Steve Beach Real Estate Team

Baird & Warner's Kinney Posts Chicago's Highest Priced Listing

- 09/30/11 by Baird & Warner

Chicago's Highest Priced Listing

Baird & Warner VP of Luxury Home Sales Jim Kinney recently listed the 13,200-square-foot penthouse of chewing gum heir and Wrigley co. chairman Bill Wrigley Jr. for an astonishing $14 million, making it the highest priced residential listing in Chicago.

Located in the city's Gold Coast neighborhood, the full-floor penthouse is raw, undeveloped space on the eighth floor of the Lucien Lagrange-designed limestone building at 65 E. Goethe St. The home includes two 1,500-square-foot outdoor spaces on the roof, plus six garage spots.

"It's such a prestigious building," said Kinney. "It's sort of a Who's Who of Chicago that lives there.

Wrigley purchased the home, which is three units combined into one, in 2002 for $9,775,000. According to Jim, Wrigley intended to build out the space, but later changed his mind. Architectural drawings previously commissioned for the space are included in the asking price.

Wrigley's $14 million asking price dwarfs the previous highest-priced residential listing in Chicago -- JPMorgan Chase CEO Jamie Dimon's $10.5 million 26-room, 15,000-square-foot mansion on Astor Street, which is still on the market.

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