The Joplin Globe, Joplin, MO

Business

May 23, 2012

Oprah Winfrey condo for sale

CHICAGO — Media giant and former talk-show host Oprah Winfrey placed her eight-room, 4,607-square-foot co-op unit on the market on Tuesday for $2.8 million, half of what she paid for the unit in 2006.

The three-bedroom unit never was Winfrey’s home. She paid $5.6 million for the sixth-floor unit in 2006, but had a change of heart after buying it, opting to remain in her massive duplex condominium spread in a different building a few blocks away.

From June 2008 until January 2009, Winfrey had the unit on the market for significantly more than she does today, seeking fully $6 million for it. Late last year, Winfrey, who ended her long-running, Chicago-based talk show a year ago, had placed the co-op up for rent for $15,000.

Now, Winfrey, who spends much of her time in California and Hawaii, has the unit up for sale. She does not have her massive duplex condo on the market at this time.

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 her’s bathrooms and an en-suite guest bedroom.

Listing agent Colette Connelly of Rubloff did not respond to a request for comment.

Winfrey owns several other pieces of residential real estate in the Chicago area, including a house in Elmwood Park that she purchased in 2001 for $298,000 and a house in Merrillville, Ind. Her primary residence is her estate in Montecito, Calif., which she purchased in 2001 for a reported $50 million.

 

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