201 E Delaware - The Rafaello
Chicago, Illinois 60611
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The Raffaello Condominium Hotel (201 E Delaware) is the only project of its kind in the Streeterville neighborhood. The Rafaello offers deeded residences with all the services and amenities of a 4-Star hotel. After undergoing a $20 million renovation in 2006, the historic building was given a new interior while maintaining its historic lobby and architecture.
Owners of a hotel condo have the option of living in the unit year round, seasonally or as a weekend home in the city. Owners can defer some of the costs of ownership by renting out the rooms via the hotel management when the unit is not in use.
All residences in the building include custom furnishings selected by the developer's design consultant, a private locked owner's closet, flat panel LCD TVs, a refreshment center, and luxury bedding.
Adjacent to the hotel is the John Hancock Observatory and premier retail shopping and restaurants. The rooftop of the Raffaello Hotel features a deck with plush gardens and incredible views of the Chicago skyline.
1 Bed - $300k - $500k+