Lakefront Mansion Now Reduced $1.295 Million: 4230 N. Marine Drive in Uptown
This 4-bedroom single family home at 4230 N. Marine Drive in Uptown has been on the market for 2 years.
In that time, it has been reduced $1.295 million.
Built in 1930, the Georgian 2-story house is on an oversized corner lot that measures 75×109.
The house is one of the rare properties that faces Lake Shore Drive and the lake.
Three out of the four bedrooms are on the second floor with the fourth on the main.
It has a finished basement and central air along with a 3-car garage.
The kitchen has white cabinets with granite counter tops.
What will it take to finally sell this house?
Chaz Walters at Coldwell Banker has the listing. See the pictures here.
4230 N. Marine Drive: 4 bedrooms, 5.5 baths, 6100 square feet, 3 car garage
- Sold in March 1993 for $475,000
- Sold in December 1998 for $1.15 million
- Originally listed in July 2009 for $3.99 million
- Reduced numerous times
- Currently listed for $2.695 million
- Taxes of $11077
- Central Air
- Bedroom #1: 16×17 (second floor)
- Bedroom #2: 16×19 (second floor)
- Bedroom #3: 17×17 (second floor)
- Bedroom #4: 10×14 (main floor)
just dont let your gets park on the street
if you don’t have a lake view and don’t have direct access to a beach (private or public) then paying a “premium” to “live on the lake” makes not sense at all. This is ridiculous at best. Why not buy a similar house “on the lake” in wilmette/winnetka for less money?
I don’t think you can really price the value of having a 2 bath master suite…
http://www.redfin.com/IL/Winnetka/568-Sheridan-Rd-60093/home/13786702
http://www.redfin.com/IL/Kenilworth/431-Sheridan-Rd-60043/home/13784933
This house is cool as hell, but totally out of place. I used to live near it and I recall 2 old ladies always working in the yard. Those taxes make me believe that they were the owners
hahahaha,
clio that looks like if crocket or tubs moved to the burbs, hahahahaahaa
“clio that looks like if crocket or tubs moved to the burbs, hahahahaahaa”
What part of green-ish paneling in the basement and green forest wallpaper makes you think of Miami Vice?
I think the Groove is referring to the first link
The house is one of the rare properties that faces Lake Shore Drive and the lake.
as oppposed to facing Lake Shore Drive but not the lake?
agree with clio, not worth it with no private access to beach. I would rather buy that one that Alexi’s brother was trying to sell. Yeah it’s a lot smaller but it has a private beach.
The fact that they’ve been trying to sell this for going on two years with this steep of a reduction shows three things: 1) that they are desperate to sell, 2) they have no idea what their home is worth and 3) had an inflated idea of how much they thought.
BTW when I think of mansions this doesn’t come to mind. That 12,000 beast featured yesterday, sure, but not this. This is just a really big house.
http://www.redfin.com/IL/Highland-Park/999-Sheridan-Rd-60035/home/17625023
Great homes clio. Shows once again that the 12,000SF Rogers Park turd is about $1 million overpriced.
I love this house, but it has a violent history….the owner, an upscale jewler, was brutally murdered here. The robber’s thought that he had jewels at his home, which he did not. They Killed him, and beat his wife. They were over 80 years old. I wonder if that needs to be disclosed, since it was many years ago…and I wonder if that piece of knowledge spooks potential buyers? I would be interested in hearing everyone’s thoughts…..would you live in a home were something violent and tragic happened??
Nat 40k a year in taxes, OUCH!!!
I do not think that a murder in the house over 25 years ago has anything to do with the current sale/ status. It is just overpriced for todays market.
anon i meant the first one with the red couch, and yes it was a stretch but need to go #1 so not to much thought went into it.
“anon i meant the first one with the red couch”
Yeh, I know. Joking.
I would definitely take the 12,000 square foot house from yesterday over this one. This neighborhood is a bit too rough for me.
Clio, I don’t know anything about the burbs, but I love that house at 568 Sheridan with the red sofa!
