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.
Wayne Cable
President Obama's home is visible to the left.
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.
Wayne Cable
The home, built in 1906, boasts 17 rooms.
Wayne Cable
A 4,000 square foot addition can be added onto the existing structure in the rear of the main house, say realtors.
Wayne Cable
The current residents, Bill and Jacky Grimshaw, have lived in the home since 1973.
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.
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.
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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