Real Estate

PHOTOS: Lincoln Park mansion listed for record $50M

Thursday, December 8, 2016
A luxurious mansion that spans more than eight city lots hit the market Thursday at a record asking price of $50 million.
CHICAGO (WLS) -- A luxurious mansion that spans more than eight city lots hit the market Thursday at a record asking price of $50 million.

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According to Jameson Sotheby's International Realty, Richard and Michaela Parrillo are selling the 25,000-square-foot, 7-bedroom mansion at 1932 North Burling in Chicago's Lincoln Park neighborhood. The couple built the home surrounded by manicured gardens nearly 10 years ago.

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The asking price is significantly higher than what any Chicago-area home has ever sold for, Jameson Sotheby's said. The highest price for a Chicago home sale sits at $18.75 million in 2015 for a penthouse condo unit in the Park Tower.

PHOTOS: $50 million mansion listed in Lincoln Park
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
The 25,000-square-foot, 7-bedroom mansion at 1932 N. Burling in Lincoln Park is listed for $50 million.none
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