Ritz Carlton Condo Prices
| Average Price | $1.3M |
|---|---|
| Lowest Price | $850K |
| Highest Price | $2M |
| Total Listings | 7 |
| Avg. Days On Market | 34 |
| Avg. Price/SQFT | $641 |
Property Types (active listings)
Ritz Carlton Condos for sale
Sellers
As a Chicago real estate agent, I have been a part of hundreds of successful transactions spanning good markets, bad, deep recessions and recently pandemics. Successfully navigating today's market requires sales experience, a deep understanding of the local market and an individual approach to each sale. We can't control the market, but we can control how we market.
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Condo Buildings by Neighborhood
The Ritz Carlton Residences Chicago
Five-star living in the heart of Chicago. When clients ask me where they can find true hotel-level service paired with expansive, modern residences, the Ritz-Carlton Residences Chicago is always part of the conversation. Located in the center of the Magnificent Mile, this building delivers privacy, scale, and service in a way very few residential towers in Chicago can match.
As a luxury broker specializing in high-end condos, penthouses, and multi-million-dollar homes across Streeterville, Gold Coast, Lakeshore East, River North, Lincoln Park, and beyond, I’ve helped buyers and sellers navigate some of the city’s most prestigious addresses. The Ritz-Carlton Residences consistently stand out for buyers seeking refined, full-service living.
Building Overview & Architecture
The Ritz-Carlton Residences occupy the upper portion of the tower at 118 East Erie Street, completed in 2012. The building rises 40 stories and houses approximately 89 ultra-luxury condominiums, offering a boutique feel compared to larger high-rise developments.
Key details:
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Completed: 2012
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Stories: 40
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Residences: 89 luxury condominiums
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Developer: Prism Development Company
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Architect: Lucien LaGrange
Residences are known for their generous floor plans, private elevator access, floor-to-ceiling windows, and expansive terraces in select units. Many homes offer sweeping views of Lake Michigan, Michigan Avenue, and the downtown skyline. Layouts range from spacious three-bedroom residences to full-floor penthouses, designed to feel more like single-family homes in the sky.
Amenities & Services
The defining feature of the Ritz-Carlton Residences is the integration of five-star hospitality with private residential living. Residents enjoy a separate, secure entrance and dedicated staff while benefiting from the services of the adjacent The Ritz-Carlton, Chicago hotel.
Resident amenities include:
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24-hour door staff and concierge
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Private resident lounge and screening room
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State-of-the-art fitness center
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Indoor lap pool
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Spa facilities and treatment rooms
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Private wine storage
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Valet parking
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On-site management
What truly elevates the experience is access to hotel services, including in-residence dining, housekeeping, catering, and personalized concierge arrangements. For many of my high-net-worth and executive clients, this level of service is the deciding factor — especially for those who travel frequently or maintain multiple residences.
The Location
The Ritz-Carlton Residences sit in the heart of Magnificent Mile/River North & borders Streeterville and the Gold Coast, making it one of Chicago’s most central and walkable luxury neighborhoods.
Residents are steps from:
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Michigan Avenue
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Oak Street Beach
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Lake Michigan
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Northwestern Memorial Hospital campus
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Luxury boutiques, fine dining, and high-end hotels
The neighborhood blends energy and convenience. You’re surrounded by some of Chicago’s best restaurants, cafés, and shopping, yet positioned close to the lakefront for walking, biking, and outdoor recreation.
A Premier Luxury Address in Chicago
In a competitive luxury market, the Ritz-Carlton Residences Chicago continues to hold their reputation as one of the city’s most prestigious residential addresses. The combination of spacious homes, full-service amenities, and an unbeatable location makes it a compelling choice for discerning buyers.
With 15 years in the Chicago luxury market and recognition as a Top Producer by the Chicago Association of Realtors and Jameson Sotheby’s International Realty, I help buyers, sellers, and investors navigate premier buildings like this with confidence and discretion.
If you’re considering buying or selling at the Ritz-Carlton Residences — or exploring other luxury opportunities across Streeterville, Gold Coast, Lincoln Park, Lakeshore East, or the West Loop — I’d be happy to provide a private consultation tailored to your goals.

