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rare opportunity has arisen for Chicago luxury real estate buyers to purchase a massive Gold Coast estate, Astor Court, which is being sold for the first time in over four decades. The property's owner, Paul Episcope, a longtime personal injury attorney, is seeking $21 million for the 25,000-square-foot palatial home at 1355 North Astor Street. This price tag makes it the most expensive listing currently available in Chicago.
Astor Court boasts six income-producing rental units, generating over $30,000 per month in revenue from leases ranging from $4,000 to $8,000 per month. The property's unique advantage lies in its status as a single-family home with no condo association dues, setting it apart from other luxury properties on the market.
The estate features 45 rooms, including 16 bedrooms, 17 bathrooms, and 18 fireplaces, making it an unparalleled offering in the Gold Coast. Originally built in 1914 for lumber tycoon William O. Goodman, Astor Court has been owned by Episcope or his family since the late 1980s.
The listing follows a trend of ultra-high-end single-family homes hitting the market in Chicago and its suburbs, with several properties seeking over $10 million this year. The priciest single-family home sale ever in Chicago recently closed for just over $15 million, while another Lincoln Park mansion sold for $14 million within weeks of being listed.
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