[CHICAGO.SUNTIMES] Former President Barack ObamaI think when you spread the wealth around, it's good for everybody...
and former first lady Michelle purchased the home here that they have been renting, the Sun-Times has learned, closing on the $8.1 million purchase on Wednesday.
Obama front man Kevin Lewis confirmed the sale, telling the Sun-Times, "Given that President and Mrs. Obama will be in Washington for at least another two-and-a-half years, it made sense for them to buy a home rather than continuing to rent property."
A source familiar with the situation said the Obamas will continue to own their reliably Democrat Chicago, aka The Windy City or Mobtown
... home of Al Capone, a succession of Daleys, Barak Obama, and Rahm Emmanuel,...
home in the South Side Kenwood community.