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Ravenswood Victorian built by Abbott Labs founder fetches $1.75M

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The landmark 1891 home features classic architecture and many modern upgrades

The Queen Anne features a wrap-around porch and a weather vane-topped turret.
Photos by Jenny Ames, courtesy of Ames Group Chicago

After years of hopping on and off the market and enduring multiple price cuts, Ravenswood’s historic Wallace C. Abbott House has finally found a buyer. The landmarked Queen Anne home at 4605 N. Hermitage Avenue changed hands on March 20 for $1.75 million—about half the amount it was seeking in 2016.

Built in 1891 by architects Rudolph Dahlgren and Oscar Livendahl, the stately North Side structure served as the personal residence of Dr. Wallace C. Abbott. The pharmacologist went on found to a company that became healthcare giant Abbott Laboratories. The Chicago-area corporation even built its own replica of the Victorian home at its suburban HQ.

As it stands today, Dr. Abbott’s original 7,000-square-foot manor features five bedrooms, six bathrooms, a wrap-around porch, renovated kitchen, garage-top solar panels, and a standalone two-bedroom coach house. It sits on a massive corner parcel equivalent to five standard Chicago city lots.

The historically significant property was most recently listed by Jennifer Ames of Engel & Volkers with an asking price of $1.845 million. The home’s new owners have yet to be identified by public records. The March 20 sale was first reported by Crain’s.

Much of the home features detailed wood moldings and doors.
The bright dining room is lined with windows.
The open living room has hardwood floors and a carved staircase.
The white kitchen was recently updated.
The master suite—one of five bedrooms in the main house.