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]