UPDATED Price Reduction as of 7/10: $15 million
The Property: This grand home on Lake Forest’s Mayflower Road is truly one of the most magnificent ever built in Chicago. The 27-room mansion was completed in 1915 as a wedding gift from John G. Shedd, then the president of Marshall Field & Co., to his daughter, Laura, newly married to Charles Schweppe..." /> UPDATED Price Reduction as of 7/10: $15 million
The Property: This grand home on Lake Forest’s Mayflower Road is truly one of the most magnificent ever built in Chicago. The 27-room mansion was completed in 1915 as a wedding gift from John G. Shedd, then the president of Marshall Field & Co., to his daughter, Laura, newly married to Charles Schweppe..." /> UPDATED Price Reduction as of 7/10: $15 million
The Property: This grand home on Lake Forest’s Mayflower Road is truly one of the most magnificent ever built in Chicago. The 27-room mansion was completed in 1915 as a wedding gift from John G. Shedd, then the president of Marshall Field & Co., to his daughter, Laura, newly married to Charles Schweppe..." />

Lake Forest’s Schweppe Mansion

List Price: $18 million
UPDATED Price Reduction as of 7/10: $15 million
The Property: This grand home on Lake Forest’s Mayflower Road is truly one of the most magnificent ever built in Chicago. The 27-room mansion was completed in 1915 as a wedding gift from John G. Shedd, then the president of Marshall Field & Co., to his daughter, Laura, newly married to Charles Schweppe…

Middle-Income Foreclosures Fall Into the Gap

By now, it’s pretty well known that the foreclosure crisis is no longer limited to lower-income households. Large numbers of middle- and upper-income homeowners are falling into default, too. But a new report from the Woodstock Institute points out that, in many parts of the Chicago region, more affluent households are far less likely than lower-income homeowners to get specialized counseling about the foreclosure process—and that could potentially…

Well-Manored in Beverly

List Price: $1,400,000
Sale Price: $1,075,000
The Property: With its assortment of beams, arches, and crenellations, this brick and limestone mansion on a Beverly hillside suggests an old English home that has been added to and changed over many generations. Locals speculate that was the intention of…

On the Market: Hiding in Plain Sight on the Gold Coast

List Price: $4.975 million
The Property: You could prowl the streets of the Gold Coast for a long time (as I have) and hardly notice this 4,000-square-foot home. Originally built in 1888 as the coach house for two Astor Street houses, this residence now conceals itself behind draping vines and an almost invisible charcoal-colored brick façade…

Housing Bulletin: Dreaming Big near Winnetka

Earlier this month, Vince Gerasole  of CBS2 Chicago reported that a Ronda Fish of Sudler Sotheby. The house is being marketed as a private listing, which means it’s not included among properties at Midwest Real Estate Data. The sellers are Sherwin and Deborah Jarol; Sherwin is the managing partner of Bradley Associates, a Chicago commercial … Read more

Sale of the Week: Moskow’s Retreat — Winnetka

List Price: $2.195 million
Sale Price: $1.8 million
The Property: This handsome Georgian with 14 rooms stands on a lush two thirds of an acre on Sheridan Road in Winnetka. Michael Moskow, who was the president and CEO of the Federal Reserve Bank of Chicago until retiring in 2007, owned the house for 32 years before selling it…

On the Market: All That Jazz — Lake View

List Price: $849,000
The Property: I felt an urge to ring for the butler and have him fetch my tuxedo as I toured this elegant four-bedroom home in a 1926 co-op building near Belmont Harbor. The expansive floor plan takes you back to the glamour of the Jazz Age, and a recent renovation updated the home’s mechanicals while polishing up its vintage…