The Real Deal Chicago

Loyola’s Moser buys Cubs owner Ricketts’ North Shore home

Ricketts and his family are moving to a much pricier Robert A. M. Stern mansion on the lakefront
June 29, 2018 05:00PM

Tom Ricketts, Porter Moser and the house (Credit: Getty Images, Loyola University)

Loyola University men’s basketball coach Porter Moser, fresh off a Final Four appearance, bought Chicago Cubs owner Tom Ricketts’ Wilmette home for $2.5 million.

Ricketts and his wife, Cecelia, are moving their family into a mansion on a lakefront lot they bought for $7 million, according to the Chicago Tribune.

They spent nearly $11 million building the new home, also in Wilmette, which noted architect Robert A. M. Stern designed.

Moser and his wife, Megan, are selling their 3,670-square-foot house in Wilmette as a pocket listing for $1.55 million. The new home is an eight-bedroom, 5,438-square-foot vintage Colonial Revival style mansion.

Paul Gorney of Coldwell Banker represented both the Rickettses and the Mosers in the deal.

Ricketts led his family’s bid to buy the Cubs in 2009 and hired the leadership team that built the World Series-winning 2016 team.

Ricketts agreed in May to become majority owner of the United Soccer League expansion team that developer Sterling Bay bought in November. Sterling Bay will retain an ownership stake in the team itself and will develop and own the squad’s 20,000-seat stadium that it is building in the Lincoln Yards development.

Moser in March took the Loyola men’s team to its first Final Four appearance since 1963, then signed a five-year contract extension a month later. [Chicago Tribune] — John O’Brien