Bill Gates and his ex-wife Melinda have sold their $1.5 million Chicago home for $50,000 below the asking price.

Via Facebook / @Melinda French Gates

Bill and Melinda Gates have moved on in life and from some real estate properties as well. Microsoft founder Bill Gates and his former wife, Melinda, owned more than a few homes like the ultra-luxurious $150 million lakefront mansion in Washington nicknamed Xanadu 2.0, plus a five-bedroom house they owned in Hyde Park for $1.5 million. They have sold the latter for $50,000 below their asking price. The plush Hyde Park home was purchased in 2018 for the couple’s son; a more-than-comfortable accommodation for 22-year-old Rory Gates, who graduated from the University of Chicago in June with a bachelor’s degree.

Via – Sothebys

The Kirkland, Washington-based Union Street Trust, an entity tied to the Gates family, paid for the gorgeous house. Who owned it after the divorce is unknown, but what is made public about this archaic 1902 three-story house is that it comes with 4½ bathrooms, hardwood floors, and custom window treatments. This lovely abode also includes an eat-in kitchen with professional appliances, white Shaker cabinetry with glass transoms, a subway tile backsplash, an island with bar seating, and a large breakfast area with doors leading outside to a deck, per Chicago Tribune.

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Via – Facebook / Melinda Gates

The dated yet attractive property features a second-floor primary bedroom suite with a private balcony and a finished basement with a large family room. Listing agent Jason O’Beirne secreted the identities of his sellers but told Elite Street that his clients had received multiple offers for the home and “did well.”

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.