Smashing Pumpkins frontman, Billy Corgan has been trying to unload his Gold Coast, Chicago condo since 2008. He has relisted the residence at a reduced price a few times and even rented it out. It looks like a deal is finally set to close within the next 30 days.
The rocker bought the condo back in 2002 for $ 5.5 million. He first listed it in September 2008 asking for $4.35 million. However, Corgan had it relisted, slashing the price every time. Corgan also offered it up for rent in 2010 for a monthly charge of $10,000.
It was last relisted in June 2011 for $2.85 million. After a dry spell of luck, a little shower finally seems to have drizzled on Corgan's efforts to sell off the condo as word of an imminent sale broke out late Tuesday, reports The Chicago Tribune
The 3,700 square feet condo is a part of a mansion which was designed by star architect David Adler in 1892. The place has two bedrooms and two and a half bathrooms along with four wooden fireplaces. With high ceilings and complete walnut parquet flooring, the place has a sophisticated authenticity to it. A large terrace and a roomy balcony are some of its open features. A reception room, a library/study are its added attractions. The place also sports a deeded parking space, reports Chicago Breaking News.
Corgan shot to fame with his rock band, " Smashing Pumpkins," which he and guitarist James Iha formed in 1987. The band fired member Jimmy Chamberlin due to his drug problems but he joined the band once again in 1999, before they broke in 2000. In 2005, Corgan floated the idea of a and the "Smashing pumpkins" reunited in 2006. They toured the world until 2008.
Corgan also formed other bands like "Zwan," "Spirits in The sky", "Starchildren" and "The Marked."
More recently, in October 2012, Corgan confessed that he had tried to commit suicide several times due to his depression but his faith in God led him away from the dark thoughts, reports Contactmusic.
Corgan's belief may have worked toward his attempts to sell the house too as he is finally wrapping up the sale contract of the condo.
