ELITE STREET | By Bob Goldsborough | A 4,965-square-foot co-op unit on the Gold Coast that retired Kraft CEO John Richman owns is on the market for $7.5 million.

Richman oversaw Kraft’s merger with General Foods after Philip Morris Cos. bought Kraft in 1988. Richman retired the following year. The nine-room, full-floor co-op has three bedrooms, four full baths, two half baths, a fireplace and views in all four directions. Richman first listed the unit in September for $8 million.

For more on Cubs president Crane Kenney’s recent Wilmette purchase and the tackling Bears defensive lineman Israel Indonije recently took on a Vernon Hills home, see Elite Street.

Get the full story: Elite Street