Kerry Wood's Recent Real Estate Move: A $8.5 Million Sale
In a significant real estate transaction, Kerry Wood, the retired pitcher for the Chicago Cubs, and his wife, Sarah, have sold their luxurious Winnetka mansion for $8.5 million. This sale marks one of the most notable real estate events in the Chicago area this year, reflecting the ongoing trend of high-value property transactions in the region.
Details of the Sale
The mansion, located at 660 Prospect Avenue, spans an impressive 11,250 square feet and features six bedrooms. The property was sold to an undisclosed buyer, achieving a sale price of $755 per square foot. This transaction was reported on August 30, 2024, and has garnered attention not only for its price but also for the stature of its previous owners.
Historical Context
Kerry Wood, who is well-known for his remarkable career in Major League Baseball, particularly with the Cubs, has made headlines in the past for both his athletic achievements and his ventures outside of baseball. His most famous moment came in 1998, when he struck out 20 batters in a single game, tying a Major League record. This performance has since become a legendary part of Cubs history.
Real Estate Market Trends
The sale of Wood's mansion is part of a broader trend in the Chicago real estate market, where properties priced at $7 million or more have seen a surge in sales. In fact, Wood's mansion is the fourth property in the Chicago area to sell for over $7 million within just ten days, indicating a robust market for high-end real estate.
Previous Listings
Prior to the sale, the Wood family had listed the mansion for $8.49 million in January 2024. The property was initially marketed as a Georgian Revival-style mansion, showcasing the architectural elegance that has become synonymous with high-value homes in the area. The listing attracted significant interest, leading to a successful sale just months later.
Media Coverage and Public Interest
The sale has been covered extensively by various media outlets, including The Real Deal, Chicago Tribune, and Crain's Chicago Business. Each outlet highlighted the significance of the sale, not only in terms of the price but also due to Wood's celebrity status and his connection to the Chicago Cubs.
Visual Appeal
The mansion's aesthetic appeal has also been a focal point in media coverage. With its spacious layout and luxurious amenities, the property has been described as a prime example of upscale living in the Chicago suburbs. The sale has sparked interest among potential buyers and real estate enthusiasts alike, further emphasizing the allure of high-end properties in the area.
Kerry Wood's Legacy
Beyond his real estate ventures, Kerry Wood remains a beloved figure in Chicago sports. His contributions to the Cubs and his memorable performances have solidified his legacy in the city. The sale of his mansion is just one chapter in his post-baseball life, as he continues to engage with the community and explore new opportunities.
Future Prospects
As the real estate market continues to evolve, it will be interesting to see what Kerry Wood's next steps will be. Whether he chooses to invest in more properties or focus on other business ventures, his recent sale has undoubtedly positioned him as a significant player in the local real estate landscape.
Kerry Wood's sale of his Winnetka mansion for $8.5 million is a noteworthy event that highlights the intersection of sports, celebrity, and real estate. As the Chicago market remains vibrant, Wood's legacy as both a sports icon and a savvy real estate player continues to grow. The sale not only reflects his personal journey but also serves as a testament to the thriving high-end real estate market in the Chicago area.
For more details on this story, you can check out the full articles on The Real Deal and Crain's Chicago Business.