Loop developments. Decisions were deliberate. Buyers compared carefully and moved decisively when pricing aligned with execution.
In a building with this few residences, each sale carries weight. Pricing accuracy mattered more than urgency, and homes that were positioned clearly attracted attention.
Current Availability
As of January 2026, The Embry is fully sold out, with no active residences currently available. Market activity is now entirely resale driven, and future pricing will be anchored to a small number of closed transactions rather than developer benchmarks.
Implications for Owners
For owners at The Embry, the building’s sellout and early resale activity provide clarity. Boutique buildings reward precision. The market has shown a willingness to pay for exceptional residences, while responding quickly when pricing stretches beyond recent precedent.
Understanding how the limited number of transactions fit together matters more here than in almost any other West Loop building.
Final Thought
The Embry’s 2025 sales activity confirmed what many buyers already sensed. This is not a volume building. It is a collection of individual residences where design, scale, and execution drive outcomes.
With the building now fully sold out and resales setting the tone, data matters more than narrative. For owners and buyers alike, the recent sales provide a clear framework for understanding value at 21 North May Street.
CURRENT EMBRY AVAILABILITY
If you’re actively researching The Embry condos for sale, viewing recent resale activity alongside current availability provides the clearest sense of value.
👉 🏙️ View current Embry condos for sale
(Listings updated in real time.)
