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Showy Bucktown Mansion Down $1.5M Over Two Years

This one has been on our radar since first listing in the fall of 2010. The 7,800-square-foot colossus occupies a double lot on Cortland b/w Wood and Hermitage. Conceived by Nicholas Clark Design in 2009, the home garnered attention and awards from the ALA soon after (namely, the Gold Medal in Design— nothing to scoff at). Down to the basics: all five bedrooms are en suite; there's a theater room, a 1,000 bottle wine cellar, and a basement rec room; fireplaces are strewn about like Halloween candy; and, best of all, the sculptured outdoor spaces center on an in-ground pool/hot tub combo with connective aqueduct fountain. The patio's jagged backdrop and smooth pavers makes it feel an extension of the expressive, open interiors. Raves aside, the home's main issue is pricing. We found it hard to believe that someone would spend nearly $5M in Bucktown, so it's no surprise that the ask has ticked down to $3.4M over time. But has it bottomed? In all likelihood, probably not.
·Listing: 1744 W Cortland St. [@properties]
·Bucktown's Second-Biggest: A 7,800 Square-foot Mansion [Curbed Chicago]