A Lincoln Park mansion built for a survivor of the Titanic hit the market as a single-family home for the first time in 75 years after the owners first tried to sell it as two separate units.
The eight-bedroom, 11,600-square-foot Georgian mansion, known as Adler on the Park, is asking $11.5 million, the Chicago Tribune reported. Earlier this year, it was listed in two parts for $7.65 million and $5.65 million, or about $2 million more than the asking price now.
Built in 1917 for Emily Ryerson, the home at 2700 North Lakeview Avenue is a showcase for noted architect David Adler. Designed and configured as four row houses, the property was sold to the independent elementary school Harris School in 1946, five years after Ryerson died. When the school moved in 1975, the home was sold to nonprofit agency Thresholds Psychiatric Rehabilitation Center, which used it as a transitional home for people battling mental illness.
Thresholds sold the mansion In 2015 to an entity controlled by Michael Golden, which sold it in 2017 to a group of investors led by the Kazma family for $2.7 million.
Lincoln Park is a sought-after neighborhood that wasn’t considered fashionable at the time the home was built. It’s far from the Gold Coast, then the center of wealth and society, according to the Historic Preservation Society.
The owners spent the past five years restoring the extra-wide home and renovating it with modern features. It has a heated five-car garage, an 800-square-foot terrace and elevators to all floors.
“It’s four floors plus an unfinished basement,” listing agent Wendy Berg of Baird & Warner told the outlet. “And as opposed to most of the single-family homes in Chicago, which go straight up, with this one you’ve got big floor plates on each floor, which is definitely unique.”
The home still has much of the original moldings on the first and second floors. It also retained original marble and herringbone hardwood floors from the original design.
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— Victoria Pruitt