Posts Tagged ‘Chicago Real Estate’

Jennifer Hudson Backs Out of Chicago Home Sale

Friday, February 17th, 2012

One, big Chicago real estate deal has hit a sour note.

At the end of November, Jennifer Hudson was reportedly under contract to buy a 12,000-square foot home in Burr Ridge, Il, but somewhere the music stopped. The award-winning singer and actress backed out of the home purchase, according to the Chicago Tribune.

The 6-bedroom, 7-bathroom castle-like home was last listed on the Burr Ridge real estate market for $2,795,000. At the time, NBC Chicago reported the 30-year old star “will get the house for 33 percent less than the original asking price of $4.2 million.”

Why would the Academy-Award winning star back away from the discounted mansion? While the home inspection could have revealed something, the Tribune speculates that Hudson ended the contract due to publicity surrounding her home purchase.

“It had nothing to do with the house or the price,” listing agent Chuck Ivas of Re/Max Elite told the Tribune.

Described as a “majestic estate,” the massive property was custom built in 2007 and features Brazilian cherry floors, a floating staircase, heated garage, two laundry rooms, a third floor bonus room, formal living and dining rooms, theater, eat-in kitchen, and finished walk-out basement.

For Hudson, who sang a tribute to Whitney Houston during the 54th Grammy Awards a day after the troubled singer’s death in Beverly Hills, there’s still time to find a place to extend her roots in her native Chicago.

(Taken from Zillow® Blog)