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Ritz-Carlton Residence

on the Magnificent Mile, Chicago

The most anticipated residential address in Chicago.

This is our own investment property. For personal reasons we are selling this investment. This is the sale of a 1-bed 2-bath + study, pre-construction Condo on the 17th floor facing onto the Magnificent Mile. The Ritz-Carlton Residence is a 40-story modern classic on the Magnificent Mile in the heart of the city. The Condo unit will be1,482 sq. ft. spacious floor plan, custom interior finish, dramatic views, impeccable service by Ritz-Carlton staff. Worlds most prestigious neighborhood, for the worlds most discerning home buyers. Due for completion in Fall ‘09, there are NO more of this size or price left. $250,000 buys the company (LLC) that owns the unit at the original price paid for it. Nothing more to pay until closing.

This is our own investment and we are selling our LLC which owns the Condo for $250,000. Nothing more needs to be paid on this until closing in Fall 2009 when the balance of $1.35M is due, at which point, because of several price increases and market demand for the Magnificent Mile, is expected to be worth around $2M. Official Ritz-Carlton promotional website for this development is here – http://www.theresidenceschicago.com/

This $1.5 million Condominium was reserved in Aug 2006 for our own use by our own LLC. For personal reasons we must now sell this asset. There has been 2 x 6% price increases since the beginning and the anticipated price of this unit on this floor by completion date in 2009 is expected to be around $2M.

As the new owner, there are no more payments to be made until after closing, when the balance of $1.35M must be paid (we have already paid $150,000 for you along with the car parking space worth $85,000). Immense opportunity to own a luxury condo on the Magnificent Mile with around $100,000 in equity already built in.

Email or Call Kevin NOW.

kevin@o-grady.com

Bill of Sale is required, download it here. Fax it to us at +1-720-247-5053 or email it to kevin@o-grady.com.Finally, if you can’t use this opportunity yourself, please don’t just delete it – if you have a friend, colleague, partner or any person you know or think may be interested in this opportunity, send them to this address.