loader image

Cubs exec Hoyer buys Ravenswood mansion

Jed Hoyer and 4431 North Hermitage Avenue (Credit: Compass)

Jed Hoyer and 4431 North Hermitage Avenue (Credit: Compass)

Chicago Cubs front-office executive Jed Hoyer traded up on the North Side, picking up a 7,500-square-foot Ravenswood mansion after listing his relatively smaller Lincoln Park home.

Hoyer, executive vice president and general manager of the team, and his wife, Merrill, bought the six-bedroom home at 4431 North Hermitage Avenue last month for $3.1 million, according to the Chicago Tribune.

The Hoyers financed the purchase with a nearly $2.5 million loan from Wintrust Mortgage, according to Cook County property records.

The sellers were Tyler and Victoria Ginn, who bought the home for $2.9 million in 2012, according to county records. Tyler Ginn is a managing director at Mizuho Securities in Chicago, according to LinkedIn.

The Hoyers last month listed their 5,300-square-foot home at 2436 North Orchard Street in Lincoln Park for $2.5 million, and the Tribune reported it’s now under contract.

Jeff Lowe of Compass represented both the Hoyers and the Ginns. [Chicago Tribune]John O’Brien

Recommend0 recommendationsPublished in Real Estate

Share this story with your network.

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

Responses

Recent Stories

Del Marie: locked down, but not out

The rapper-dancer-performance poet rolls with the pandemic punches. 2020 started off so well. January and February were great months for 27-year-old rapper, dancer, and performance

Read More »

Speak with a local expert now.

Learn more about this recent happening by speaking with an agent.

X