(Photo courtesy of Curbed Chicago)
Exclusive pictures of the most expensive single-family home in Chicago have recently emerged via Curbed Chicago.
The huge estate, pictured above, is located in Lincoln Park and has been “quietly listed” for $18.75 million, making it the most expensive home in Chicago. It’s expected to hit MLS sometime next month, according to Curbed Chicago.
Currently, the record price for single-family home in Chicago is $15 million. That was paid in November 2012 by Citadel LLC CEO Ken Griffin for a condominium at Park Tower on 800 N. Michigan Ave. The highest overall listing price in Chicago history is $32 million for a penthouse at the Trump International Hotel and Tower, Chicago Business reports.
Here’s a little more on the most expensive home in Chicago: It covers five city lots and has 14,000 square-feet of living space. It was last purchased in 2002 for $9 million by current owners Tim and Alicia Mullen, who are identified as independent investors and part-owners of the Tampa Bay Rays baseball club.
The Palladin-style mansion in Lincoln Park comes with a plethora of high-end amenities. According to Curbed Chicago, these include an indoor pool, library, two-bedroom guest house, a large courtyard with various gardens, and “a home theater that puts all other homes theaters to shame.”
The question now is will this estate, which is designed to look like a historic villa, be sold before it hits MLS. Right now, the most expensive home in Chicago is only being made available to “qualified and seriously interested buyers.” This will be one to follow in the coming week to see how it ultimately plays out.