Daley sells Prairie Avenue townhouse to daughter
BY DAVID ROEDER Business Reporterfirstname.lastname@example.org October 16, 2012 4:31PM
Sean Conroy and Nora Daley Conroy at Steppenwolf Gala on May 3, 2008. Handout photo.
Updated: November 18, 2012 7:00AM
Former Mayor Richard Daley has sold his longtime Near South Side town house to his daughter and her husband.
Property records show Daley sold the 3,040-square-foot home in the 1400 block of South Prairie for $750,000 on Sept. 13. The buyers were daughter Nora and her husband, Sean Conroy, vice president at Grosvenor Capital Management.
Records further show that Daley’s family trust provided a mortgage of $739,557 to the buyers.
The former mayor and his late wife, Maggie, bought the four-level unit in 1993 for $410,000 from MCL Cos., the developer of the project in the Central Station complex.
The relocation marked Daley’s departure from the Bridgeport area, his family’s political base.
Daley’s longtime spokeswoman, Jacquelyn Heard, could not be reached for comment. Daley is an attorney at the firm Katten Muchin Rosenman LLP, where Heard also works.
The Daleys moved out of the Prairie Avenue town house last year and into a rented condo at 900 N. Michigan, a building that also contains the offices of Tur Partners, an investment firm.
Daley runs Tur with his son, Patrick, and former chief of staff, Lori Healey.
Maggie Daley died of cancer last November. The former mayor reportedly has moved out of the rented condo at 900 N. Michigan.