The Real Deal Chicago

Historic Gold Coast home hits the market for $22M

The 11K sf Thompson Mansion is now the second-most expensive residential listing in Chicago
May 22, 2018 03:00PM

915 N Dearborn Street (Credit: Google Maps)

A 130-year-old Gold Coast mansion went on the market for $21.9 million, which would make it the largest residential real estate sale in the city so far this year.

The 11,000-square-foot sandstone mansion at 915 North Dearborn Street sold for $3.1 million and then underwent a $7 million renovation the last time it changed hands in 2009, according to the Chicago Tribune.

The listing includes both the four-bedroom mansion and a one-bedroom carriage house next door, both currently owned by Pete’s Fresh Market owner James “Jimmy” Dremonas.

The mansion, built in 1888 for attorney John Howland Thompson, is one of the last standing mega-projects designed by celebrated 19th-Century Chicago architects Cobb and Frost.

The site is around the corner from JDL Development’s condo tower at 9 West Walton Street, where a seven-bedroom unit sold for $12.1 million in January. Last year, billionaire Ken Griffin bought four floors in that building for $58.75 million, marking the highest-priced home sale in the city’s history.

The Thompson house is now the second-most expensive listing in Chicago, behind a 25,000-square-foot mansion listed for $50 million at 1932 North Burling Street.

Coldwell Banker’s Tatiana Miller is the listing agent on the Thompson house. [Chicago Tribune]Alex Nitkin