Steel acquired the home for $2.4 million in March 2006. The 3,629-square-foot house was built in 1905. Kimberly Gleeson from Koenig & Strey GMAC Real Estate is the listing agent of the property.
Steel is the owner of K.A. Steel Chemicals, a distributor of caustic soda in the United States and the largest manufacturer of bleach in the Midwest.
There were 610 sales in Gold Coast in 2008, with a median price of $375,000.
Address: 73 East Cedar Street
Buyer(s): Kenneth A Steel Jr
Seller(s): Richard M Steel
Sale date: Mar. 7, 2006