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Olmsted & Vaux's Historic Dore Cottage Has Trouble Selling

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By now, there probably aren't many strangers to this historic Riverside property listing. An 1869 classic by Frederick Law Olmsted & Calvert Vaux doesn't just drift under the radar. Think about it, there wasn't much Illinois—as we know it—back in 1869. But that's when Olmsted & Vaux laid out their designs for one of America's first master-planned suburbs, Riverside (which happened to include a few houses of theirs too). This is one of the village's oldest remaining houses, and it's in great condition. Still intact: 3 out of 4 marble fireplaces, plantation shutters, and leaded glass windows. The 4/2 home also boasts 14' ceilings, hardwood floors, a new kitchen, and a large lot with a matching gazebo. According to a YoChicago profile from September, there have been just five owners in the home's 143 years. And according to Zillow's price history, the ask started out at $1.399M in May 2008, went off the market for two years, and has reduced another $100K since relisting in August 2010. What does that all equate to? A current asking price of $894K.
·Listing: 100 Fairbank Road, Riverside [Coldwell Banker]
·You can be the sixth owner of Riverside's historic Dore Cottage [YoChicago]