Most professional football players buy expensive homes, cars and jewelry with their fat pay checks. Carolina Panther Julius Peppers just bought a 115,000-square-foot historic building in Chicago.
The purchase was cryptically mentioned on Twitter Tuesday by a page devoted to news about Peppers. The tweet reposted a Crain’s Chicago Business story about former Chicago Bear Israel Idonije buying the 1920s Hudson Motor building on Chicago’s Near South Side. Peppers’ name shows up later in the story, as one of the investors.
Crain’s reported that the vacant building is worth about $5.8 million and Idonije envisions it being part of a rebirth occurring in that trendy part of Chicago.
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Chicago officials say Motor Row’s string of commercial buildings is the largest intact early ‘automobile row’ in the United States. It dates to the early 1900s. Community leaders there are working to turn Motor Row into an entertainment district, taking advantage of its location a block away from the McCormick Place convention center.
Peppers hasn’t commented on the purchase, even in his tweets.
He played for the Chicago Bears from 2010 to 2013, followed by two years with the Green Bay Packers.
It was announced in March that Peppers, a nine-time Pro Bowler, was returning to the Panthers. He played for the team previously from 2002 to 2009. Peppers is a North Carolina native and former Tar Heels standout.