Raffaello Condominium Hotel

Chicago, IL


The boutique Raffaello is an exquisitely designed, 4 star luxury hotel with wonderful character and charm. Built around the turn of the century, this 175 room, 17 story hotel is nestled one block east of the Magnificent Mile's famed Michigan Avenue and one block west of Lake Michigan. The location, directly behind the John Hancock Center is in a quiet corner of the historic Gold Coast/Streeterville area of downtown Chicago. The Raffaello affords the lucky few, the opportunity to own a fee simple, deeded residence with all the services, luxuries and amenities of a first class boutique hotel. Owners can choose to live in their residence year round, seasonally or as a weekend pied a terre.

The Raffaello Hotel recently completed a $25 million interior renovation that reflects a stylish image while preserving the building's landmark Mediterranean facade and historic lobby architecture. All residences at the Raffaello are designed with custom furnishings by Mitchell Freedland design. Each of the residences' feature a private, locked owner's closet for personal belongings, refreshment center with a Microwave and refrigerator, 32' flat panel LCD TV's, wired and wireless internet access, luxury high thread count bedding and much more.

Owners may elect to defer some of the costs of ownership by renting their suite's out when not in use. Owners may rent their units themselves, hire a third party rental management firm, hire the Raffaello hotel management group or choose not to rent their unit out.