NewburyportNews.com, Newburyport, MA

Real Estate News

June 6, 2012

Oprah Winfrey Slices Price of Luxe Chicago Condo She Never Lived In

Syndicated —

Source: showbiz411.com

She must really want it sold.

Otherwise, why would media mogul Oprah Winfrey slash the price for her stunning 4,600-square-foot Chicago condo?

Winfrey has re-listed the 3-bedroom, 4-bathroom co-op at 199 E. Lakeshore Drive for $2.8 million, which is exactly half of the $5.6 million she paid for the place in 2006.

According to the Chicago Tribune, which reported the news Wednesday, Oprah spends most of her time at her palatial digs in California and Hawaii since leaving her show last year. She still owns a duplex nearby in Chicago's coveted Gold Coast real estate market, but has apparently ramped up efforts to divest of the condo she bought in 2006 but never moved into.

After trying to sell the condo in 2008, Winfrey had it listed as a rental for $15,000 a month. According to the Tribune, the pressure is on to finally get the elegant abode sold.

The unit that Winfrey is trying to sell is one of 13 apartments in a Beaux-Arts-style building that was built in 1913 and designed by architect Benjamin Marshall. It has three full baths, two half baths, 10-foot ceilings, two fireplaces, an inner foyer, a library, a solarium, a formal dining room, a butler's pantry, a wine room, a custom eat-in kitchen, a 1,241-square-foot master bedroom with his and hers bathrooms and an en-suite guest bedroom.

Related:

1
Text Only | Photo Reprints
Real Estate News

Offbeat
NDN Video
GMA: Dog passes out from excitment to see owner "The Hunger Games: Mockingjay – Part 1" Trailer is Here! Chapter Two: Designing for Naomi Watts Baseball Hall of Famers Inducted Florida Keys Webcam Captures Turtles Hatching Morgan Freeman Sucks Down Helium on 'Tonight Show' Robin Wright Can Dance! (WATCH) She's Back! See Paris Hilton's New Carl's Jr. Ad Big Weekend For Atlanta Braves In Cooperstown - @TheBuzzeronFox Chapter Two: Becoming a first-time director What's Got Jack Black Freaking Out at Comic-Con? Doctors Remove 232 Teeth From Teen's Mouth Bradley Cooper Explains His Voice in 'Guardians of the Galaxy' Deja vu: Another NYPD officer choke-holding a suspect 'Fifty Shades of Grey': Watch the Super Sexy First Trailer Now! Reports: Ravens RB Ray Rice Suspended For 1st 2 Games Of The Season Air Algerie plane with 119 on board missing over Mali Diamond Stone, Malik Newman, Josh Jackson and others showcase talent Free Arturo - The World's Saddest Polar Bear A Look Back at Batman On Film Through The Years
Special Features
NRA Waterfront Plans