Slow Sales For Astor Street Mansions
Want a single family mansion on Astor Street? You have your pick as there are at least 10 currently on the market ranging from $2.5 million to $9.995 million.
The house pictured above has been listed for over two years. According to the listing:
In 1894, George W. Meeker, A Confidant Of Abraham Lincoln, Commissioned Holibard & Root To Build This Spectacular Home. This Impressive & Spacious Residence, Offered For Sale For Only The 3rd Time, Features Beautiful Original Millwork & Paneling, Extraordinary Ceiling Heights, 2 Libraries,7 Fire- Places, Garden Terrace, Wine Cellar & 2 Car Attached Garage.
1431 N. Astor: 5 bedrooms, 4 baths, 3 half baths
- Currently listed for $4.2 million
- Originally listed for $6 million
- 30% reduction
Why the slow sales of gold coast mansions? Many people don’t want the upkeep of a single family house and prefer to buy the expensive condos in the sky. Also, blame it on the new construction fad that has swept nearby Lincoln Park. You can build your own McMansion for the same price – with all the modern bells and whistles.
But nothing quite adds up to Astor Street (in my opinion.)