Business Real Estate

Former Blackhawks coach lists Park Ridge home for $1.1 million

Former Blackhawks coach Trent Yawney has listed his five-bedroom, 4,000-square-foot home in Park Ridge for $1.1 million.

Yawney, a former Blackhawks defenseman, coached the team from 2005-2006. He is the coach of the Norfolk Admirals team, which is affiliated with the Anaheim Ducks. Yawney played for the Blackhawks from 1988-1991 and again from 1997 until his retirement in 1999.

Yawney paid $1.3 million in late 2005 for the nine-room, custom-built Colonial-style house. Features include five full baths, an open family room with a fireplace, a recreation room with a custom wet bar, a two-car brick garage and a master suite with walk-in closet, a steam shower and a Jacuzzi tub.

Yawney, 47, previously owned several Chicago-area homes. He owned a house in Burr Ridge that he bought in 1998 for $772,500 and sold in 2011 for $911,000. Before that, he owned a house in Wheaton that he bought in 1989 for $281,000 and sold two years later for $283,000.

Yawney's listing agent, Dympna Fay-Hart of Century 21 McMullen, declined to comment on the listing.

Oprah company sells West Side store

Oprah Winfrey's Chicago real estate foibles continue.

Almost two years ago, the talk show queen signed off on her popular, Chicago-based national chatfest. Soon afterward, she closed her flagship Oprah Store, at 1017 W. Washington St., across from her Harpo Studios.

Now, a company controlled by Winfrey has taken a major hit on the sale of that vacant store location. It sold last month for $875,000 — or more than $1 million less than the combined $1.98 million her company had paid for the space in three transactions in 2006 and 2007.

This isn't the biggest loss that Winfrey has taken on Chicago real estate. In July, she sold her eight-room, 4,607-square-foot Streeterville neighborhood co-op unit, which she had never moved into, for $2.75 million, nearly $3 million less than the $5.6 million she paid for the unit in 2006.

Winfrey's Oprah Store on the West Side opened to much fanfare in early 2008, hawking logo wear and selling items from "Oprah's Closet," such as clothing and shoes, for charity. Kiosks later opened at Water Tower Place and at Chicago's airports.

Public records show that Winfrey's Studio Merchandise Inc. assembled the store's footprint in the Acorn Lofts building at 1017 W. Washington by buying three ground-level commercial condo units, three parking spaces in the building and two underground storage units. The 5,500-square-foot store used the address 37 N. Carpenter.

The company first paid $780,000 in 2006 for one commercial condo unit and two parking spaces. Then, her firm forked over $600,000 in 2007 for a commercial condo unit and a third parking space. Later that year, her company paid another $600,000 for a third commercial condo unit and a second underground storage unit.

Helping to represent Winfrey's company in the sale was lawyer Daniel Acosta of the Chicago law firm Boodell & Domanskis. In a recent release, Boodell & Domanskis said the buyers plan to open a meditation center in the former Oprah store space. On Monday, Acosta confirmed Winfrey's sale of the space.

Nicole Nichols, a Los Angeles-based spokeswoman for Winfrey, also confirmed the sale.

Copyright © 2014, Los Angeles Times
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