The former estate of Pabst Brewing Company boss Harris Perlstein is back on the market in suburban Glencoe, Illinois with a new lower price. Previously asking $4,950,000, the two-acre estate with swimming pool, sports court, renovated coach house, and heated four-car garage can now be had for $4,595,000. The adjustment comes on the heels of a series of prior cuts that saw the property’s price incrementally stepped down from its initial ask of $6,295,000 back in 2015.
Designed in 1936 by architect William Pereira who later went on to pen San Francisco’s iconic Transamerica Pyramid skyscraper, the palatial home features eight bedrooms, ten bathrooms, and a wood-lined tavern space in the basement (kegs of PBR presumably sold separately). The latest reduction means the price is less than the $4,800,000 that the current owner originally paid for the over-the-top house in 2014.
- Palatial Pabst Mansion Takes Another Big Price Cut [Curbed Chicago]
- PBR Estate, the Hipster Promised Land, Lists For $6.95M [Curbed Chicago]
- 443 Sheridan Road, Glencoe IL [Redfin]