Step into the world of ultimate luxury with Chicago’s most expensive mansion, a home that redefines elegance and grandeur. Located in the prestigious Lincoln Park neighborhood, this 25,000-square-foot estate boasts French-inspired architecture, lavish interiors, and a rich historical background. From a 22-karat gold staircase to a private outdoor pavilion, every corner of this home showcases a unique blend of artistry and opulence.
- 📍 Location: 1932 N Burling St, Chicago, IL 60614
- 💰 Estimated Price: $15,250,000 (sold on August 19, 2024)
- 🏗️ Year Built: 2010
- 🌳 Size of Land: 0.60 acres (approximately 26,572 square feet)
- 🏠 Size of House: 25,000 square feet
- 🛏️ Rooms: 6 bedrooms, 11 bathrooms
Exterior Design
One glance at this mansion’s French limestone façade and you’ll understand why it’s the talk of the town.
The creamy tones of the limestone are enhanced by intricate carvings and relief work, while arched windows with wrought iron balconettes add a touch of Old World charm.
The mansion’s layout emphasizes symmetry, a hallmark of European design.
The black wrought iron fence, combined with the lush landscaping, creates an elegant boundary between the property and the bustling city beyond.
Outdoor Features
The outdoor spaces of the Parrillo mansion are just as impressive as its interiors. A reflection pool sits at the heart of the garden, mirroring the ornate wrought iron pavilion nearby.
Decorative fountains add a soothing ambiance, making the gardens feel like a sanctuary.
On the stone terrace, you’ll find a built-in limestone fireplace and a professional-grade grilling station—perfect for hosting gatherings.
It’s easy to imagine warm Chicago evenings spent here, surrounded by luxury.
The Grand Entryway
Walking into the Parrillo mansion is like stepping into a palace straight out of a European fairytale.
The spiral staircase, adorned with a 22-karat gold repoussé railing, immediately demands attention.
The intricate gold patterns shimmer under the soft glow of an overhead chandelier, creating a dramatic yet welcoming first impression.
Beneath your feet, the marble floors feature an intricate floral mosaic in shades of gold and ivory.
Dining Room
The dining room is the epitome of elegance.
A rich, dark wooden table sits at the center, surrounded by tan leather chairs that exude understated luxury.
Above, an ornate chandelier with candle-style bulbs casts a warm, ambient light, creating the perfect setting for formal dinners.
The walls are lined with detailed wainscoting and crown molding, showcasing the European-inspired craftsmanship found throughout the home.
Library
The library is a space where sophistication meets comfort.
Dark wooden built-ins, complete with gold moldings and accents, line the walls, offering ample space for books and collectibles. A grand chandelier hangs overhead, adding a touch of old-world charm.
The polished wooden floors and richly textured décor create a cozy yet stately ambiance, making it the perfect retreat for quiet reading or intimate gatherings.
High-End Kitchen
The kitchen in the Parrillo mansion is a true chef’s paradise.
Featuring gleaming white cabinetry with paneled detailing and polished marble countertops, the design combines practicality with elegance.
A center island, topped with matching marble, provides both additional workspace and seating, thanks to its stylish upholstered barstools.
Master Bathroom
The master bathroom is nothing short of a spa retreat.
Decorated in soft cream tones with marble finishes, it feels both luxurious and calming.
The custom carved vanities add a touch of artistry, while a large window draped with sheer white curtains allows natural light to flood the space.
Bar Area
The bar area is a showpiece of refined design.
Wrapped in dark wood paneling, the space feels warm and inviting. Chevron-patterned hardwood floors add texture, while the marble countertop on the bar provides a polished finish.
Built-in glass shelving displays an impressive collection of glassware, making it an ideal space for entertaining guests.
French Doors and Fireplaces
Throughout the living spaces, French doors open up to the gardens, seamlessly connecting the indoors with the outdoors.
Gold-accented fireplaces add warmth and elegance, anchoring each room with their intricate designs.
Why Did the Parrillo Mansion Sell for a Fraction of Its Value?
Despite its grandeur and historical significance, the Parrillo mansion faced significant challenges in the luxury real estate market. Initially listed for $50 million after being built at a cost of $65 million, it ultimately sold for $15.25 million due to a combination of market conditions and pricing strategy missteps. The Chicago luxury market often struggles to match the demand seen in cities like New York or Los Angeles, where ultra-high-end buyers are more concentrated.
Additionally, such highly customized properties can limit the pool of potential buyers. The mansion’s unique design and sheer size, while breathtaking, may have made it less adaptable to the preferences of prospective owners. This case underscores the importance of balancing exclusivity with market realities when pricing iconic estates.
Where does Richard Parrillo live now?
As of the latest available information, Richard Parrillo’s current residence is not publicly disclosed. After selling the mansion at 1932 N Burling St in Chicago, there have been no public records indicating his new place of residence.
What is the address of the most expensive house in Chicago?
The most expensive house in Chicago is located at 1932 N Burling St, Chicago, IL 60614. Situated in the Lincoln Park neighborhood, this address is known for its prestigious and luxurious residences.
How much is the most expensive house in Chicago worth?
The house sold for $15.25 million in August 2024. Initially listed for $50 million, the property underwent several price reductions before its final sale.
Who purchased the mansion at 1932 N Burling St?
The identity of the buyer who purchased the mansion in August 2024 has not been publicly disclosed. Luxury real estate transactions often involve confidentiality agreements to protect the privacy of the parties involved.
Conclusion
The Parrillo mansion is more than just the most expensive house in Chicago—it’s a symbol of architectural and design excellence. From its French limestone façade to its luxurious interiors, every detail reflects a commitment to unparalleled luxury. With its expansive size, thoughtful landscaping, and prime location, the mansion redefines what it means to live in grandeur.
