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Oprah lists Chicago apartment for half her buying price at $2.8million

London: Oprah Winfrey’s Chicago apartment is up for sale at 2.8 million dollars, which is half the price she paid for it six years ago.

The talk show hod purchased the luxurious co-op, in the city’s upscale Streeterville neighbourhood, for 5.6 million dollars in 2006, and first attempted to sell for 6million dollars in 2008, though it failed to attract a buyer, the Daily Mail.

Now, demonstrating just how much the local property market is suffering, she has been forced to reduce the asking price by 2.8 million dollars.

However drastic the discount, the apartment, listed with Prudential Rubloff Properties, certainly lives up to its six-figure price tag.

One of 13 units in a 1913 Beaux Arts-style building designed by architect Benjamin Marshall, it has eight rooms with 10ft ceilings over 4,607sq ft.

It boasts its own library, a formal dining room, a butler’s pantry, a wine room and even a solarium.

In addition to a vast 1,241sq ft master bedroom with an equally large en-suite bathroom, there are two guest bedrooms.

But potential buyers impressed by the celebrity cachet might be disappointed to learn that Winfrey never lived in the apartment.

It is believed that she felt this property was too overlooked and had concerns about privacy.

Winfrey was based in Chicago until this time last year, when her long-running talk show, filmed in the city, ended, and has two other properties in the area.

According to the Chicago Tribune, she uses a nearby duplex condo as her main Chicago residence.

She spends most of her time, however, at her estate in Montecito, California, nicknamed ‘The Promised Land’, which she purchased in 2001 for a reported 52 million dollars.

ANI

From Zee News

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