JPMorgan CEO Jamie Dimon's Chicago Mansion Goes Under Contract

----------------------------------------------------------------------
This article was sent to you by someone who found it on SFGate.
The original article can be found on SFGate.com here:
http://www.sfgate.com/cgi-bin/article.cgi?file=/g/a/2010/09/23/bloomberg1376-L96A3T0UQVI901-2OF51LSFP4FOHNFNU2BC17OAVN.DTL
---------------------------------------------------------------------
Thursday, September 23, 2010 (SF Gate)
JPMorgan CEO Jamie Dimon's Chicago Mansion Goes Under Contract
Sept. 22 (Bloomberg) -- The Chicago mansion owned by Jamie Dimon, chairman
and chief executive officer of JPMorgan Chase & Co., has gone under
contract for an undisclosed sum after the price was cut by about $2.6
million. The Gold Coast neighborhood property was taken off the market and
put under contract yesterday, according to a local multiple listing
service report. Janet Owen, the property's listing agent at Sudler
Sotheby's International Realty, said in an e-mail that a sales agreement
is pending. She declined to comment further. The eight-bedroom property
was listed at $6.95 million by Sudler Sotheby's, after having an asking
price of $9.5 million earlier this year. It was previously advertised at
$10.5 million by Koenig & Strey GMAC Real Estate. Dimon and his wife,
Judith, bought the house in 2000 for $4.7 million, according to records on
the website of the Cook County Recorder of Deeds. The mansion, which has
nine full bathrooms, was built in the late 1800s and is near Lake Michigan
and Oak Street Beach. Dimon first listed it for sale in April 2007 for
$13.5 million. Thomas Kelly, a spokesman for New York-based JPMorgan,
declined to comment. The contract was reported earlier today by Crain's
Chicago Business.--Editors: Daniel Taub, Josh Friedman ----------------------------------------------------------------------
Copyright 2010 SF Gate