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Hint: One of the Many Lakefront Mansions Buried by Condos

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Welcome to CornerSpotter, Curbed's regular game in which you, fair readers, consult archival streetscape photos or postcard illustrations to identify the building(s) and/or location presented. Time to tap that reservoir of urban minutiae and flaunt it before your fellow readers. Fire away in the comments, and we'll reveal the correct identity and backstory tomorrow.

Anyone recognize this important link to Chicago's early business elite? Not only did the above mansion play a founding role in a new aristocratic neighborhood, it represented a broader sentimental attachment to the region's very distant past and its legacy. This lakefront mansion, among the neighborhood's grandest, wasn't the first to cede to development pressures and it wasn't the last— some made it to the '80s and '90s and there are still several holdouts on the strip and many more in this coveted district's interior blocks. A blank but high-priced 1970s tower occupies the home's footprint today. What's the home's title and on what corner did it stand?
·Cornerspotter [Curbed Chicago]