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Rehabbed condo in the South Loop’s historic Marshall Field Jr. mansion asks $1.6M

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The updated home offers all the conveniences of a new construction

Photos by Coldwell Banker Residential via Redfin

Located in the South Loop’s historic Prairie District, units in the handsome 1884 redbrick mansion once belonging to Marshall Field Jr. don’t often change hands. Designed by architect Solon Spencer Beman, the home sold to the son of one of Chicago’s most famous 19th century entrepreneurs for $65,000 in 1890. After a stint as a psychiatric hospital, the structure was sold to the Chicago Architectural Foundation in the 1970s before being partitioned into condominiums in 2007.

Earlier this month, unit number two—one of only six in the building—hit the market just yesterday. The fully renovated and quite modern three-bedroom home may not necessarily scream 19th century opulence, but it does feature high ceilings, crown moldings, an abundance of natural light, and dark hardwood floors throughout.

The large kitchen offers an oversized marble island, sleek lacquered cabinetry, and high-end appliances while the master suite sports custom upholstered walls, a fully-built walk-in closet, and a bathroom with heated stone floors. The 4,100-square-foot home is currently asking $1.6 million plus $944 in monthly HOA fees.