December 11, 2006

Oprah Winfrey’s Real Estate Empire

While Oprah Winfrey’s recent purchase of a nearly $6 million co-op unit in Streeterville has attracted media attention, the talk-show queen also has paid $780,000 for a two-level condominium unit in a loft building that is closer to her studios.

In fact, the Near West Side condo that Winfrey bought is less than a block from Oprah’s studios, in the seven-story Acorn Loftominiums building.

Winfrey purchased the unit, which had been listed for $800,000, through her Studio Merchandise Inc. corporation, which was formed in 1993 and of which she serves as president.

However, unlike the co-op unit on East Lake Shore Drive, which Winfrey is expected to move into–thereby vacating her longtime duplex in Water Tower Place–the Acorn building unit is not expected to be Oprah’s residence.

A spokeswoman for Winfrey confirmed the unit’s purchase but declined to comment on its use.

The new unit is another addition to Winfrey’s massive real-estate empire. Along with this new loft unit, her Water Tower Place duplex and the Lake Shore Drive co-op unit,

Oprah’s other properties are:

- The 42.77-acre “Promised Land” estate in Montecito, Calif., that she bought in 2001 for $50 million and expanded in 2004 by buying an adjacent 1-acre property.
- More than $13 million worth of oceanfront property in Maui.
- A Fisher Island, Fla., condo unit that she purchased in 1996 for $660,000.
- A 10,433-square-foot house on 4.02 acres in Greenwich, Conn., that she bought in 2000 for $3.6 million.
- A house in Merrillville, Ind.
- A lakefront condominium in Milwaukee that she purchased in 2003 for $448,900.
- Two adjoining condo units in Atlanta that she bought in 2003 for $1.515 million.
- A condo in suburban Atlanta that she purchased in 2005 for $825,000.
- A Nashville condo that she bought in 2002 for $191,500.
- A 7,020-square-foot house and an adjacent lot in Franklin, Tenn., that she purchased in 2001 and 2002 for nearly $1.52 million that her father occupies.
- A 2,255-square-foot, single-family house in near west suburban Elmwood Park that she bought in 2001 for $298,000

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Filed under Hollywood Stars by Bob Goldsborough

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[...] However, she has been a property owner in various cities across the country. In fact, according to Big Time Listings, Winfrey’s various homes over the years have [...]

[...] However, she has been a property owner in various cities across the country. In fact, according to Big Time Listings, Winfrey’s various homes over the years have [...]

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