Obama neighbors’ home is officially sold

Posted April 7, 2010 at 8:00 a.m.

By Mary Ellen Podmolik | The next time the Obamas come back home to Chicago, they’ll have to stop
next door with a plate of cookies and meet the new neighbors.

Seven
months after it was put on the market, the home at 5040 S. Greenwood
Ave., next door to the Obama’s home in Chicago’s Kenwood neighborhood,
has sold for $1.4 million cash. The sale of the 17-room brick house
closed Tuesday.


The sale has not yet been recorded and the buyers have chosen to remain anonymous, said listing agent Matt Garrison.

“They’re normal, organic Chicago buyers,” he said. “They probably would have preferred if the house was down the street instead of next door to the Obamas.”

Bill and Jacky Grimshaw, longtime owners of the home, listed it for sale last September for an unspecified price and in October affixed a $1.85 million price tag to it. The home will undergo a gut rehab, Garrison said.

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3 comments:

  1. JimBob April 7, 2010 at 11:07 a.m.

    Thank God — I was afraid to lose another night’s sleep over this one….

  2. John April 7, 2010 at 11:31 a.m.

    what is it with the media. Make a big deal out of something of no importance. Obama doesnt even go to his house their anymore, nor will he when he is ousted next election. He will retire to somewhere else trust me. So, buy a home that was sold in 1973 for 35,000. pay 1.6 mill or whatever it was in 2010 is foolish…. but, not my money.

  3. Fred April 7, 2010 at 11:40 a.m.

    Dang, I missed my chance – I enjoy the TSA body cavity searches at O’Hare, but what I’d really like is to get poked by the Secret Service every time I get back from the grocery store.