Mansion Global

Historic Mansion on Chicago’s Gold Coast Available Year after Sale

The home is privately selling as a pocket listing for $2.69 million

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A 100-year-old mansion in Chicago’s ritzy Gold Coast is quietly looking for a new buyer only one year since it last changed hands, Mansion Global has learned.

The five-bedroom brick Georgian home is part of the city’s Astor Street District, a landmarked area of central Chicago where wealthy residents have constructed elegant mansions since the late 1800s. The owners are shopping the home around as a pocket listing for $2.69 million.

More:How to Buy a High-End Home in Chicago

This is one of the earlier homes on North Astor Street, built in 1909 by architect John E. Youngberg, who designed a number of mansions around central Chicago during that era, according to historical records.  

The short turnaround since the last sale is significant given the property finally sold a year ago after coming on and off the market for four years. It last closed in May 2016 for $2.45 million, less than half the original asking price, according to property records. It's not clear why the current owner has decided to sell the mansion. 

An iron gate and manicured front yard frame the three-story brick house, which opens through the front door into a marble-floored foyer and a window-lined living room. A well-outfitted kitchen has rustic details like exposed brick flooring, a fireplace and a wood ceiling. The home has seven fireplaces in total, said listing agent Rafael Murillo of @properties.

The upper floors encompass five bedrooms plus an office/library, four of the five-and-a-half bathrooms, and a large rooftop deck that offers views of Lake Michigan and the city. For outdoor dining, the rooftop has a metal and glass pergola, Mr. Murillo said.

More:A Rare New Mansion in Chicago’s Historic Gold Coast

The home underwent a complete renovation by the previous owners, retired Whirlpool executive Elmer Eldridge and his wife, Paula. They added a 1,200-square-foot rooftop and updated the structural support and utilities. Mr. Eldridge decided to sell the home after his wife passed away, said listing agent Rafael Murillo of @properties.

"Everything is pretty much the same," Mr. Murillo said. "It’s a good opportunity to start fresh."