Former ad exec lists sprawling South Loop penthouse for $3.4M

The 18th and 19th-floor condo of pioneering ad executive Tom Burrell is back on the market in Chicago’s South Loop with a new, lower asking price. Created from two smaller units, the 6,500-square-foot residence offers 18-foot ceilings and sweeping, unobstructed views to the north, west, and south.

The eclectic art-filled duplex features three bedrooms, five full bathrooms, a dedicated home office, library, den, media room, three terraces, and west-facing glass solarium. Custom finishes include leather living room floors, oxidized steel walls, a carrot-colored kitchen, and a room topped by hanging cloud sculptures.

Tom Burrell was the first African American to break into Chicago’s advertising industry in the 1960s. He went on to found his own company, Burrell Communications Group, in 1971 before retiring and taking over as chairman emeritus in 2004. His groundbreaking career was recounted in a 2018 WTTW documentary.

Burrell’s one-of-kind South Loop penthouse first hit the market last spring asking $3.9 million, reported Crain’s at the time. The home’s price was reduced to $3.5 million in October before returning this week for $3.4 million. The listing is represented by Bonita Burrell, Tom’s daughter.

• 1530 S. State Street #18A-B, Chicago IL [Burrell Realty]
• Pioneering ad exec Tom Burrell selling South Loop condo [Crain’s]
• How Tom Burrell Convinced Corporations That ‘Black People Are Not Dark-Skinned White People’ [WTTW Chicago]