Million Dollar McMansion Foreclosure in Hinsdale
Following on the heels of the $4.6 million foreclosure in Lincoln Park, another huge McMansion home, this time in ritzy Hinsdale, is going on the auction block today.
The home’s MLS listing describes it as the following:
5 bedroom, 5+ bath with elegant foyer and reception hall. Well-designed kitchen and stunning family room. Rich in details and perfect for entertaining. Hardwood floors, Viking, Subzero, Bosch and Dacor in great kitchen. The family room and office with fireplace, built-ins add drama. Large bedroom suites add comfort and finished lower level. Professionally landscaped yard and great patio.
805 W Hickory, Hinsdale:
- Originally bought from the builder in 2000
- First listed for sale in 2004 for $3.198 million
- Massive price reductions over the last three years to the current list price
- Currently listed for: $1.799 million
- Auction price of $1.301 million in the Wheaton County Courthouse
That’s a price reduction of at least 50% since it was first listed in 2004.
Will someone “rescue” this house as they did the $4.6 million Lincoln Park home prior to auction? Stay tuned.
[Ed. note: Thanks to the tipster who alerted me to this property and its listing history.]