List Price: $1,699,000
Sale Price: $1,425,000
The Property: The Chicago native Dwyane Wade, a member of the NBA’s Miami Heat and the gold medal–winning 2008 U.S. Olympic basketball team, has bought a four-story riverfront townhouse in Kinzie Park.

Wade, whose unusual first-name was handed down from his father (it’s pronounced Dwayne), is a five-time member of the NBA’s All-Star Team. In 2006 he led the Heat to its first-ever NBA title and was named the MVP for the championship round. He played for Richards High School in Oak Lawn and Marquette University in Milwaukee, though he entered the 2003 NBA draft instead of finishing college.

Wade and his wife and high-school sweetheart, Siohvaughn Funches, have been locked in an acrimonious divorce fight since 2007. His mother, Jolinda Wade, is a former prison inmate who now has her own ministry, the Temple of Praise, in a building (at 12900 South Halsted Street) that her son bought for her.

The Kinzie Park townhouse is part of a development of former industrial parcels across the river from the East Bank Club that also includes high-rise condos. The townhouses have private yards fronting the river along a shared promenade. Wade bought a 3,900-square-foot unit with a two-car garage and a rooftop deck.

The property was on the market for almost a year, says the seller's agent, Harold Blum, and it sat vacant for a while. “But then we furnished it and we got two offers,” says Blum, who would not reveal whether Wade’s offer was the higher of the two. Wade closed on the sale in late June, but information on the deal only surfaced recently at the Cook County Recorder of Deeds. I could not reach Wade for comment.