We're beginning to sense a "motivated seller" at the much-talked-about six-flat-to-mansion conversion at Bell and Grace. About a month ago, the home debuted at $2.99 million. Then, as YoChicago noted, just two weeks later the owner pulled out the scissors and trimmed $300K off the asking price. Now, after another two weeks have passed, and another $200K has been chiseled off the price, bringing it down to $2.49 million. Is a trend emerging? The 8,000-square-foot home first caught our eye because of the radical transformation it underwent when it was converted from a frumpy six-flat to a sparkling new mansion. The home's wildly disproportionate bathroom-to-bedroom ratio (9 full baths, 3 half-baths and just 5 bedrooms) is also pretty fascinating. Now, we're just curious to see what it'll take to sell it. The latest reduction brings the price down below Brad Lynch's nearby home, which is priced at $2.6 million.
· Six-Flat-Turned-Mansion Hits the Market in North Center [Curbed Chicago]
· North Center Six-Flat Transmogrified Into a Single-Family [Curbed Chicago]