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Ex-Northwestern Law School Dean Sells for $1.5M Under List

Last summer, David Van Zandt announced that he'd be leaving his post as dean of Northwestern University's Law School to become president of the New School in New York. A few months later, Van Zandt listed his Lincoln Park mansion for a whopping $4.7 million — more than five times what he paid for the 6,290-square-foot home when he bought it in 1996. "Good luck," wrote one well-wisher, perhaps thinking that DVZ had set the price a tad high. Nine months after listing it, a buyer has closed on the professor's pad for $3.1 million, making it one of the pricier homes to sell in Lincoln Park this year.
· Lawyer Up: Northwestern Law Dean Lists Home for $4.7M [Curbed Chicago]