Former Tribune chairman buys Gold Coast 3BD condo for $2.625M

Medium b591adc2ca9fad46639a5d8637eea951 Dennis J. FitzSimons and wife, Ann, bought a three-bed, 2.5 bath condo at 800 North Michigan Avenue in the Gold Coast from Edward C. Mattox and Mary Mattox for $2.625 million on May 24.

Mr. and Mrs. Matox bought Unit# 2501 for $2,646,500 in Feb. 2006. The 3,228-square-foot unit is in the Park Tower, a luxury condo tower on top of the Park Hyatt Hotel just off of Chicago's Magnificent Mile.

Mr. Fitzsimons is the chairman of the Robert R. McCormick Foundation and the former head of Tribune Co., the company that owned the Chicago Tribune.

He resigned from that post at the end of 2007 when the company was sold to Sam Zell for $8.2 billion.

He first joined the Tribune Co. as a sales manager with WGN-TV. He was appointed executive vice president in 2000. He was named CEO in 2003 and chairman a year later.

He earned his bachelor's degree from Fordham University.

According to BlockShopper.com, there have been 662 condo sales in Gold Coast during the past 12 months, with a median sales price of $350,000.

Address: 800 North Michigan Avenue
Buyer(s): Ann M Fitzsimons, Dennis J Fitzsimons (Trustee), Dennis J Fitzsimons (Trust) and J Fitzsimons Dennis (Trust)
Seller(s): Edward C Mattox and Mary Mattox
Sale date: May. 24, 2010

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