Monday, 6 August 2012

Oprah loses £1.8 million on Sale of luxury Chicago apartment

Talk-show legend Oprah Winfrey has sold her luxury apartment in Chicago for under half the price she bought it for in 2006
The television presenter brought the luxurious property in the city's swanky Streeterville neighbourhood for £3.57 million ($5.6million) in 2006.  On her first attempt at selling the property, she put it on the market in 2008 for £3.82 million ($6 million) though it failed to attract a buyer.

According to the Chicago Tribune, this forced Winfrey to lower the asking price in May 2012 by around £1.8 million ($2.8million) and the sale was finalised in July.

The apartment  consisted of a wine room, a formal dining room, a butler's pantry, a 24/7 doorman, and even a solarium as well as its own library. Despite the sheer luxury of the property, Oprah never actually lived there herself as it is reported that ‘that she felt this property was too overlooked and had concerns about privacy.’  

The star also owns a number of other homes including a farmhouse in Kula, Hawaii, a holiday home in Antigua, a property by the shore in Lavallette, New Jersey, a ski chalet in Telluride, Colorado, and a home in Douglasville, Georgia.

if you fancy jetting off to the USA and are looking to buy property in the USA then visit us at

alternatively, if you are moving elsewhere in the UK and are in need of conveyancing for your new property. visit us to compare conveyancing prices to find the best quality conveyancing for the best prices in your area!!

No comments:

Post a Comment