As the weather warms up Chicago's wealthy homebuyers appear to be loosening their purse strings. In the past week, a $9M Gold Coast mansion and an over-the-top Lakeview mansion formerly owned by R. Kelly in have sold. Now, Bob and Karen Ranquist's stunning warehouse conversion in Bucktown has gone under contract. Yesterday, an anonymous Curbed commenter who seems to have some inside knowledge of the deal announced that the 8,600-square-foot home sold for $2.77 million. Today, the listing status changed from "for sale" to "under contract," and although we haven't been able to reach the sellers for confirmation, $2.77M does sound like a plausible figure (the home has been listed at $3.095 million since January).
· Price Slips on Ranquist Warehouse-Mansion in Bucktown [Curbed Chicago]
· Bob Ranquist builds another dream home [Chicago Home + Garden]