Rosie O'Donnell Closes On Lake View Home For $2.25 MM Cash

Rosie O'Donnell Closes On Lake View Home For $2.25 MM Cash

It looks like Rosie O'Donnell closed on her Lake View home at 1517 W Grace on Monday. It only took 2 weeks to close as it was an all cash deal - no surprise. It was also a dual agency deal - ugh! I also suspect she didn't get a buyer rebate - ugh!

The home was listed at $2.5 MM and was sold for $2.25 MM and all the furniture was sold with the property. However, in all likelihood, the furniture was sold as personal property for a separate amount. The home had only been on the market for 2 months when it went under contract. Here is the description from the MLS along with some particulars and you can see a slideshow below:

ENJOY SOUTHPORT CORRIDOR'S MARVELOUS LIFESTYLE FROM PHENOM HOME ON EXTRA-WIDE LOT. "WOW'S" INCLUDE: 11' CEILINGS, CUSTOM CABINETRY AND MILLWORK & A RICH, DESIGNER FLARE. RECENT IMPROVEMENTS INCLUDE: TOP OF THE LINE WHOLE-HOUSE AV/SECURITY SYS, HOME THEATER & SPORTS BAR THAT WILL AMAZE YOU. RELAXED, OUTDOOR LIVING W/SYNLAWN-DESIGNED PATIOS + A 2000 SF ROOF DECK! 4 HUGE BDRMS ON 2ND LEVEL. 3 CAR HEATED GARAGE.

  • 37.5 ft wide lot
  • 6000 square feet
  • 5 bedrooms
  • 5 full baths and 2 half baths
  • 3 fireplaces
  • Lots of TVs
  • Property taxes $29,000/year

The story was that when Rosie first started her new TV show in Chicago in Oprah's old digs she had originally planned on commuting from New York. However, apparently she fell in love with the city - note that this decision was clearly reached in the summer so let's see what she thinks when January comes around. She learned that one of the executives at the Oprah Winfrey Network was selling a home and they negotiated a deal.

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    Gary Lucido

    After 20 years in the corporate world and running an Internet company, Gary started Lucid Realty with his partner, Sari. The company provides full service, while discounting commissions for sellers and giving buyers rebates.

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