Groupon co-founder’s new home has 15-car garage, casino room

Brad Keywell, who went on to start Uptake Technologies and Lightbank, picked up the four-bedroom West Loop loft for $5M
By Joe Ward |
Research by Haru Coryne
April 23, 2019 03:00PM

Brad Keywel and 1140 W Monroe Street (Credit: Twitter and Zillow)

Groupon co-founder Brad Keywell shouldn’t ever have trouble finding parking near his new home in the West Loop.

Keywell recently paid $5.1 million for a 15,000-square-foot loft at 1140 West Monroe Street that includes a 15-car garage, Cook County property records show.

The home, which sold to Keywell on April 10, is a two-story residence in a former industrial building that has an “outrageous” party room with a casino, a bar, four bedrooms and a 1,000-square-foot deck with a hot tub, as well as the ground-floor finished garage, according to online listings. It was listed as the world’s seventh most expensive car garage for sale in 2014, according to Curbed.

Selling the home was hedge fund manager Francis Wisniewski, who bought the property in 2004 for $2.2 million, records show. Wisniewski listed the home in 2017 for $5.3 million, according to Mansion Global.

Keywell’s new home is next to a loft office building at 1130 West Monroe, which a venture led by Keywell picked up in early 2016 for $7.15 million, Crain’s reported at the time. The building is home to the Wndr Museum, an interactive arts space.

After leaving Groupon, Keywell founded Uptake Technologies, an artificial intelligence software company headquartered in Chicago. Keywell also founded capital venture firm Lightbank and launched the nonprofit seminar program Chicago Ideas in 2011. He could not be reached for comment Tuesday.

The $5.1 million sale is one of the priciest of the year in the Chicago market, and continues a hot streak for the area’s ultra-luxury market. The year’s biggest residential sale was an $11.3 million deal for a condo in No. 9 Walton in the Gold Coast.