The residences of U.S. presidents

From Nixon to Obama: their homes before, after the White House

By SUSAN GALLEYMORE

Forty-three men have served a total of 56 terms in the Oval Office. With Presidents Day around the corner — on Monday, Feb. 20 this year — and an election ahead, let’s take a look at what this nation’s top commanders in chief over the past 40 years have called home.

President Barack Obama

The Obamas purchased a 6,199-square-foot, two-story single-family home at 5046 S. Greenwood Ave., in Chicago’s Kenwood neighborhood, in June 2005 for $1.65 million — $300,000 less than the asking price.


President Obama’s Chicago home, at 5046 S. Greenwood Ave., in February 2008. Photo courtesy of Rachel Freundt. Copyright 2012.

At about the same time, businessman and Obama campaign supporter Antoin "Tony" Rezko and his wife, Rita, purchased a vacant lot adjoining Obama’s property for $625,000, the full price. Obama purchased a portion of that lot six months later from Rezko for $104,500.

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(After a federal investigation culminated in Rezko’s conviction for corruption, Obama explained to the Chicago Sun Times, "I regret that while I tried to pay close attention to the specific requirements of ethical conduct, I misgauged the appearance presented by my purchase of the additional land from Mr. Rezko.")

The Obamas’ Greenwood Avenue home is currently estimated to be worth approximately $1.19 million.

NEXT: George Walker Bush

…CONTINUED


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