ML - Michigan Avenue

2014 - Issue 1 - Winter

Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!

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Page 103 of 123

Shifting Gears Jerry Riccioni and Kim Jones share each other's passions for racing and realty. Seven years ago, real estate broker Kim Jones had a condo listing at Lake Point Tower, and Jerry Riccioni liked what he saw. Not only did Jerry purchase the condo, but he also began courting Kim, who has contracted more than $200 million in sales throughout her nine-year tenure at Baird & Warner. "Within the first 90 days that we were dating, we were going to races together and meeting drivers," says Kim, who cites having the opportunity to know the late IndyCar champion Dan Wheldon as a fringe benefit of her relationship with Jerry. He has spent the past 25 years working his way up the corporate ladder from salesman to senior vice president of retail sales at Old World Industries, a leading supplier of antifreeze, oil, 098-103_MA_FEAT_Portrait_Winter14.indd 102 and wiper blades and parent company of PEAK brand (he describes brand spokeswoman Danica Patrick as "a trip" while flipping through cell phone photos of them together in Las Vegas). Married for nearly four years, the couple recently purchased a champagne-colored Ferrari California, but these days find the duo collecting condos; over the past five years, they've invested in eight different units throughout the city. "Jerry had faith to buy in a horrible real estate market. He had the vision to go in and pick up a few condos when things were tough, knowing that rents were going to be fine, and that we'd wait it out," Kim says. "Well, I sure believed in Kim," says Jerry tenderly. "She's taught me a lot." 1/10/14 11:28 AM

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