TopTenRealEstateDeals Hot Home Sale News: Chicago Legends Al Capone & Montgomery Ward
TopTenRealEstateDeals.com is a different kind of real estate website that focuses on both home sale news and entertainment. They cover home and condo sales data and trends, but also celebrity homes, beach homes, ski homes, golf homes, spectacular homes and a weekly Top 10 Hot Homes list. Their features have been covered by Time, CNBC, USA Today and many other major media.
Pompano Beach, FL, August 04, 2013 --(PR.com)-- This week's Top 10 homes spotlight at TopTenRealEstateDeals.com includes a look at two homes for sale, both with connections to Chicago's colorful history.
In the late 1800s, Chicago's Aaron Montgomery Ward was one of the most successful retailers in the world. The man who pioneered the mail order sales business. The Montgomery Ward stores' former Chicago headquarters is now a fabulous penthouse for sale asking $4.75 million.
Al Capone was also a Chicago guy, well known for what he did best – crime. Al's Miami vacation home, where he supervised the St. Valentine's Day massacre in 1929 and died in 1947, sold after a long time on the market for $7.43 million.
The Montgomery Ward Penthouse For Sale
As a traveling salesman in 1872, Aaron Montgomery Ward realized that rural dwellers were severely limited in access to goods and were dependent on the minimal stock their local country store could provide. He saw the need and with dogged determination set about to connect those in rural areas with the same buying opportunities available to city residents. It was an uphill road, but from Ward’s vision, the Montgomery Ward Catalog Company was born.
Mr. Ward was a trailblazer. He did the work, turned the idea into a huge success and others followed to take a ride on his coattails. Chicago's Sears Roebuck Company became his major competitor in the catalog business until Montgomery Ward branched out into retail stores and gained more competitors such as JC Penney, Macy's, Gimbels, and Dillard's. After Ward’s death and WWII, the retailer’s competitors began opening retail outlets to fill the needs of the new suburban developments, but Montgomery Ward confined itself to the inner city. It was the beginning of a painful death through catastrophic business decisions finally resulting in bankruptcy, termination of the employee pension plan and ultimately to its total liquidation in May 2001.
A standing memorial to the former retail king is the headquarters building that it occupied across from what is now Chicago’s Millennium Park. When first constructed in 1908, the pinnacle sported a ten-story section topped with a three-story pyramid and a temple. On the very top was a weather vane in the form of a woman. It acted as a beacon that would more easily guide the farmers to the building to buy tools and farm equipment.
Recently the penthouse, the former public observatory, has appeared on the market. With some of the best views in Chicago, the 6,400 square foot condo has four bedrooms and 5 baths. There are two allocated parking spaces and building services include a door person, exercise room, party room, sauna and steam room.
Al Capone’s $7.4 Million Home Sold
There’s no denying that if Mafia kingpins could be called rock stars, Al Capone would have been right up there on the 1920’s celebrity list. Over 65 years after his death, Capone is still first in the minds of most Americans as the all-time king of organized crime. His peers tried to emulate him and had dreams of attaining equal notoriety, but no one ever came close.
In the 1920s, Al's main business was bootlegging alcohol during Prohibition. Capone owned breweries, warehouses, fleets of boats and trucks, private businesses counting in the hundreds, gambling venues such as horse and dog tracks and more, including his beautiful Miami Beach Palm Island vacation estate.
Al's Miami home, which he purchased in 1928, was recently sold after being on the market for several years. The .7 acre compound consists of the 6,103 square foot, seven bedroom, seven bath main house, a two bedroom guest house and a two-story pool house built by Capone where he housed his security guards on the upper level. The main house recently underwent a $4 million renovation and the new owner received plans and permits in place for further expansion as part of the sale. Listed at $9.5 million - sold for $7.43 million.
TopTenRealEstateDeals.com publishes today's most fascinating United States homes for sale information. In addition to Al Capone and Montgomery Ward, the website recently featured Sheryl Crow's Tennessee solar horse farm reduced from $7.5 million to $5.8 million, America's 1960's sweetheart Connie Stevens California home asking $17.9 million, and Gianni Versace's famous Miami Beach mansion that was $125 million going to auction on September 17.
