Market Watch: Jennifer Pritzker loses over $101,000 on sale of former Evanston B&B
The home: 1629 Judson Ave., Evanston
Built in 1889, the 4,017-square-foot Victorian home has 5 bedrooms, 5 baths, a butler's pantry, a double-oven, hot water/steam heat, plantation shutters and hardwoods. The home is one of two Evanston bed-and- breakfasts owned by billionaire real estate investor Jennifer Pritzker.
The seller: Bropri LLC
Pritzker owns Bropri. She is the cousin of Gov. J.B. Pritzker. Jennifer and J.B. are 2 of 11 billionaires in the Pritzker family, according to Forbes magazine.
Pritzker owns Bropri. She is the cousin of Gov. J.B. Pritzker. Jennifer and J.B. are 2 of 11 billionaires in the Pritzker family, according to Forbes magazine.
Jennifer Pritzker is also the CEO of her own wealth management company, Tawani Enterprises; and is a former lieutenant colonel in the U.S. Army/
She is the world's first openly transgender billionaire and is worth an estimated $1.9 billion, according to Forbes.
The purchase: In March 2012, Pritzker's company paid $1.2 million for the home, or roughly $1.31 million in today's dollars, according to the U.S. Bureau of Labor Statistics.
The sale: According to Zillow, the home sold for a little over $1.21 million on March 13, or approximately $101,760 less than the original purchase price, in today's dollars.
It was originally listed for sale in December 2018, priced at $1.29 million.
The property taxes: Based on data compiled from Blockshopper.com and Zillow, Pritzker's company paid $117,956 in property taxes between 2013 and 2017, or roughly 10 percent of the sale price.
Illinois' highest-in-the-nation property taxes are eroding home equity and depressing home values across the state. This report is part of a SYHN News Service series on recent home sales that demonstrate the consequences.
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The Financial Facts in Today’s Dollars
| Seller's Purchase Price | Amount Home Sold for in 2019 | Seller’s Property Taxes |
| $1,200,000 | $1,215,000 | $117,956 |
