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Home Business • Finance

Former Chicago Bears coach Mike Ditka sells Streeterville condo

by Edinburg Post Report
November 8, 2023
in Business • Finance
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Chicago Bears Hall of Famer Mike Ditka and his wife, Diana, on Nov. 7 sold their longtime two-bedroom, 1,904-square-foot condominium on the 39th floor of a Streeterville high-rise for $575,000.

Known as “Iron Mike,” Ditka, 84, was a six-time All-Pro tight end for the Bears, and later was the team’s head coach from 1982 until 1992, during which he led the Bears to their only Super Bowl victory in 1986. Ditka maintained a presence in the Chicago area even after his time as the Bears’ head coach came to an end, as he kept a 5,121-square-foot house in Bannockburn until selling it in 1997.

Also in 1997, Ditka lent his name to a Magnificent Mile steakhouse — the first of several that eventually would open — in which he was an investor. After Ditka’s second and final head coaching stint, with the New Orleans Saints, concluded in early 2000, he and his wife paid $700,000 several months later for their Streeterville condo.

Located in the Olympia Centre building, the corner-unit condo has two bathrooms, a grand foyer, hardwood floors, a kitchen with stainless steel appliances and granite countertops and a primary bedroom suite with two walk-in closets and plenty of built-ins. The unit also has access to the building’s common rooftop deck on the 64th floor.

Ditka and his wife got a “good price” for the condo, listing agent Emily Sachs Wong of @properties told Elite Street. And the couple received “multiple offers” for the unit, she added.

Wong previously told Elite Street that the couple listed the condo because they no longer live in the city. Indeed, records show they continue to own and live in a 4,294-square-foot house in Naples, Fla. that they built in 2002.

The Ditkas first listed the condo on Oct. 13 for $599,900, and it went under contract to sell just 10 days later.

The condo had a $14,613 property tax bill in the 2022 tax year.

Public records do not yet identify the buyers.

Goldsborough is a freelance reporter.

Join our Chicago Dream Homes Facebook group for more luxury listings and real estate news.

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