I received an email this morning from Simonas Balnys stating that the owner of Illinois.com was interested in selling and would consider offers over $3,000,000. The owner is the present Controller of Chicago.com (owned by Josh Metnick) Vujadin Milinovich. According to the email, I received the invitation for offers because I do business in Illinois which is true. Not sure if they knew I was also a domain investor or not. I admit I think this domain is worth the 3,000,000 price and could easily be a stand alone business, but not sure mass email is the best way to sell a 3 million dollar domain. One thing that strikes me as odd is the fact that the owner works for Chicago.com which seems to be a successful business model. Why wouldn’t the same business model be followed on Illinois.com if it works?
According to DomainTools.com on 6-8-202 the domain was originally financed by DomainCapital and was transferred to the present owner. If I were in the same shoes (and I wish I were), I would test the market as well. While I have no idea of the price, I am pretty sure a $3 million sale price would reward the owner with a nice profit. Best of luck to the Vujadin and although I am biased, I think Illinois.com is one of the better names to come up for sale this year.