Ken Griffin unloads another $15.9M in Chicago apartments as he continues to bitterly cut ties with woke Windy City
Ken Griffin is officially one property away from washing his hands of Chicago.
The billionaire Citadel founder is close to wrapping up his Chicago selling spree with the offloading of two more condos this week.
The transactions totaled $15.9 million — an $8.79 million loss for Griffin, who bitterly cut ties with the Windy City in 2022.
The two unfinished penthouse condos at 9 West Walton, located on the 35th and 36th floors, sold on Tuesday for $7.4 million and $8.5 million, respectively. Crain’s Chicago Business first reported on the sale.
Griffin paid over $12 million for each of the units in 2017, but the loss is a drop in the bucket for the hedge fund titan with an estimated net worth over $40 billion.
Griffin departed Chicago for Miami in 2022 after three decades in the city, citing the city’s “wokeness,” crime rates and governance.
“The decline in Chicago real estate values is yet another bill coming due from years of failed leadership in Illinois,” Zia Ahmed, a spokesperson for Griffin, said in an emailed statement.
In addition to uprooting the Citadel HQ, Griffin left behind listings for multiple high-end properties within blocks of each other.
The Tuesday sales mark the end of Griffin’s historic tenure at 9 West Walton. His 2017 purchase of a four-penthouse spread — plus a pool — for $59 million marked the largest-ever real estate transaction in Chicago’s history. The other two penthouses, on the 37th and 38th floors, sold to Illinois Gov. JB Pritzker in December for $19 million — another sales loss of $14.8 million for Griffin, Crain’s reported.
All in all, Griffin has lost a total of $23.59 million, or 40%, of his 2017 investment at No. 9 West Walton, Crain’s reported.
The Post can confirm that Griffin has one remaining property in Chicago, which has been on and off the market since 2022. Griffin’s furnished penthouse at 800 North Michigan Ave., a furnished apartment just blocks away from 9 West Walton, is currently listed for $15.75 million.
Griffin’s real estate transactions tend to make headlines. The billionaire was outed in February as the buyer of a $45 million duplex at 740 Park Ave., and he still holds the record for the most expensive home sale in the nation at 220 Central Park South in New York, for which he paid about $238 million in 2019.
Griffin’s holdings also include a $122 million London mansion near Buckingham Palace and an $84.45 million Hamptons estate previously owned by Calvin Klein. The Post previously reported on his ambitious plan to build the most expensive home on the planet in Palm Beach, reportedly worth $1 billion.
