The Ernest Hemingway Foundation of Oak Park listed the author's boyhood home for $525,000.
The boyhood home of author and journalist Ernest Hemingway is officially
The Ernest Hemingway Foundation of Oak Park closed the $525,000 sale Tuesday to Kurt and Mary Jane Neumann, current Oak Park residents, according to the Chicago Tribune
The couple told the publication they plan to restore the building to its original single-family home style. The building currently is divided into three apartments.
The residence at 600 N. Kenilworth Ave. was purchased from a private owner in 2001 and has been owned by the foundation until the Neumanns closed on the home Tuesday.
In 2009 the foundation and Dominican University in River Forest created a plan to turn the home into a cultural center, but the home was subsequently put back on the market for $525,000 in February.
According to the Tribune, the foundation received many offers for the home, but the Neumann’s had the best plan.
The foundation plans to retire a $420,000 loan borrowed to buy the house in 2001 with proceeds from the sale. The remaining cash will help support educational and cultural programs.
The couple told the Tribune they plan to raise their two young sons and continue to work with the foundation to make the home available to visitors in the future.
Published at 11:24 AM CDT on Jun 13, 2012