Jamie Dimon's Slow Seller, Estate of the Day

by Deidre Woollard (RSS feed)
Jul 21st 2010 at 1:02PM

How does JP Morgan CEO Jamie Dimon live? Quite well, thank you very much. We first checked out his home on Chicago's Gold Coast last year but a new listing offers a deeper look at Dimon's well-decorated environs. His eight-bedroom home was built in 1870 but has been lavishly adapted for the modern executive. The home is spread out over four stories and includes a 900-square-foot rooftop terrace outfitted with ample seating in both sun and shade. There is a second floor master suite, wine vault, an elegant gold and eggplant media room and gym decorated with sports memorabilia and crowned with a starry dome.

Dimon has been the CEO and president of JP Morgan since 2005 and has been an integral part of overseeing the $25 billion in TARP funds that JPMorgan Chase received. He hasn't lived in the Gold Coast home since 2004. He bought the home in 2000 for $4.68 million and originally put it on the market several years ago for $13.5 million. It was at $10.5 million when we checked it out last year but had a price cut earlier this year to $9.5 million. The only property listed for more in the area is Bill Wrigley Jr.'s raw penthouse space.

Gallery: 25 East Banks

Tags: chicago, chicago real estate, estate of the day, illinois real estate, jamie dimon, JP Morgan, jp morgan chase

Filed under: Estates

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Reader Comments (Page 1 of 1)

DJ Jul 21st 2010 1:18PM

Wretched excess anyone?

mm Jul 21st 2010 10:43PM

wow. Is that a real monet or a chuck close, pixelated one?

Tigre Jul 22nd 2010 1:24AM

Their are some things I don't like about the place but their minor. If I had the cash to buy this place or a place like this I would do it in a heartbeat.

**That douche bag pic with the guy folding his arms needs to go!**

roberta Sep 24th 2010 9:33PM

Did you know that there are three ways to spell "Their" and three different definitions, none of which you mastered in your English classes. You should have used " There" in the first instance and "they're" in the second.

William Jul 22nd 2010 1:36PM

Half your first paragraph is repeated just above the pictures. Copy editor?

pmlhhh4200 Jul 24th 2010 11:00AM

The house built on USURY, built on the tears of people who can't pay the interest, the stress of those who face eviction, the grief of those who are evicted and trying to find some other place to stay.

kshiver Aug 20th 2010 3:52PM

Just recall the reason we left NW Europe? Lords who put their power against the peasants, persecuted them via religion and denied ownership of land. Now, we see the extension of the model where excess via means one could argue are unethical at best and illegal at worst, the usurious methods of charging interest rates on credit cards that are absurd, 29-36% for working families is an outrage....Bush reduced taxes on guys like this??? Great job Bushy boy....back to Crawford for you....and get a new tax advisor for Dimon....