Holy Cow! Teardown Near Wrigley Field Lists for $9.8 Million
"The seller strongly feels that this is the price," said real estate agent Amy Duong Kim of Jameson Sotheby's International Realty, who's marketing the listing as about 536 feet from home plate.
It's hard to find comparable prices, she explained, because most Wrigleyville properties with special zoning rights were sold long ago -- and some went quite high. In 2011, the family that owns the Cubs paid $20 million for a nearby McDonald's parking lot, the Chicago Tribune reported.
The seller, who has lived in the home since the 1970s, has watched the country's second-oldest ballpark (behind Boston's Fenway Park) become a venue for more night games and concerts, while the neighborhood around it morphs into an ever-livelier entertainment scene. There are plans for a hotel, open-air plaza and street fair next to Wrigley Field.
The owner has listed the home before, including in 2012 for $9.9 million, Kim said.
Hat tip to Curbed Chicago for finding the listing.