Jared Smith, cofounder of the protein bar brand RxBar, and his wife Gabrielle have listed their Lincoln Park mansion for $6.5 million.
Coldwell Banker Realty agents Victoria Rezin and Dawn McKenna are marketing the six-bedroom, 7,000-square-foot property at 2219 North Dayton Street, the Chicago Tribune reported. The Smiths bought the house for $4.29 million in 2018 from its builder, PLD Homes, and have since added several upgrades.
Smith, a DePaul University graduate, cofounded the protein bar company in 2012 with Peter Rahal in the basement of Rahal’s parents’ house. They sold the company for $600 million in 2017 to Kellogg.
The house is situated on an extra-wide, 32-foot lot and features three fireplaces, an elevator, rich hardwood floors, designer lighting, a dining room with intricate ceiling detail and a chandelier, a walk-in pantry, and a kitchen decked out with stone counters, an island with a farm sink and a double range.
Other lavish finishes include a private office with a small bar, treetop balcony, recreation room, full-size bar and floor-to-ceiling glass doors that access a terrace. There’s also an expansive deck area built over a three-car garage.
It’s unclear if the Smiths’ property will sell at or near its listing price. Other high-end single-family homes in the Chicago-area market have required substantial shaving of their listing prices before trading. Chicago’s priciest listing, a $30 million mansion in Lincoln Park on Burling Street, shaved $15 million off its ask from $45 million earlier this year.
But it’s especially been megamansions spread across well more than 10,000 square feet that have sat on the market and taken price cuts to sell, especially in the suburbs. Buyers have shown some willingness to shell out more than $5 million for recently renovated Lincoln Park homes that are big but not so large that they’re a headache to maintain.
The property marks another high-end Lincoln Park listing for the Dawn McKenna Group, which consistently handles the priciest sales in the western suburbs of DuPage County and has a foothold in the city, as well.
— Quinn Donoghue
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