S4 Capital principal pays $677K on Seminary

Chad Erwin bought a three-bedroom, three bath at 2229 N. Seminary on Aug. 23 for $677,500 from Debra Foley.

In Sept. 2004 Debra and Stewart Foley paid $665,000 for Unit #1. The sale was listed at $752,000 and sold after 199 days.

Erwin is a principal at S4 Capital, a Chicago-based investment advisor to ultra-wealthy families. He previously worked as VP and CFO of government investment bank Academic Capital Group, Inc. and as a financial auditor with Ernst & Young, LLP. The CFA and CPA has a M.A. from the University of Chicago Graduate School of Business and a B.A. from University of Iowa.

Mr. Foley is a senior portfolio manger at Chicago-based Asset Allocation & Management Company, LLC, an investment advisor to insurance companies. He previously worked as director of investments with Missouri Employers Mutual. The University of Missouri graduate has an M.B.A. from the University of Chicago.

Constructed in 1910, the building at 2229 N. Seminary has three condo units.

Address: 2229 North Seminary Avenue
Buyer(s): Chad R Erwin
Seller(s): Debra Foley (Trustee), Debra Foley (Trust) and Foley Debra (Trust)
Sale date: Aug. 23, 2006

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