Lincoln Park mansion fetches $5.1 Million in Quick Sale

A Lincoln Park mansion across from the North Pond just sold for $5.1 million, marking one of the priciest residential trades in the neighborhood this year.

The three-story home at 2480 North Lakeview Avenue hit the market in September asking nearly $5.2 million before being pulled and then relisted in April, Crain’s reported. The 7,800-square-foot home went under contract in less than two weeks. The price amounts to $654 per square foot.

Carrie McCormick of @properties Christie’s International Real Estate, who represented the buyers, declined to name them but told the outlet they are relocating from the East Coast.

The seller was Staci Sikora-Oliff, the widow of commercial developer Evan Oliff, who purchased the property in 2001 for $1.7 million. Rubina Bokhari of Compass represented the seller.

Oliff, who died in 2015, restored the early 1900s-era home after acquiring it, though records don’t specify whether he was the one who converted it back from apartments into a single-family residence. The home had been divided into multiple units for at least four decades before the restoration.

Located in the Arlington & Roslyn city landmark district, designated in 1989 for its collection of late 19th and early 20th century architecture, the mansion retains many period details. It features six bedrooms, seven bathrooms, an elevator, a rooftop terrace overlooking the park, and ornate touches such as a wood staircase, arched doorways and a large skylight.

McCormick credited the sellers with “a phenomenal job of restoring the home,” adding that “the workmanship in the home is just something that cannot be replicated today.”

The sale adds to a run of big-ticket deals in Lincoln Park, where trophy properties with historic character and park adjacency command strong interest despite broader housing market headwinds. While rising mortgage rates have cooled transaction volume across Chicago, well-preserved landmark homes in prime locations are a rare commodity.— Eric Weilbacher