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At $45 Million, This Huge Chicago Mansion Is The City’s Most Expensive Listing

The mansion was constructed by Richard and Michaela Parrillo in 2010, and the couple claims that they have put approximately $65 million into both the purchase of the land and the building of the home.



Richard and Michaela Parrillo built the mansion back in 2010, and the couple claim that they’ve invested some $65 million into both the land and the construction of the house. According to the official listing, the majority of that money, if not all of it, is visible just by taking a quick look at the property:

“Unprecedented urban estate. a masterpiece spanning 25,000 square feet, located on Lincoln Park’s most prestigious street. Located on a massive parcel measuring 177 feet by 149 feet and comprising more than eight city lots in total, every precaution has been taken to ensure complete seclusion and peace and quiet. You will feel as though you have stepped into another world when you experience the meticulously maintained grounds with their many fountains, reflecting pool, and hand-forged antique garden pavilion. Absolutely no expense was spared inside or out throughout this sun-filled mansion. The design is perfect for large-scale entertaining as well as more intimate day-to-day living because it is grand in every way without being overwhelming. This house is truly a once-in-a-lifetime opportunity because it is nothing less than magnificent around every corner. It is impossible to find another home that compares to it.”


As was mentioned before, the Parrillo mansion is currently the highest-priced real estate listing in all of Chicago, and it isn’t even really close – the next most expensive mansion for sale in the city is a relative steal at $19.5 million. Even so, an extreme bidding war would be required to make the mansion the most expensive residence in Chicago. This is due to the fact that in 2018, billionaire Ken Griffin spent $58 million on four floors at the top of No. 9 Walton, combining them into one enormous penthouse property.