I jog past this house every day. I love it. Since I can neither afford to buy anything like it or the homes in the links above, nor do I have any inclination of ever being a suburbanite, the obvious question to me is: what is the premium for a mansion (in a fairly-well protected neighborhood of mansions) that is less than a 20 minute drive to downtown in rush hour? Does commuting time not matter to folks who can afford this price point? Or do they just live further inland down in LP?
I think you do in San Francisco…
“I wonder if that needs to be disclosed, since it was many years ago”
About the house on Marine Drive, I actually really like it, but it’s too expensive. They need to slash more than 50% off the asking price and lower it to about 1.2 million. I think it could close for about 1.1 million.
I think the neighborhood’s fine around there, particularly on Marine Drive.
The furniture and wallpaper is not to my taste, but I love the house itself.
If it’s not prohibited through zoning or anything, I’d install a fence which offers more privacy so you could actually use the lawn without being ogled and rubbernecked by passersby.
I’m surprised that none of you point out that you’ll be living in the shadows of a huge high-rise condo building. I don’t know about you, but if i’m going to spend this much on a place, I want my neighbors to be other SFH, not 100+ unit condo buildings.
Maybe a developer will buy the place, knock it down and build another high-rise.
if you go west down the street all of your neighbors are SFH’s
The people selling this place better start drinking, can’t imagine what a pain it would be to move all that wine!
“I love this house, but it has a violent history….the owner, an upscale jewler, was brutally murdered here. The robber’s thought that he had jewels at his home, which he did not. They Killed him, and beat his wife. They were over 80 years old. I wonder if that needs to be disclosed, since it was many years ago…and I wonder if that piece of knowledge spooks potential buyers? I would be interested in hearing everyone’s thoughts…..would you live in a home were something violent and tragic happened??”
i love this house and always admire it when i drive by. but, this would definitely affect my decision to buy it. i couldnt live in a house where people were murdered.
I’m not at all superstitious, but that gruesome of a crime, would make me think before making an offer… mostly because I would constantly think about the suffering that went on in the house.
If someone died of natural causes or in an accident in the house, I would be fine with it.
I gather that nobody has any reservations about living in a dwelling built upon soil on which gruesome events may have taken place…
i would go take a tour of the house, and when no one is looking i would write redrum on the back of the bathroom door, maybe leave a big wheel and an axe against the garage too.
when did this alleged incident take place? I just googled the hell out of it and couldn’t find anything (not that that’s the definitive avenue for research…)
if the current owner was not involved in the gruesome act or benefited from it and the act was not something of magnitude of a genocide, i think i can live with it but of course would much rather buy some where else if the two choices where close otherwise.
Red:
No offense, but your Google-Fu is pathetic.
Result #7 on my first search:
http://www.uptownupdate.com/2008/07/cold-case-solved-1991-uptown-murder.html
My google fu is indeed pathetic. I was searching the full address, should’ve broadened the search…
http://www.uptownupdate.com/2008/07/cold-case-solved-1991-uptown-murder.html
Search was nothing fancy:
murder at 4230 N. Marine Drive
I was doing “4230 N. Marine Dr.” jeweler
like i said, i admit to a crappy search.
Well there is always this option to take care of any superstitions:
http://articles.chicagotribune.com/2010-06-04/news/ct-x-n-percy-mansion-0604-20100604_1_loraine-percy-percy-home-kenilworth-estate
Hedge fund money helps, however. Not sure Uptown really draws the masters of the universe types.
“I was doing “4230 N. Marine Dr.” jeweler
like i said, i admit to a crappy search.”
Perhaps it’s excessive or unfair to criticize google search failures, but the question that comes to mind is whether that constitutes googling “the hell out of it”.
“whether that constitutes googling “the hell out of it”.”
Hence the comment with the link.
“Hence the comment with the link.”
Yeah, I meant whether my followup comment was unfair piling on (not so much whether your initial comment was fair or not), but still wondering frankly whether Red did *many* crappy searches (and did they all involve flawed use of quotes) or just that one.
Since someone else brought up the Shining…
“I don’t suppose they told you anything in Denver about the
tragedy we had up here during the winter of 1970?”
