Chicago Cheat Sheet: Lake Geneva vacation mansion lists at $8.5M, haunted hotel hits market…& more

Black Point Manor in Lake Geneva lists for $8.5 million (Credit: Redfin)

Black Point Manor in Lake Geneva lists for $8.5 million (Credit: Redfin)

Lake Geneva vacation home lists for $8.5M
A nearly 11,000-square-foot lakefront home in Lake Geneva has hit the market at $8.5 million, a reduction from previous listing prices of almost $2.3 million. The mansion sits on five acres and includes 10 bedrooms, nine fireplaces, a sauna, a pool, a beach and four boat slips. The owners built the home in 2002 on the same plot that housed 19th Century mansions owned by some Chicago luminaries. It’s tied for the second priciest listing in Lake Geneva, behind a home seeking $14 million. [Chicago Tribune]

Haunted hotel hits the market
A landmark — and supposedly haunted — Fox Lake hotel is back on the market at $5.5 million. The 135-year-old Mineola Hotel was closed in the 1960s and is being marketed as a redevelopment opportunity, including possible condos. Its owners sought to first sell the property via eBay auction in 2012, but no one bid the minimum $2 million. The hotel was known as a hangout for gangsters, including Al Capone, and is on the National Register of Historic Places. It’s now more known as a destination for ghost hunters. [Daily Herald] 

Architect selected for former AT&T campus redevelopment
Somerset Development has selected local firm Wright & Company to help redesign the vacated AT&T headquarters in Hoffman Estates. Somerset is working to transform the campus into a mixed-use complex including office, co-working, retail and community space. The architecture firm will redesign the complex’s shell and will have a hand in designing greenspace and individual tenant spaces. Wright & Company principal Dirk Lohan designed the 1.6-million-square-foot campus built in 1990. [RE Journals] 

Mid-century modern home sells, could face wrecking ball
A Glencoe home designed in 1953 by modernist architects Keck & Keck has found a new owner, who is mum on plans for the house. The five-bedroom house is a staple of mid-century modernism, featuring sleek contours and an uncluttered interior. It listed on May 15 at $695,000 and was under contract in five days at $705,000. The buyer of the home is hidden behind a trust. [Crain’s]

Blue Island hospital faces closure
MetroSouth Medical Center in Blue Island is seeking to close by the end of the year, saying it is unlikely to find a vendor to continue running the hospital. The hospital’s owner, Quorum Health, said patient volume has been declining for years. It is seeking a buyer, but any potential investor would not likely operate it as a hospital. The facility was founded in 1905 as St. Francis Hospital. [Daily Southtown]

Read Full Article

Post your Comments