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Developer Buys Wood-Filled Gold Coast Mansion for $5M

Crain's is reporting that developer Steven Fifield has agreed to purchase a mahogany-filled Victorian mansion in the Gold Coast. When Curbed featured the 7,600-square-foot home in a December post, it had already been reduced from the original asking price of $7.25 million to $5.9 million. "Sources" say that he has agreed to pay $5 million. Fifield is of course the principal of Fifield Companies, which recently built Alta at K Station at Kinzie and Jefferson in the West Loop. The company is reported to be planning a 496-unit apartment building just one block east of there, at 365 N. Halsted. An interesting bit of trivia: According to the Crain's story, the front of the house was featured in the '80s sitcom "Webster," which was about an orphaned African American boy who was taken in by a retired white football player and his wife.
· Developer to pay $5 million for lawyer's Gold Coast home [Crain's]
· Mahogany Mania: A Gold Coast Mansion with Lots of Hardwood [Curbed Chicago]