TopTenRealEstateDeals.com's weekly top 10 celebrity and famous home lists are available to media outlets for publication.
In the late 1800s, Chicago's Aaron Montgomery Ward was one of the most successful retailers in the world. The man who pioneered the mail order sales business. The Montgomery Ward stores' former Chicago headquarters is now a fabulous penthouse for sale asking $4.75 million.
Al Capone was also a Chicago guy, well known for what he did best – crime. Al's Miami vacation home, where he supervised the St. Valentine's Day massacre in 1929 and died in 1947, sold after a long time on the market for $7.43 million.
The Montgomery Ward Penthouse For Sale
As a traveling salesman in 1872, Aaron Montgomery Ward realized that rural dwellers were severely limited in access to goods and were dependent on the minimal stock their local country store could provide. He saw the need and with dogged determination set about to connect those in rural areas with the same buying opportunities available to city residents. It was an uphill road, but from Ward’s vision, the Montgomery Ward Catalog Company was born.
Mr. Ward was a trailblazer. He did the work, turned the idea into a huge success and others followed to take a ride on his coattails. Chicago's Sears Roebuck Company became his major competitor in the catalog business until Montgomery Ward branched out into retail stores and gained more competitors such as JC Penney, Macy's, Gimbels, and Dillard's. After Ward’s death and WWII, the retailer’s competitors began opening retail outlets to fill the needs of the new suburban developments, but Montgomery Ward confined itself to the inner city. It was the beginning of a painful death through catastrophic business decisions finally resulting in bankruptcy, termination of the employee pension plan and ultimately to its total liquidation in May 2001.
A standing memorial to the former retail king is the headquarters building that it occupied across from what is now Chicago’s Millennium Park. When first constructed in 1908, the pinnacle sported a ten-story section topped with a three-story pyramid and a temple. On the very top was a weather vane in the form of a woman. It acted as a beacon that would more easily guide the farmers to the building to buy tools and farm equipment.
Recently the penthouse, the former public observatory, has appeared on the market. With some of the best views in Chicago, the 6,400 square foot condo has four bedrooms and 5 baths. There are two allocated parking spaces and building services include a door person, exercise room, party room, sauna and steam room.
Al Capone’s $7.4 Million Home Sold
There’s no denying that if Mafia kingpins could be called rock stars, Al Capone would have been right up there on the 1920’s celebrity list. Over 65 years after his death, Capone is still first in the minds of most Americans as the all-time king of organized crime. His peers tried to emulate him and had dreams of attaining equal notoriety, but no one ever came close.
In the 1920s, Al's main business was bootlegging alcohol during Prohibition. Capone owned breweries, warehouses, fleets of boats and trucks, private businesses counting in the hundreds, gambling venues such as horse and dog tracks and more, including his beautiful Miami Beach Palm Island vacation estate.
Al's Miami home, which he purchased in 1928, was recently sold after being on the market for several years. The .7 acre compound consists of the 6,103 square foot, seven bedroom, seven bath main house, a two bedroom guest house and a two-story pool house built by Capone where he housed his security guards on the upper level. The main house recently underwent a $4 million renovation and the new owner received plans and permits in place for further expansion as part of the sale. Listed at $9.5 million - sold for $7.43 million.
TopTenRealEstateDeals.com publishes today's most fascinating United States homes for sale information. In addition to Al Capone and Montgomery Ward, the website recently featured Sheryl Crow's Tennessee solar horse farm reduced from $7.5 million to $5.8 million, America's 1960's sweetheart Connie Stevens California home asking $17.9 million, and Gianni Versace's famous Miami Beach mansion that was $125 million going to auction on September 17.
TopTenRealEstateDeals.com's weekly top 10 celebrity and famous home lists are available to media outlets for publication.
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TopTenRealEstateDeals.com
Robert Walsh
954-283-9214
http://www.toptenrealestatedeals.com/
Robert Walsh
954-283-9214
http://www.toptenrealestatedeals.com/
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