Chicago.com Sold to Chicago Community Trust (Updated)

chicago-community-trustAccording to a tweet posted last night by Josh Metnick,  Chicago.com  was sold again. As you may recall, Josh Metnick is the former owner of the Chicago.com domain name. Based on the registrant email address, the owner of the domain name is The The Chicago Community Trust.  The current registrant of the domain name is listed as Chicago.com LLC.

Chicago.com was sold by Josh  to the Chicago Sun-Times in 2013, and the deal was confirmed at that time by Crain’s Chicago. I do not believe the sale price was ever disclosed.

I reached out to Daniel Ash, Chief Marketing Officer of The Chicago Community Trust, and he commented on the acquisition:

“As part of our vision to make metropolitan Chicago the most philanthropic region in the nation, The Chicago Community Trust hopes to use the domain Chicago.com as a platform to promote and inspire philanthropy. The website will serve as a digital public square and a resource for visitors to connect, stay informed, and to learn how they can get more involved in philanthropy.

Our overall goal is to create a site that is a resource and public asset to the city of Chicago, encourages residents to engage in more philanthropy, and reflects the philanthropic spirit of Chicago.

Much work needs to be done. Additionally, we intend to collaborate with community stakeholders who have expertise in building websites, etc. While we will  keep the email portion of chicago.com operational, we will take our time to develop and launch a reimagined  www.chicago.com.”

Daniel also addressed the vanity email addresses referenced in the email Josh shared on Twitter:

The Trust plans to continue to maintain the Chicago.com email addresses.    These accounts are not terminated – just moving.  Therefore, current holders will have the opportunity to keep their address.  Our long term  plan is to make the Chicago.com email address available to donors as a special recognition of their commitment to Chicago.”

I asked about the price of the domain name, and Daniel said all of the acquisition details will remain private.

It will be interesting to see how this domain name will be used going forward.

Update (December 2, 2018) – According to a tweet from George Kirikos, it appears that Chicago.com was acquired for $1 million. A link to the source of his information is in the tweet:

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

3 COMMENTS

Leave a Reply

Recent Posts

Be Mindful of TMs on AI + 3rd Party Generated Content

0
One semi-recent advance in relationship to domain name sales is the ability to create artificial intelligence content on landing pages. In addition to this...

Escrow.com Announces 2023 Master of Domains

1
During the NamesCon conference today, Escrow.com announced its Master of Domains winners. The annual award celebrates "the highest grossing domain name brokers for deals...

How to Buy a Domain Name That is Owned by Someone

1
For a domain investor, buying a domain name is second nature. Investors hand register domain names, purchase domain names via expiry and private auctions,...

My 2023 Domain Industry PMC Jersey

0
For a number of years, I have created a domain industry Pan-Mass Challenge jersey to raise funds for Dana-Farber Cancer Institute. Many domain industry...

Chat.com Profitably Resold for 8 Figures

0
In March of this year, I reported on the sale of Chat.com. The domain name was acquired by HubSpot Co-Founder Dharmesh Shah for more...