Chicago's historic 'Wrigley Mansion' sells for $4.65M

Monday, January 29, 2018

Chicago's 'Wrigley Mansion' sells for $4.65M

Chicago's historic "Wrigley Mansion" has been sold to a private trust for $4.65 million. (Courtesy: Parkvue Realty)

CHICAGO (WLS) -- Chicago's historic "Wrigley Mansion" has been sold to a private trust for millions below its original asking price.

The foreclosed property at 2466 North Lakeview Avenue was listed for $7.15 million in early 2017 and had been under contract to sell, but was relisted in August by Parkvue Realty at a lower price - $5.5 million.

A luxurious mansion that spans more than eight city lots hit the market Thursday at a record asking price of $50 million.

Broker Anthony Disano confirmed the iconic Lincoln Park home was sold for $4.65 million, but said he did not know the buyer's plans or intentions for the property.

Listed in the National Register of Historic Places and a Chicago Landmark, the 9-bedroom, 6.3-bathroom estate was designed by architect Richard Schmidt and completed in 1896. The Lincoln Park mansion was purchased by the Wrigley family in 1911.

A sprawling estate in the northern suburbs has just been named the most beautiful home for sale in Illinois by Architectural Digest.

The 13,000-square-foot main house features a grand foyer, solarium, butler's pantry, wine bar, walk-in vault, game rooms, staff quarters, a mahogany-paneled library, sprawling master suite with his-and-hers baths and a top floor ballroom with unobstructed views of Lake Michigan and Lincoln Park.

The property also includes a 2,000-square-foot, three-story coach house with ground floor storage and garage bays, as well as two residential units.

PHOTOS: Inside Chicago's historic 'Wrigley Mansion'