Wrigley Jr. breaks up $14M penthouse to sell it

By Tribune staff report
Posted June 25, 2010 at 7:37 a.m.

ELITE STREET | Chewing-gum heir and Wm. Wrigley Jr. Co. Chairman Bill Wrigley Jr. has taken a different tack in trying to sell his 13,200-square-foot, never-occupied Gold Coast penthouse, which previously was the city’s highest-priced residential listing at $14 million.

Now, Wrigley has subdivided the raw space into three separate units and has placed two of them on the market for $6 million and $5 million.  The eight-room, 3,644-square-foot west unit is for sale for $6 million, while the nine-room, 5,466-square-foot north unit is available for $5 million.

Wrigley is not listing the east unit — and its view of Lake Michigan — right now, although he ultimately will try to sell that unit, said his listing agent, Jim Kinney of Rubloff.

“For most people who have looked at (the penthouse), it’s a lot of space,” Kinney said.  “These originally were three separate units, but (Wrigley) bought all three.  However, he never built it out, and we never sold it as one space, even though we had activity, so we’re putting it on as separate units.  There’s a lot bigger market for the smaller units.”

Wrigley’s 11,013-square-foot Lake Forest mansion remains on the market for $9.99 million.

– By Bob Goldsborough

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  1. Charlie June 25, 2010 at 8:53 a.m.

    Is there a reason no address is given? “Gold Coast” doesn’t say much.

    If no address, how about: Street? Block? Floor on which penthouse is located?


  2. Wayne June 25, 2010 at 9:38 a.m.

    I remember when my father worked for 30 years on the docks unloading paper for the Tribune. The working conditions were unbelievable inregards to safety and any thing for the men. He had to breath the fumes from those lift machines for all those years. I am not sure anyone in Tribune management cared to much. Meaning Mr. Wrigley.

    When he died at 58, after 30 plus years there was no pension for my mother. You see he had to be 60 even with over 30 years of service.

    I guess some of that unfair pension policy paid for the Penthouse.

    I hope you enjoyed it.

    Someone so hurt even after these years.

  3. Anonymous June 25, 2010 at 9:50 a.m.

    Wayne –

    The Wrigley family never owned the Tribune Company, they owned the Wrigley Gum Company accross the street from the Tribune Tower. The unfair pension policy you speak of helped Tribune buy the Cubs from the Wrigley company.

    Sorry Dude.

  4. Anonymous June 25, 2010 at 9:52 a.m.

    Hey Wayne,

    How about you direct your pent up anger at the correct executives? Wrigley has nothing to do with running the Tribune moron, Wrigley makes gum!!! Yeah the family got $25 mil for the Cubs from the Tribune back in 1981, but I’m betting that money didn’t buy the penthouse… Maybe you should have thought your posting out a little bit more before making yourself look like a total dumba$$!

  5. crobb June 25, 2010 at 10:10 a.m.

    The property is on Goethe. You can find it on the Rubloff website

  6. crobb June 25, 2010 at 10:11 a.m.

    The property is on Goethe. You can find it on the Rubloff website. there are photos too. Looks like a fixer upper.