Bill Gates—the planet’s second wealthiest individual—appears to be the buyer of a five-bedroom single-family home in Chicago’s Hyde Park neighborhood.
Though the $1.25 million April 11 sale was made through a land trust and doesn’t name Gates directly, the Chicago Tribune reports that Christopher Carletti—a Seattle-based attorney the represented the family in previous real estate transaction—is listed on the home’s deed. Carletti, the property’s listing agent, and representatives of Bill and Melinda Gates Foundation haven’t commented publicly regarding the identity of the buyer.
It’s speculated that sale could have something to do with the South Side home’s proximity to the University of Chicago. The Microsoft founder and philanthropist’s college-age son, Rory, was reportedly spotted on campus around the time of the sale.
Gates' son has been spotted scoping out U. of C. recently. Looks like he picked a school. https://t.co/FLkRD6BEww— Sam Cholke (@SamCholke) April 30, 2018
A far cry from the family’s sprawling $60 million Seattle-area home, the Hyde Park property spans “just” 3,000 square feet and features a brick facade, two rear-facing terraces, and a detached three-and-a-half-car garage. The three-story structure was built in 1902 and underwent a full gut rehab in 2016.
It had last been listed for $1.345 million.
- Bill Gates believed to have bought Hyde Park mansion [Chicago Tribune]
- Previous Hyde Park coverage [Curbed Chicago]