Deal Estate
 

Housing Bulletin

Tyson Chandler Sells Former Northfield Home

Posted June 21, 2011, at 9:51 a.m.
By Dennis Rodkin
The former home of Tyson Chandler, located in Northfield

Nine days ago, Tyson Chandler was celebrating an NBA championship after his Dallas Mavericks defeated the Miami Heat in a six-game series. Yesterday, Chandler enjoyed another victory of sorts: after four years, he finally sold his former home in Northfield.

Chandler paid $4 million for the 20-room house in June 2006, when he was playing for the Chicago Bulls. Three weeks after he bought the place, he was traded to the New Orleans Hornets, and ten months later he put the Normandy-style mansion on the market priced at $5 million. Over the next few years—for some short stretches of which, it was not actively marketed—the house was listed with at least three different agents and underwent a series of price cuts. In June 2010, the price landed at $2.895 million, or 72 percent of what Chandler had paid for the home when it was newly built. The house went under contract in April 2011, and on June 20th, the sale closed at $2.1 million—only a little more than half of what Chandler had paid for it.

Situated on more than half an acre, the house has six bedrooms, seven full and two partial baths, three fireplaces, and a four-car garage. Millie Weinberg of Coldwell Banker handled the sale. The buyers are not yet identified in public records.

Posted in Housing Bulletin

 
 

Comments to this blog are moderated. We review them in an effort to remove foul language, commercial messages, and irrelevancies.

Jun 21, 2011 04:22 pm
 Posted by  Joe Zekas

Wonder if the new owners will change the leopard crpeting in the master bedroom closet or lower the Tyson Chandler-height vanity in the master bath?

Rumor had it that Chandler added over $1M in upgrades over his purchase price.

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About This Blog

Deal Estate: The Blog is the online extension of Chicago magazine’s monthly “Deal Estate” column, which is written by Dennis Rodkin. On the blog, Rodkin—who has been covering the local housing scene for Chicago since 1991—provides timely updates on new homes to hit the market, recent high-end sales, and other residential real-estate news from the city and suburbs.

Got a hot housing tip? Contact Rodkin at dennis@rodkin.com.
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