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Cubs GM Jed Hoyer lists Lincoln Park home
Hoyer and his wife paid $2.1 million for the home in 2012
Chicago Cubs General Manager Jed Hoyer is seeking buyers for his Lincoln Park home, but one of the architects of the team’s World Series championship isn’t leaving town just yet.
Hoyer and his wife, Merril, this week listed their home at 2436 North Orchard Street for $2.5 million, according to the Chicago Tribune. The couple paid $2.1 million for the five-bedroom home in 2012.
The 3,300-square-foot home sits on 1½ lots and has 4½ baths, french doors and an office with built-in bookshelves. Compass’ Jeff Lowe has the listing.
But listing the family home doesn’t mean Hoyer is leaving the Cubs. Instead, the family is moving to a bigger home so their three boys have more room, Hoyer told the Tribune. Hoyer joined the Cubs in 2011 and has a contract with the team through 2021.
The Hoyers might have some trouble finding a buyer. Home sales in the area have fallen each of the last six months, and Chicago is predicted to have one of the weakest housing markets this year.
Other local sports executives have had to accept price cuts for their homes.
Bulls executive vice president John Paxson listed his North Shore home in December at $1 million but has since dropped the price to $879,000, the Tribune reported. White Sox executive vice president Kenny Williams listed his Streeterville townhome for $2.6 million but sold it for $2.3 million, about $100,000 less than he paid for it.
[Chicago Tribune] — Joe Ward