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

Permalink Print Comment

Filed under Celebrity Homes, Chicago, Hollywood Stars by Bob Goldsborough

Comments on Oprah Winfrey’s Real Estate Empire »

June 27, 2007

OrkaRules @ 9:09 pm

Oprah’s sprawling $50M Montecito estate is located at 1633 E. Valley Road.

The talk-show host’s Franklin, TN property is located at 1413 Willowbrooke Circle and the empty lot at 1411 Willowbrooke Circle. Also, from 1999 to 2004 she owned property at 900/902 Shenandoah Drive in Brentwood, TN.

Oprah sold “The Farm” in LaPorte County, IN at the end of 2004. The property was located at 9252 N C.R. 600 E, north of Rolling Prairie, IN.

November 27, 2007

PAIGE @ 1:16 am

Does Oprah own a house near Tampa Bay in Florida?

OrkaRules @ 7:08 pm

Not that I know of. Although this blog post is almost a year old now, I believe it still pretty much accurately reflects Orka Whalefry’s real estate porfolio, give or take a couple that she may be hiding. Never heard of anything in Tampa, though, only the Miami (Fisher Island) condo.

January 31, 2008

L. Spreitzer @ 3:27 pm

Where can I find apology from Opra for community of Minooka, Illinois?

[...] Winfrey’s property empire is vast – probably more vast than we have time to share today. However, see our December 11, 2006 post here for a past discussion of much of her real estate holdings. To that list one can obviously add the Douglasville property as well. And, one can subtract the Peachtree Road unit. Filed under Celebrity Homes, Hollywood Stars by Bob Goldsborough [...]

February 19, 2008
(Pingback)

Celebrity Real Estate Investors | AllPropertyManagement.com @ 3:07 am

[...] to join Forbes’ list of the World’s Richest People, has put some of her money into real estate, [...]

[...] December 2006, we wrote what at that time was the most comprehensive list of all of Oprah’s properties. There have been a number of changes since, and we’ve discussed some of them, including on [...]

Leave a Comment

Spread the Word!