For sale! Billionaire Oprah Winfrey puts her last piece of Chicago real estate on the market for nearly $400k

By Dailymail.com Reporter

Published: 21:59 GMT, 15 November 2016 | Updated: 23:07 GMT, 15 November 2016

Oprah Winfrey has put her last piece of Chicago real estate for sale.

The 62-year-old put a 2,250 square foot Colonial-style home on the market for close to $400,000, according to the Chicago Tribune.

The billionaire TV personality, who never lived in the home, resided in Chicago during her lengthy run as the host of The Oprah Winfrey Show. The icon now resides in Montecito, California.

On the market: Oprah Winfrey put her last piece of Chicago real estate for sale

According to Forbes, Oprah has a net worth of $2.9 billion. 

Oprah's spokeswoman, Nicole Nichols, told the newspaper via email that 'Ms. Winfrey is selling the property as it's no longer needed. She did not live in the home.'

The TV host purchased the four-bedroom home for $298,000 in 2001.

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The yellow colored residence was built in 1941, has two bathrooms and two wood-burning fireplaces. 

Moving on: The billionaire, who never lived in the home, resided in Chicago when she hosted The Oprah Winfrey Show; seen on October 17 in LA at the Boo! A Madea Halloween premiere

Up for grabs: The yellow colored residence was built in 1941, has two wood-burning fireplaces

Modest: The 62-year-old put a 2,250 square foot Colonial-style home on the market for $400,000, according to the Chicago Tribune

 It is not known why she owned the brick home.

The house has a formal dining room as well as a walk-out basement, hardwood floors and is updated with recessed lighting.

The property was purchased by Oprah's Phoenix Investment Trust, reports the Chicago Tribune. 

Views: It is not known why she owned the brick home

Looks good: The TV host purchased the four-bedroom home for $298,000 in 2001

Colorful: The property was purchased by Oprah's Phoenix Investment Trust, reports the Chicago Tribune

In 2003, the ownership of the property was transferred to Overground Railroad Company - which she has used to own residential real estate -  reports the newspaper.

The modest sized home features updated bathrooms, with one featuring an elaborately tiled shower.

It also has a large blue-painted room with two levels of living space.

Keeping it simple: Oprah's property has two bathrooms, including this small one that features some storage space

Time to relax: Her property has one bathroom with a shower and a second one with a bath tub

Lovely: The modest sized home features updated bathrooms, with one featuring an elaborately tiled shower 

Home: It has has a large blue-painted room with two levels of living space

Bold: The brightly painted room features a lot of livable space as well as storage options

What a good looking home! The upstairs features a bathroom near the staircase

She has sold two other Chicago properties in the last four years.

In 2015, Oprah sold a four-unit duplex for $4.625 million and a co-op unit for $2.8 million in 2012.

She first moved to Chicago in 1983; while in Illinois, she hosted The Oprah Winfrey Show  from 1986 until 2011.

The network owner lives in a 23,000 square-feet mansion on 42-acres in Montecito, CA.

In December, she purchased the 23-acre equestrian estate next door - for $28.9 million, reports ET Online.

The TV personality also owns properties in Hawaii, Santa Barbara and Indiana.

Colorful: Also upstairs is a red painted room - across from the large two-level living space

Another angle: The residence has plenty of natural light as well as hardwood floors

What a relaxing place: The bedroom has high ceilings and a fan - perfect for a warm evening

Keeping organized: It also has many storage options, including closets with shelving

Formal: The living space has crown molding and two-tone painted walls

 

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