Wilson is right. Who would want to live in the shadow of a huge high rise? I grew up in a three-story courtyard building right next to a 16-floor apartment tower, so I know what it’s like.
Buy the lot for $1 million, tear it down and build another high rise. Definitely.
Geez you people.
I just looked back through several pages, replaced jeweler with “murder”, etc., and didn’t see anything. Sorry I didn’t do a more varied search. so maybe its not exactly googling “the hell” out of it, but whatever.
“Wilson is right. Who would want to live in the shadow of a huge high rise?”
Well, it’s not in the *literal* shadow, as the high rise is to the north.
“Geez you people. ”
It’s a tough room.
The houses around here seem hard to value. This isn’t “real” uptown. Hutchinson, hazel and junior terrace have huge multi-lot homes. My favorite house in the city is a george maher just east of hazel on hutchinson. This isn’t lincoln park but its a nice neighborhood. And I
Would live in a house where a murder took place.
“I would definitely take the 12,000 square foot house from yesterday over this one. This neighborhood is a bit too rough for me.”
REALLY….compared to what? This house is in Buena Park. Pull the crime stats….there is nothing ‘rough’ about Buena Park.
but Dan, you were always the caretaker here.
I would love telling every little kid that came to my door on Halloween the gruesome details, then ask them if they want to come in and see the bodies.
“This house is in Buena Park. ”
LOL! WTF is “Buena Park”? Oh yeah it’s some fake made up neighborhood name realtards like you and residents of the area made up to try to separate themselves from the Uptown label, which is legitimate.
Wow I had no idea about the murder! We live in LV not that far south of here, and this neighborhood is fine. It’s a bit farther north that gets sketchy. This street actually (Hutchinson, and the surrounding streets) are full of HUGE, gorgeous, historic homes. I would live here but definitely not once I found out about the murder! I would be livid if I found out after the fact… isn’t it a rule you have to disclose that???
Hey Bob—-wondering….what do you do for a living?
“Hey Bob—-wondering….what do you do for a living?”
I sweep the parking lot at the pizza joint of your namesake and clean the ovens. $1 Hamm’s on Mondays? Yeeeeeaahhhhh Cooper is sooo in.
“The house is one of the rare properties that faces Lake Shore Drive and the lake.
as oppposed to facing Lake Shore Drive but not the lake?”
No- as opposed to those that JUST face the lake. There are several houses we’ve covered that do not face Lake Shore Drive.
NoNA –
That was such a sad story and it depressed me today. May God rest the soul of the previous owner.
I asked the Wolfman your question since he has ZERO interest in real estate and does not believe in ghosts. He said worst case scenario, you buy the house and it’s haunted and you’re fucked. But even in the best case scenario if you don’t believe in ghosts, your curiosity is going to get the better of you. Your subconscious is going to keep spinning its wheels on the home’s history and some night when you’re there alone you are bound to think about it and get freaked out. So if you know a home has a tragic history it’s better not to buy it.
milkster darling you must have a heck of an imagination. i’ll remodel the house to my liking and won’t even think of the incident except maybe for scaring away unwanted guests : )
This does seem like an awfully hard house to value, although I definitely think $4M was a dream. Clio’s comparables need significantly more work. Nat’s is much more a reason why this isn’t worth $2.7M, but I wouldn’t be surprised if it sold well over $1M, maybe $1.5M, but that is just a guess as I won’t have it to spend. 🙁
Admit it, gringozecarioca:
You were the caretaker here. You chopped your wife and daughters up into pieces, and then you blew your brains out!
Hi Miu –
Speaking of unwanted guests, you ALWAYS have them when you live in NY. Everyone comes through NY at some point and they all want to crash at my place. And they’re pushy enough to ask if they can stay a really long time like a week or two. There’s a Czech saying that fish and houseguests both start to smell bad after 3 days. I’ve just started saying “no”. I don’t offer an excuse or explanation or apology. Just “no”.
Milkster- your problem with houseguests must have to do with the fact that even the Hampton Inn in Manhattan is $250 to $350 a night.
