Werner and Marileez Suter bought a condo at 1440 E. Schiller St. in the Gold Coast from Diane Pentoney and Mary Jane Goldblatt for $750,000 on April 9.
Unit #34FGH is part of the 1440 N. Lake Shore Dr. condominium development. It was built in 1966.
Mr. Suter serves as the chairman of Hotels of Switzerland.
Sales at 1440 N. Lake Shore Dr. were down 42.9 percent from 2007-08, while the median sales price rose four percent during that time.
There were 540 condo sales in the Gold Coast in 2008, with a median price of $375,000.
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