“Empire” mansion still looking for buyer after 6 years and 40% price cut

The 17K-square-foot home first listed at $16M in 2013

Jun.June 18, 2019 09:00 AM
45 Lakeview Lane, Barrington Hills with Terrance Howard as Lucious Lyon on “Empire” (Credit: Wikipedia and Pricey Pads) 

45 Lakeview Lane, Barrington Hills with Terrance Howard as Lucious Lyon on “Empire” (Credit: Wikipedia and Pricey Pads)

A 17,000-square-foot Barrington Hills mansion frequently seen on the Fox TV series “Empire” has yet to find a buyer despite a 40% price chop from its original asking.

The home at 45 Lakeview Lane originally listed for $15.9 million in June 2013. Now it’s listed at $9.5 million, according to Crain’s.

The 8.5-acre estate regularly has been featured as the mansion of actor Terrance Howard’s Lucious Lyon character since 2014, but owners Sam and Geralyn Cecola have been hesitant to market those ties, @properties listing agent Michael LaFido told Crain’s.

But now the Cecolas are touting the “Empire” connection in hopes of finally landing a buyer. Sam Cecola owns the Admiral Theater strip club on Chicago’s North Side.

The home has five bedrooms, 11 total bathrooms, a large outdoor pool, garage parking for six cars and lakes on either side. The Cecolas built the house in 2008.

Fox announced last month the upcoming sixth season of “Empire” will be its last.

The Chicago area’s sputtering market for expensive older houses is taking a heavy toll on the Barrington area. The number of homes sold in Barrington Hills, North Barrington, South Barrington and Barrington declined by about 14 percent between the first eight months of 2017 and the same period last year, Crain’s reported in September.

In March, a 21,000-square-foot mansion set on 22 acres in Barrington Hills sold for $4.5 million, the most expensive sale in the suburb since 2012. [Crain’s] — John O’Brien


Related Articles

Corey Crawford and Hayden West Loop at 1109 West Washington Boulevard (Credit: Getty Images)

Corey Crawford ID’d as buyer of $4M Hayden West Loop condo

Homes on Prairie Avenue in Chicago (Credit: iStock)

Luxury home sales continue steep drop

Michael Larsen and an aerial view of Chicago (Credit: Linkedin, iStock)

Amid Chicago’s luxury housing market lull, there is life in Winnetka

 Noah Properties’ Anita Lisek and Bart Przyjemski with 1246 North Astor Street (Credit: Redfin and Noah Properties)

In a hot ultra-luxury market, Gold Coast mansion lists for $8M after gut-rehab

The luxury market saw another year-over-year drop in sales in the second quarter. (Credit: iStock)

Chicago-area luxury home market continues slide in Q2

The penthouse unit at 415 East North Water Street has its marble finishes digitally removed from its new marketing materials. (Credit: ThreeSixtyChicago via RNP Real Estate Group)

$9M Streeterville condo back on the market — with eccentricities digitally removed

2140 North Kenmore Avenue, Tim Hurd and Jennifer Jacoby Hurd (Credit: @properties)

Philanthropist, hedge fund manager sell Lincoln Park Italianate at a loss

65 East Goethe Street and Bernard Freibaum

Former GGP exec sells Gold Coast condo for fraction of original ask