Jul
12

Musician Hoping to Drum Up a Home Sale

July 12, 2011

Jimmy Chamberlin has a lot in common with Billy Corgan.

They both were part of the musical groups The Smashing Pumpkins and Zwan, and they are both selling their Chicago-area homes.

The difference is that Chamberlin hasn’t had to smash his selling price yet.

The drummer, who is now in the band Skysaw, has listed his Riverwoods mansion for $1.649 million.

The more than 10,000-square-foot stone and brick manor is situated on 1.77 acres at 605 Sherry Lane in the affluent North Shore suburb.

Built in 2006, the two-story home includes five en-suite bedrooms and six-and-a-half baths, including the luxurious master suite, which offers a sitting area and private balcony in the bedroom, and a whirlpool bath, marble steam room, bidet and radiant-heat flooring in the bathroom.

Chamberlin paid $1.6 million in 2008 for the 15-room home, which boasts a gourmet kitchen with top-of-the-line appliances, a first-floor playroom, an office and a den, two limestone fireplaces and Brazilian cherry wood floors throughout, as well as a lower level with 11-foot ceilings, an exercise room, a wine cellar, a spa with a sauna and a theater.

There is an attached, four-car garage, an unfinished attic with pull-down stairs and a whole-house back-up generator that would have come in handy this week after storms knocked out power to 868,000 metro Chicago residents.

Chamberlin’s 2009 tax bill on the Riverwoods home was $33,262.

Jimmy Chamberlin, 47, a Joliet-native, is known as the “one of the most powerful drummers in rock” and was No. 5 on Gigwise.com’s Greatest Drummers of All Time list in 2008.

He was part of the Smashing Pumpkins with Billy Corgan for two different spans of time from 1988 to 2009. Chamberlin and Corgan were also in the group Zwan together from 2001 to 2003.

Corgan, 44, an Elk Grove native, has been trying to sell his vintage Chicago real estate for years.

He bought his Gold Coast condo, 1500 N. Astor Place, for $2.95 million in 2002.

He then listed the 3,700-square-foot unit in the historic Patterson-McCormick Mansion for $5.5 million in 2008 before dropping it to $4.35 million, then $3.875 million, then $3.55 million and now to $2.85 million.

Wonder whose pad will sell first.

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Tracey

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