Maybe he can get the 8 million dollar condo this time around!
From the Chicago Tribune:
Billy Corgan buys a piece of the Gold Coast
Ten months after selling his Victorian painted lady mansion in Lake View for $1 million, former Smashing Pumpkins lead singer and chief songwriter Billy Corgan has paid $2.95 million for a recently renovated, historic six-room condominium on the Gold Coast.
After disbanding the Smashing Pumpkins, Corgan formed a new group, Zwan, which is playing three sold-out shows at the Double Door this weekend.
Through his tour manager, Corgan declined to comment on the purchase of the two-bedroom condo. His tour manager confirmed that the singer-songwriter recently has been staying at the condo while rehearsing for Zwan's current tour, but said the Chicago-area native ultimately intends to lease the condo in a 110-year-old building to someone else. The unit has an oak-paneled living room, reception room, balcony framed by granite columns, four fireplaces, walnut parquet floors and a large terrace.
Corgan has shown an affinity for vintage properties. After moving out of the more than 100-year-old Lake View home at 3448 N. Greenview Ave., which he owned from 1993 to 2001, Corgan temporarily stayed in a penthouse in the Haberdasher Square loft development, 728 W. Jackson Blvd., a former manufacturing building that dates to 1926. And in 2000, the Landmarks Preservation Council of Illinois awarded Corgan its President's Award for his commitment to historic preservation.
Since Corgan sold his Lake View home, one Smashing Pumpkins Web site reported that he has been living in Italy, but in interviews he has declined any comment on his permanent residence.