Former Smashing Pumpkins Member James Iha Sells Edgewater Home
The 45-year-old Elk Grove Village native was the guitarist and co-founder of the seminal alt-rock band. He just sold the Chicago house he bought in 1994.
Iha's 4-bedroom Edgewater property sold for $545,000, a residence he spent scant time in since blowing out of Chicago to New York. He paid $260,000 in 1994 for the American Foursquare home and kept it in tow even when he bought a 4,750-square-foot mansion in Wilmette for $1.05 million in 1998, reports the Tribune. When he moved to Brooklyn, he put the manse on the market and picked up a buyer in 2001 at $1.16 million. But Iha wouldn't let go of the 1910 three-story Edgewater house. Until this summer: In June he listed it for $625,000.
Iha dropped out of Loyola University Chicago in the late '80s to make a bid as a guitarist and songwriter, collaborating with frontman Billy Corgan — they met in a record store — on the dark electronic mood of Smashing Pumpkins. They scored a breakthrough with the multiplatinum Siamese Dream (1993), selling more than 4 million copies and voted one of the best albums of the '90s. Their colossal follow-up, Mellon Collie and the Infinite Sadness (1995), received seven Grammy nominations including 1997 Album of the Year. The band had a reunion in 2005 without Iha.
Iha pressed on. The guitarist joined the band A Perfect Circle in 2003 and is co-owner of indie record label Scratchie Records and the Stratosphere Sound recording studio in Manhattan. Want to hear something that will break a habit? Try on Iha's work with R.E.M.'s Michael Stipe and the fashionably black Marilyn Manson to rattle your cage.