Who Will Buy This 12-Bedroom Gold Coast Mansion? 1547 N. Dearborn Parkway
This 12-bedroom Gold Coast mansion at 1547 N. Dearborn Parkway was originally listed in May 2013.
The Romanesque-style house was built in 1891 by architect August Fielder and is on an oversized 82.5×133 lot.
It has an 8-car garage and central air.
The house has some of the original stained glass, moldings and carvings.
It has 9 wood burning fireplaces, a library and a sunroom.
The kitchen has dark wood cabinets and stainless steel appliances.
The house has lawn sprinklers and a power generator.
Originally listed in June 2013 for $18.75 million, it has been reduced $7.75 million to $11 million.
At 18,590 square feet, it is one of the bigger homes for sale in the neighborhood.
Who is the buyer for a house of this size?
How many more years will it take to sell it?
Emily Sachs Wong at @Properties has the listing. See the pictures here.
1547 N. Dearborn Parkway: 12 bedrooms, 12.5 baths, 18,590 square feet
- I couldn’t find a prior sales price but Zillow says it sold in 1995 for $5 million
- Originally listed in June 2013 for $18.75 million
- Reduced
- Currently listed for $11 million (includes 8-car garage)
- Taxes of $142,242
- Central Air
- Law sprinklers
- Power generator
- 9 wood burning fireplaces
- Library
- Sunroom
- Master bedroom: 21×18 (second floor)
wonder how much it costs to run the A/C on this place.
“wonder how much it costs to run the A/C on this place.”
I’m assuming it has multiple a/c units (maybe 4 or 5 of them.)
I knew someone with a big 10,000 square foot McMansion in the far west suburbs and he spent $1200 a month on a/c during the summer and that is only about half the size of this house.
But if you’re buying this, you really don’t care if you’re spending $3k a month on a/c. After all, you have 8 cars as well.
WOW! Now that’s a fuckin house! holy shit, never seen such a nice vintage home, all that wood work my goodness, Laura Louzander might faint looking at this listing
I can’t imagine maintaining such a gigantic old house like this but ‘someone’ will buy it, the Gold Coast is different, and it pretty much is the premeire neighborhood in the midwest regardless of your opinion on Chicago, people with this much money don’t really care
“But if you’re buying this, you really don’t care if you’re spending $3k a month on a/c. After all, you have 8 cars as well.”
you would think that but I’d hate for someone who can *only* afford $8 million worth of home but tried to climb the high society ladder and then get shocked by the costs.
“I’m assuming it has multiple a/c unit”
i think you mean zoned
I believe that this is the Ann Lurie mansion.
The outside looks nicer than the inside.
Convert it to high end condos?
Wouldn’t this be more valuable as 4-5 large condos than 1 Wayne Mansion?
Wayne Mansion = awesome
Large condos = boring
I’d rather have the mcmansion in the western suburbs, vinyl siding and all. Speaking of western suburbs, Where’s Clio?
hey check it out a SW Lakeview 10k a month rental!
http://chicago.curbed.com/archives/2015/10/14/hawks-patrick-sharp-nabs-lake-view-newbuild-for-295m-1.php
“hey check it out a SW Lakeview 10k a month rental!”
Yes- because Southport is basically more prestigious than large swaths of Lincoln Park now (at least West Lincoln Park.) I would put it third in the city in prestige factor outside of downtown.
1. Lincoln Park
2. Bucktown
3. Southport
Several three million dollar homes have sold there and/or are currently listed for sale there. It’s where everyone wants to be. And like Bucktown, it’s nowhere near the lake. Another nail in the coffin on the theory that if you don’t live near or on the Lake, there’s no point to living in Chicago.
By the way- when Rosie O’Donnell was in town for her show, she bought a single family home just down the street from the Sharp house.
“I’m assuming it has multiple a/c unit”
No- I meant multiple a/c units. My friends in the western suburbs had 5 a/c units sitting outside their house. You don’t just have one to deal with a house this size.
Southport Ave is about a mile from the lake. I don’t think that qualifies as nowhere near the lake. Also, I see several of the big ticket homes in the Southport area just sitting on the market… One has some very different decor/finishes and I don’t know if it will ever sell.
“Southport Ave is about a mile from the lake. I don’t think that qualifies as nowhere near the lake.”
On this site, if you are west of Clark you are not in “real” Lincoln Park. So trust me, Southport is nowhere near the lake. And besides, you’re not going without a/c because you’re “near the lake” if you live at Southport and Addison.
And, according to many on this site, the ONLY place to live in Chicago is near one of the parks and the Lake. Otherwise, you might as well live in St. Louis or Kansas City.
I’m just saying what many on this site have said in the past.
But the facts (and home prices) are really saying otherwise. If the Lake was all that mattered, no one would pay $3 million to live near the Dairy Queen in Southport. Nor would they pay $4 million to live near the Stan’s Donuts in Bucktown.
Looks like a well-maintained rectory – institutional.
Lol if you are west of Clark you are not in real Lincoln Park. Patently absurd. One of the most ridiculous things I’ve ever heard.