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Old Chicago utility substation turned luxury mansion takes $750K price reduction

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The modern home features a light and airy interior tucked away behind a preserved early 20th century facade

Photos by Positive Image via Estately

Constructed within the brick art deco and Prairie-influenced exterior of a 1916 electrical substation, this spacious downtown Chicago mansion is back on the market with a price chop. The 15,000-square-foot former industrial building sports no less than six bedrooms and six-and-a-half bathrooms. It features luxury upgrades such as a pool with a stand-alone pool/gate house, a bright solarium, high ceilings, multiple private terraces, and vistas of the Chicago skyline, Newberry Library, and an adjacent park.

Since the heavily renovated home first listed in 2014, its asking price has been adjusted both up and down, fluctuating between $12,500,000 and an eye-watering $15,000,000. The most recent $750,000 chop has brought the property’s price down to $11,750,000—its lowest level yet. Despite the substantial reduction, the impressive single-family home at 924 N. Clark is still planted firmly among the Windy City’s most expensive residential listings.