One of Chicago's most historic and architecturally significant homes will soon have a new owner. Known as the Wrigley Mansion thanks to its former owner, the chewing gum tycoon William Wrigley, Jr., the Italian Renaissance mansion on Lakeview Avenue found a yet-to-be-announced buyer in December after what the Wall Street Journal called "." Scroll down for more of the story, plus a look inside.
Joseph Theurer, owner of the Schoenhofen Brewing Co., commissioned the home, which is now listed in the National Registry of Historic places and is a Chicago Landmark.
It was one of Chicago's best-known properties at the time. William Wrigley, Jr. would go on to buy the Chicago Cubs in the following years, too.
The family moved from the mansion to a 10,000-square-foot apartment in a Rosario Candela-designed building on Lake Shore Drive in the 1930. Kidnappings and robberies during the Great Depression, including the murder of pilot Charles Lindbergh’s son in 1932, eventually drove the family to leave their well-known address for fear of becoming a target," the Wall Street Journal reports.
Although it was , the home remained in private hands. Bank of America , the Journal reports, and listed it for $7.15 million in 2017. The asking price was eventually lowered to $4.9 million.
"The mansion is magnificent," listing broker Anthony Disano told Town & Country. "It’s hard to believe it's 120 years old and in immaculate condition with most of the original woodwork intact."
Or a school, retail space, office, hotel, restaurant, banquet hall, museum or art gallery — all were suggested in the . Whatever it becomes, the property will always be one of Chicago's most notable addresses.