Be Obama’s Neighbor – Home Next Door For Sale in Kenwood

October 27, 2009

5040SgreenwoodavenueKenwood is a neighborhood on Chicago’s southside known for it’s blocks upon blocks of late 19th century mansions, close proximity to the prestigious University of Chicago and home of President Barack Obama. As the president and his family relocated to Washington DC in a little place called the White House, his next door neighbors have listed their home at 5040 S. Greenwood Avenue a 17-room brick house, which needs substantial renovation for a mere $1.85 million.

President Obama’s neighbors house was owned by the same family for over three decades and they’ve apparently had trouble trying to figure out what the value is when living next to a sitting president’s home away from the White House.  Homes typically in this historic district range in the mid $2 million range that need little to no remodeling work done so this is quite the find for a potential house hunter looking for something extremely unique.

Kenwood is largely unknown to many Chicagoans but it has seen a recent resurgence in exposure obviously due to a now world famous resident.  Kenwood was once one of the most elite neighborhoods in all of Chicago and some of it’s more famous former and current residents include: Muhammad Ali, Bill Ayers, Carol Moseley Braun, Louis Farrakhan, Robert Gomer, Edward Levi, Elijah Muhammad, Julius Rosenwald, Bill Veeck & Leopold and Loeb.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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