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David Axelrod Lists Subdued Lake Point Tower Unit for $1.25M

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Obama strategist-turned-academic David Axelrod — Karl Rove of the Democrats, as some like to say — has listed his longtime Lake Point Tower pad for $1.25M. Axelrod and his wife, Susan, bought the 3,200 square-foot 46th floor condo in 2001 for $950K, according to records consulted by Crain's. Not knowing its significance, we passed over this new-to-market listing when constructing our Lake Point Tower face-off last week. The subdued interiors with earth-tone furnishings just didn't make a strong enough case. That said, this is probably a more comfortable dwelling than either of the showier high-floor listings. The views are superb of course, and a great room fuses kitchen, dining, and living spaces thus setting the stage for productive schmooze-a-thons. The Axelrods have another condo at Water Tower Place, purchased last year for $1.7M, so Chicago's hanging onto this political royalty.
·Listing: 505 N LSD #4604-05 [@properties]
·Political vet Axelrod lists Lake Shore Drive condo [Crain's]
·David Axelrod Spends Big on Michigan Ave [Curbed Chicago]