The Claude Seymour Mansion is a Short Sale: 817 W. Hutchinson in Buena Park
This 6-bedroom historic mansion at 817 W. Hutchinson in the Buena Park neighborhood of Uptown was originally listed 9 years ago, in 2011.
We’ve chattered about it several times, including the last time it came on the market in 2017.
See our 2017 chatter here.
The Claude Seymour House is one of the many historic mansions that line Hutchinson on this landmarked block.
The Elite Street column in the Chicago Tribune highlighted it in 2013:
Designed by Prairie-style architect George Washington Maher and completed in 1913 for jewelry wholesaler Seymour, the more than 12,000-square-foot mansion has six bedrooms, four full baths, two half baths, leaded stained-glass windows, a grand mahogany staircase, three fireplaces, mahogany millwork throughout, an eat-in kitchen and a coach house atop a two-car garage.
The property has 136 feet of frontage and a wraparound yard.
Two other Maher mansions are also currently on the market.
750 W. Hutchinson is on 6 city lots and is listed for $3.995 million.
839 W. Hutchinson has a 4-car garage and a solarium and is listed at $3.65 million.
If you recall, this house is on 5 city lots measuring 136×140.
It has a 2-car garage plus space for 2 cars on the driveway.
It has most of it’s original vintage features, including moldings, stained glass, and a carved staircase along with 3 wood burning fireplaces.
All 6 bedrooms are on the third level.
The kitchen has stainless steel appliances and what look like stone counter tops.
There’s also a library, game room and a big lower level recreation room.
It has central air.
Since 2017, the house has had a $3 million price cut to $2.6 million. The listing now says:
$3,000,000 Reduction. Accepting Offers & Showings. Must Sell.
It’s also now a Short Sale.
Given the price of the other two Mahers on the same street, is this house a steal?
Alfred Cohen at Coldwell Banker still has the listing. You can see the pictures here.
817 W. Hutchinson: 6 bedrooms, 4 baths, 2 half baths, 12000 square feet, 2 car garage, studio
- Sold in November 1993 (no price listed)
- Originally listed in March 2011 for just 2 weeks at $5.195 million
- Re-listed in October 2011 for $4.995 million
- Lis pendens foreclosure filed in December 2011
- Was listed in October 2012 at $4.995 million
- Reduced
- Was listed in August 2013 at $4.5 million
- Withdrawn in February 2014 listed at $4.5 million
- I can’t tell if the bank now owns it
- Re-listed in November 2017 at $5.69 million
- Reduced $3 million
- Currently listed as a “short sale” at $2.6 million
- Taxes are now $103,803 (they were $88,500 in 2017, $81,517 in August 2103 and they were $21,652 in October 2012)
- Central Air
- 3 fireplaces
- Bedroom #1: 19×19 (third floor)
- Bedroom #2: 16×14 (third floor)
- Bedroom #3: 17×12 (third floor)
- Bedroom #4: 14×11 (third floor)
- Bedroom #5: 10×15 (third floor)
- Bedroom #6: 12×20 (third floor)
- Recreation room: 50×28 (lower level)
The realatard should get curbed stomped for the total lack of effort. I guess if the bank doesn’t care shitbird doesn’t care. Way to go Al!
This “could” be a steal but guessing the level of maintenance done in the last 9 years is on par with the effort put forth in selling.
All that being said, it’s a seriously awesome home. If the place is on par with the limited photos, someone’s getting a good deal (and assuming the property taxes fall in line with the sales price).
Sabrina please take notes – this is vintage
Probably sells below 2 million IMO
personally, I wouldn’t buy anything stocks, or real estate for the next few months. I anticipate a wave of foreclosures in the next 2-3 years (even with the mortgage/eviction halt legislation). I am holding on to my cash to buy at the next housing crisis. However, I do expect residential properties to make a comeback as everyone still needs a place to live.
i dont want to play the inception game within the game, but i cant help it. it is concensus since were all scarred from 2001 and 2008 that the market / asset prices will go down again, and that the bottom is in. This is the first time the US govt has done wholesale “people’s QE” and the combination of the Congress bill plus the expected Fed actions adds up to 28% of GDP. Even if most of that money goes to support the plumbing of the financial market, this is stunning and fast, just as stunning and fast as the shock weve experienced in the last five weeks. I personally am keeping enough cash on the sideline for one more GREAT investment opportunity if real estate crashes, but I am generally leaning into a recovery in asset prices, with about 35% invested in gold and precious metals related securities.
I can’t imagine owning a home for 30+ years and having to sell via short sale. Would love to know what they paid for it back then.
That tax bill sucks.
This Crains story from a few years ago says it was sold in 1989, not ’93, to the current owners.
https://www.chicagobusiness.com/article/20171121/CRED0701/171129985/maher-mansion-on-hutchinson-street-for-5-7-million
Looks like it was purchased by a couple in 1989 for 882,500.
“Would love to know what they paid for it back then.”
Looks like $862,500 in ’89. With a $1.15m mortgage. Then $2m in ’00, $2.45 in ’01, $3.0 in ’05, and finally $3.375m in ’06. F/C filed in ’12. Judgment out of a divorce filed in ’14.
Awful photos, kitchen could look fabulous if decluttered and if that useless table in the middle of it and a pot rack over it were taken out. Decluttering, staging, platinum photo package, 3D Matterport tour …
$100,000/year property taxes are killing it! Most buyers looking to spend $2M will not even write on this.