After five years of trying to find a buyer, Hollywood actor Vince Vaughn is finally free of his three-level Chicago penthouse which at one time spanned three entire floors of the Palmolive Building on the Windy City's Mag Mile. First seeking $24.7 million in 2011, the sprawling residence took numerous price cuts over the years before Vaughn — a Lake Forest native — and wife Kyla Weber made the decision to split the unit into two smaller pieces this May.
The move was apparently the right one, considering both properties have now found buyers. According to records, the smaller, 4,292-square-foot unit on the 35th floor sold on Friday for $4.1 million — getting the majority of its $4.2 million initial ask. The transaction comes on the heels of the sale of the larger duplex unit on floors 36 and 37 which fetched $8 million less than two weeks prior.
This last piece of Vaughn's pad features three bedrooms, three-and-half bathrooms, and direct elevator access to the unit. According to the listing notes, the home is "ready for redevelopment by a homeowner that wants to make it his own."
The Lost World actor purchased his massive Palmolive digs as a bachelor back in 2006 for $12 million. Based on the combined two-unit sale price of $12.1 million, his tenure in the 1929 art deco tower has been essentially a financial wash. Public records do not disclose the identity of Friday’s buyer, reports the Chicago Tribune.
- Vince Vaughn sells remaining Palmolive Building unit for $4.1 million [Chicago Tribune]
- Vince Vaughn finally ditches Palmolive Building penthouse [Curbed Chicago]
- 159 E. Walton Pl #35 [Redfin]