Oprah sells her last piece of real estate in Chicago!

Media mogul and former Chicago-based talk show queen Oprah Winfrey on Tuesday sold the final piece of real estate she owned in the Chicago area — a four-bedroom, 2,250-square-foot Colonial-style house...

Media mogul and former Chicago-based talk show queen Oprah Winfrey on Tuesday sold the final piece of real estate she owned in the Chicago area — a four-bedroom, 2,250-square-foot Colonial-style house in near west suburban Elmwood Park — for $375,000.

Winfrey herself never occupied the all-brick house, which is on 78th Court in the River Forest Manor area of Elmwood Park. And it’s not known what she used the house for. She purchased it in 2001 for $298,000 and then first listed it in 2016 for $393,875, after she had concluded the sale of all the other homes she had owned in the Chicago area.

Built in 1941, the house has two baths, two wood-burning fireplaces, a walkout basement, a formal dining room and recessed lighting. The house is being sold as-is.

Winfrey’s Phoenix Investment Trust purchased the house in 2001. Two years later, Winfrey’s representatives transferred ownership of the house to her Overground Railroad LLC company, which is one entity she has used to own her residential real estate. After first listing it in 2016, Winfrey took the house off the market before relisting it in April for $400,000. She reduced its asking price twice in June, to $390,000 and then to $370,000, before finding a buyer.

Winfrey continues to own a small house in Merrillville, Ind. that she purchased in 2001. She now has estates in Montecito, Calif., in Kula, Hawaii, and on Orcas Island, Wash. In the Chicago area, she previously had sold a four-unit, 9,625-square-foot duplex in Water Tower Place in 2015 for $4.625 million. In 2012 she sold a never-occupied, eight-room, 4,607-square-foot co-op unit in the building at 199 E. Lake Shore Drive in the Gold Coast for $2.75 million.

Listing agent Adela Rus declined to comment on the sale. Nicole Nichols, a spokeswoman for Winfrey, declined to comment as well.

Source: chicagotribune.com

Photo Credit:Variety

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