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Oprah Winfrey Lists Chicago Apartment At Half Price: Take A Peek Inside!

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May 23 2012, Published 12:00 p.m. ET

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By Debbie Emery - Reporter

Along with slumping ratings, a crumbling media empire and the recent firing of 30 employees at OWN, former daytime TV queen Oprah Winfrey is now set to lose millions on the sale of her Chicago apartment.

As reported last November, Oprah was looking for a lodger for the $5.6 million palatial pad in a historic 1913 Beaux-Arts building in Chicago's Gold Coast neighborhood, but now she has put it on the market for a highly-discounted price of $2.8 million, according to realtor Prudential Rubloff Properties.

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Winfrey bought the sixth floor property, which boasts stunning views of Lake Michigan, in 2006 and it was reported that the billionaire never actually moved in because she was scared of nosy neighbors.

Since the Oprah Winfrey Show went off the air, it's famous host has been spending the majority of her time in her Montecito, Calif. estate, which is closer to the OWN network base in Los Angeles.

While she doesn’t have to worry about being out on the streets any time soon, the real estate debacle is yet another blow for the TV host in what is turning out to be a terrible year for the woman who used to rule the airwaves.

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"The idea of creating a network was something that I wanted to do. Had I known that it was this difficult, I might have done something else," Winfrey admitted last month.


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