Former CEO of Ferrara Candy lists Near North Side condo for nearly $5M
Todd Siwak, the former CEO of Ferrara Candy Co., on Wednesday placed his three-bedroom, 3,693-square-foot duplex condominium on the 17th floor of the Near North Side building at 9 W. Walton Street on the market for $4.79 million.
Now a private equity executive, Siwak, who is based in St. Louis, led Ferrara Candy and then served as president and chief business officer of Ferrero North America, which acquired Ferrara in 2017.
The building at 9 W. Walton Street has drawn significant attention of late, amid billionaire Florida resident Ken Griffin's efforts to sell his four separate full-floor units at the top of the building, including Griffin ultimately unloading two such units late last year for $19 million to Gov. JB Pritzker.
Through a Missouri limited liability company, Siwak paid $4.612 million in 2018 for the 17th-floor unit, which is one of only two duplex homes in the building. It has 3-1/2 bathrooms, an open dining room and a living room with a fireplace and a de Giulio dry bar with wine refrigeration. Other features include a kitchen with a large center island, O'Brien Harris cabinetry, iceberg quartzite countertops and backsplash and Sub-Zero and Wolf appliances.
The condo also has custom lighting, designer window treatments, millwork, hardwood floors, a more than 300-square-foot terrace and a primary bedroom suite with a built-out dressing room and a marble bathroom with an oversized shower, a soaking tub, dual sinks and a vanity table.
Listing agent Jeffrey Lowe of Compass did not immediately provide a comment on the listing.
The condo had a $98,161 property tax bill in the 2023 tax year. It also has $3,000-a-month homeowners association dues.
Siwak briefly listed the condo last year for $4.995 million in August and September before taking it off the market.
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