Sold: Obamas Next Door Neighbors Close the Deal

The house at 5040 Greenwood, the home next to the Obamas, sold for $1.4 million today.

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Sarah Glover
It's on: the home at 5040 Greenwood, the home next to the Obamas sold Tuesday for $1.4 million, realtor says.Owners Bill and Jacky Grimshaw listed the home last year. The home is the direct northern neighbor to President Obama's home, visible to the left.
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Wayne Cable
President Obama's home is visible to the left.
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Wayne Cable
The 6000sf structure and adjacent coach house sit on over three standard Chicago lots for a total land parcel size of over 12,000 square feet, according to realtors.
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Wayne Cable
The home, built in 1906, boasts 17 rooms.
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Wayne Cable
A 4,000 square foot addition can be added onto the existing structure in the rear of the main house, say realtors.
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Wayne Cable
The current residents, Bill and Jacky Grimshaw, have lived in the home since 1973.
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Wayne Cable
Bill, a former professor at University of Chicago, and Jacky, a CTA board member and formerly part of Harold Washington's administration, say it's simply time for them to move on. According to sources, the couple once babysat the Obamas' daughters.
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Wayne Cable
Jacky Grimshaw is Vice President of the Center for Neighborhood Technology, a Chicago based Environmental group, and vice chair of the Congress for the New Urbanism, which is focused on reviving traditional urban neighborhoods and transit.
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Wayne Cable
Homes in the Obamas' neighborhood typically sell for about $1.5 to $2.5 million, according to a person familiar with the Grimshaw's sale.
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