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Last of Kimmel properties go on sale 24-Oct-08 – The last three condominium units owned by Gary Kimmel at Marina City have gone on sale. A listing in the Multiple Listing Service appeared last week for Unit 5619 with a list price of $994,500. This would be three units connected together – 5617, 5618, and 5619. The total area is 2,250 square feet, with three bedrooms and three bathrooms. The Marina City resident pleaded guilty on May 29 to federal charges of money laundering related to a nationwide prostitution ring. Sentencing is scheduled for November 20. The three units were not subject to forfeiture, as long as Kimmel paid $405,000 in restitution. It is not known if this means Kimmel has made full restitution. The United States Attorney’s Office was still trying to track this down for Marina City Online on Friday. Nine other units were subject to forfeiture and put on the market. Six were sold in 2006, raising $315,968.
The agent is listed as Hugh Savage, a licensed real estate agent and former member of the Marina Towers Condominium Association board of directors.
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