Something about homes in which violent crimes have taken place…. it’s really disturbing when you first learn of it, and it almost put me off of a beautiful apartment in a building in which a grisly murder once occurred, many years before my time there.
But then I thought about it. Face it, many things sad and glad, beautiful and ugly, have occurred in our city, and everywhere in our country. There is not a single foot of ground anywhere on earth that hasn’t soaked up some blood. I personally can’t walk past the Lincoln Park Zoo without thinking of all the people who perished in that very spot after the 1871 Chicago fire, for that’s where all the people made homeless by the fire camped, and died by the dozens in the freezing, wet cold from disease epidemics and cold. In those days, it took a long time to get help out to people here even though everyone tried, and there were no vaccines, and no lifeline services here.
No matter what happened in this house a few decades ago, I’d consider it “cured” by it’s current residents, who’ve evidently lived there for quite a while with no tragedy. Time to write another page in the house’s history, a happy one.
yup the hotels are pricy and everyone loves to go to NY. I actually have a good friend that I usually stay with if I am by myself, bet he thinks the same…lol
you have to start a rumor about a prior murder and ghost at your place milkster : )
Wow DNA in 1991, who knew! Don’t Chicago’s new gun ownership laws make it safer to be an openly wealthy person in a house in the city?
“There is not a single foot of ground anywhere on earth that hasn’t soaked up some blood”
Yeah there is. I’d say 99.8% of Antarctica has never even had a human footprint on it. Same goes for most very high mountain ranges. Bouvet Island? Probably most of that, too, etc.
milkster, we have that saying about houseguests and fish too. I too have noticed how foreigners love the collectivist living arrangement when it is a free one for them. Just had a run-in with some relatives down here taking advantage of my 84 yr old mother in law, using her place. They were even starting to send non family, and 2 times they asked her to leave and stay elsewhere. Was interesting watching how no one in my wifes family could say no to these people. Ze, not so hard… 2 months ago when they wanted to confirm for rock n rio, Ze really enjoyed watching them see if they could interpret ‘f off and die’ in my version of portuguese. More amazing, disgusting actually, is how many people don’t even say thanks or send a simple bottle of wine.
Oh miu miu, deux deux in the house of death… U would have your hands full. Not a good place for kids.
My point, Bob.
Anywhere humans have lived is a place with a history of murder and violence…. but also of human achievement and joy and love and happiness, too.
I wouldn’t rule out a beautiful place with such a history, but I’d use it to drive a harder bargain.
Sabrina and Miu, with you it’s different. If I knew you wanted to visit NY I would invite you to stay with me 🙂
It’s the random friends of my parents and their friends friends like Ze mentioned who have the balls to invite themselves and kick back, eat all our food and mess the place up like it’s a hotel I take issue with.
Laura, I like your positive spin on this home. It’s a beautiful place and funnily, I actually think it would be cool to live next to the highrise. I like living around lots of people.
“milkster darling you must have a heck of an imagination. i’ll remodel the house to my liking and won’t even think of the incident except maybe for scaring away unwanted guests :”
Miu Miu,
my poor dear, have not watched enough haunted house movies and TV shows and stories that the number one thing you should not do is renovate!!! something about disturbing the homes balance gets them to go from casper to slimer to full on “there heeereee”.
Thanks Milkster. I bet you are a ton of fun!
I actually like the whole sordid, murder history in the house. You can have a Murder Party every year. I’ve bought several old houses, really 2-4 or 6 flats, and I’m sure there were murders, rapes, births, all kinds of things that reflect the human condition. Maybe Al Copones girlfriend lived in one of my flats. Just think: Al Copone was getting some in one of my apartments. Amazing!
Imagine what the houseguests are like when you live in Amsterdam, bearing in mind what most people visit for…
The grisly past would be enough to keep me away from this place. Especially one so recent. Well that and the price! But it’s a nice place. The high rise next door does cheapen the look somewhat.
Buena Park was actually created before Uptown so it is a legit area. When Uptown was created it took over this area in name to some degree. There are many areas in the city like this as far as naming. is concerned.