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Gold Coast condo once owned by actor John Cusack listed for $1M

by Edinburg Post Report
January 9, 2023
in Business • Finance
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A 57th-floor Gold Coast condominium that actor and Evanston native John Cusack owned from 1996 until 2006 is on the market for just under $1.1 million.

Despite his Hollywood stardom, Cusack always has kept a place in Chicago. In the early 1990s, he owned a Lake Shore Drive condominium in Streeterville that later was owned by “Windy City Live” co-host Ryan Chiaverini. Then, in 1996, he paid $453,500 for the 57th-floor Gold Coast condominium in the Elysees Condominiums building, which he turned around and sold in 2006 for $885,000. Cusack now owns a 45th-floor condo in a Near North Side tower that he bought through a trust in 2005 for $2.87 million.

The family to whom Cusack sold his onetime 57th-floor aerie in the Elysees bought the unit next door late in 2006 for $445,000, and the two units have been combined as a package deal ever since. The current owners of the combined 57th-floor unit, which has three bedrooms and measures 2,600 square feet, paid $1.06 million for it in 2013.

In recent years, the combined unit’s current owners have rented it out. Now, they are trying to sell the unit. They first listed it in 2021 for $1.18 million before taking it off the market. They relisted it in June for $1.14 million and in October cut their asking price to $1.09 million.

The unit, which is on the top floor of the Elysees building, also is available for rent for $7,500, said listing agent Shannon Kelly of Compass, who is co-listing the condo with Melanie Giglio.

“It’s in the building’s southeast corner, which is the most desirable corner, and it is on the top floor,” Kelly told Elite Street. “The views are spectacular — to the north, east and south, and some to the west, too. So you can see sunsets from the bedrooms.”

The condo has three bathrooms, a remodeled primary bedroom suite with a sitting room and a wet bar with a beverage cooler, and a primary bathroom with an oversize shower, a double sink vanity and designer tiling. The unit’s kitchen has stone and stainless steel countertops, an island with breakfast bar seating, a Sub-Zero refrigerator and a Bosch dishwasher.

The combined unit had a $21,548 property tax bill in 2021.

Bob Goldsborough is a freelance reporter.

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