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Thursday, April 30, 2015

Chciago's Potter Palmer Mansion

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ON THE MARKET

Gold Coast Mansion Built by Potter Palmer Returns After Two Year Break

A Gold Coast greystone built by the famous Chicago developer and Marshall Field & Company co-founder Potter Palmer has returned to the market after a two year absence. The home, one of a handful built in the neighborhood by Potter, had previously asked $4.5 million, but was eventually chopped down to $3.75 million. However, it returns today with a higher $3.95 million ask. The five-level home has been split up into multiple units, but the listing agents suggests in all caps that the mansion can be "easily converted back to a single family row home." It likely won't be as easy (nor cheap) as the listing agent may suggest, but after looking at these photos, this mutilated home probably wishes that it would be gutted once again.
COMMENTS (3 EXTANT)
$3.95 Million- :) :) :). This is Chicago not Housing Insanity San Francisco. Good luck. Hah,
Easily converted I think not.
Looks nice as a multi-unit to me. Why can't rich people learn to live together (outside of New York)?

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