Lincoln Park mansion that once had a record-high price tag undergoes $15 million cut

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Lincoln Park mansion that once had a record-high price tag undergoes $15 million cut
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A six-bedroom Lincoln Park mansion that once was listed for $50 million — the Chicago area’s highest asking price ever — had its asking price reduced on Wednesday from $45 million to just under $30 million.

A six-bedroom Lincoln Park mansion that once was listed for $50 million had its asking price reduced on Wednesday to just under $30 million.

Even at $30 million, the Parrillos’ new asking price still far exceeds what the Cook County assessor believes the mansion is worth. The assessor’s office values the mansion at $16.2 million.The Parrillos’ former listing agent told Elite Street in 2016 that the asking price was so high because the couple’s cost to build the mansion was $65 million, including land costs.

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