Rock star and songwriter Richard Marx and his form
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Posted On: 03/11/2020 12:06:11 PM
Rock star and songwriter Richard Marx and his former wife, Cynthia Rhodes, on Monday sold their nine-bedroom, 29,475-square-foot vintage Georgian-style mansion on almost five lakefront acres in Lake Bluff for $4.2 million — less than one-fourth the amount they originally hoped to get for the mansion.
Listing agent Andra O’Neill declined to comment after the sale.
Subsequently miss O’Neill went on the record conceding that ‘Right here waiting for you. Whatever it takes.’ Was the wrong message for the lawn sign and the online listing.
Rock star Richard Marx sells vintage Lake Bluff megamansion for $4.2 million — less than what he paid in 1997
By Bob Goldsborough
Chicago Tribune |
Mar 10, 2020 | 3:45 PM
Rock star and songwriter Richard Marx and his former wife, Cynthia Rhodes, on Monday sold their nine-bedroom, 29,475-square-foot vintage Georgian-style mansion on almost five lakefront acres in Lake Bluff for $4.2 million — less than one-fourth the amount they originally hoped to get for the mansion.
The sale brings to a close a long housing odyssey for the couple, who first listed the estate for $18 million in 2014. Over time, the price was gradually cut multiple times, eventually listing for just under $7 million.
And Tuesday’s sale price was less than the $4.7 million that Marx and Rhodes paid in 1997 for the property.
The home was among Chicago’s most notable megamansions that languished on the market for years, joining the ranks of Michael Jordan’s Highland Park compound and a $45 million Lincoln Park mansion. The sale also is one of the highest-priced sales of the year so far in the Chicago area.
Listing agent Andra O’Neill declined to comment after the sale.
A Highland Park native, Marx, now 56, and his then-wife bought the estate after previously owning a smaller house in nearby Mettawa. They almost relocated to Greenwich, Connecticut, near the home of Marx’s close friend and collaborator, the late singer, songwriter and record producer Luther Vandross, before getting a phone call from their real estate agent informing them that the Lake Bluff property was available.
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Singer-songwriter Richard Marx sold his Lake Bluff mansion after it languished for years on the market.(Courtesy FESTIVAL OF ARTS)
“I had the desire to go back to Chicago and raise (my children) somewhere near where I grew up,” Marx told Elite Street in 2016. “I felt like I needed a change and wanted to raise kids in the Midwest. We went to see (the Lake Bluff estate), and I knew that was the answer. The house and property are really extraordinary. It fell out of the sky (for us).”
Designed by legendary architect David Adler for meatpacking scion Lester Armour and his wife, Leola, the U-shaped mansion originally was part of a 73-acre estate and has eight full baths, six half-baths, 19 fireplaces, a finished basement, walnut parquet floors, a home theater and an attached, 8,000-square-foot recording studio.
Marx is not the mansion’s only tie to show business; the Robert Altman film “A Wedding” was shot there in 1977, around the time the Armour family sold it to a development company.
“I’m not someone who looks back. I’m grateful for the great times we had there, and I made great records there and had a great time raising kids there,” Marx told Elite Street in 2016. “And it’s a remarkable property … it has elegance but also feels very homey.”
The buyer’s identity is not yet available in public records.
Now married to former MTV VJ Daisy Fuentes, Marx now lives in a four-bedroom, 5,163-square-foot house in Malibu, California, that he purchased in 2015 for just under $5 million.
He has had that property on the market since last September, when he listed it for just under $7.7 million. He is now seeking close to $7.4 million for it.
Listing agent Andra O’Neill declined to comment after the sale.
Subsequently miss O’Neill went on the record conceding that ‘Right here waiting for you. Whatever it takes.’ Was the wrong message for the lawn sign and the online listing.
Rock star Richard Marx sells vintage Lake Bluff megamansion for $4.2 million — less than what he paid in 1997
By Bob Goldsborough
Chicago Tribune |
Mar 10, 2020 | 3:45 PM
Rock star and songwriter Richard Marx and his former wife, Cynthia Rhodes, on Monday sold their nine-bedroom, 29,475-square-foot vintage Georgian-style mansion on almost five lakefront acres in Lake Bluff for $4.2 million — less than one-fourth the amount they originally hoped to get for the mansion.
The sale brings to a close a long housing odyssey for the couple, who first listed the estate for $18 million in 2014. Over time, the price was gradually cut multiple times, eventually listing for just under $7 million.
And Tuesday’s sale price was less than the $4.7 million that Marx and Rhodes paid in 1997 for the property.
The home was among Chicago’s most notable megamansions that languished on the market for years, joining the ranks of Michael Jordan’s Highland Park compound and a $45 million Lincoln Park mansion. The sale also is one of the highest-priced sales of the year so far in the Chicago area.
Listing agent Andra O’Neill declined to comment after the sale.
A Highland Park native, Marx, now 56, and his then-wife bought the estate after previously owning a smaller house in nearby Mettawa. They almost relocated to Greenwich, Connecticut, near the home of Marx’s close friend and collaborator, the late singer, songwriter and record producer Luther Vandross, before getting a phone call from their real estate agent informing them that the Lake Bluff property was available.
<image001.jpg>
Singer-songwriter Richard Marx sold his Lake Bluff mansion after it languished for years on the market.(Courtesy FESTIVAL OF ARTS)
“I had the desire to go back to Chicago and raise (my children) somewhere near where I grew up,” Marx told Elite Street in 2016. “I felt like I needed a change and wanted to raise kids in the Midwest. We went to see (the Lake Bluff estate), and I knew that was the answer. The house and property are really extraordinary. It fell out of the sky (for us).”
Designed by legendary architect David Adler for meatpacking scion Lester Armour and his wife, Leola, the U-shaped mansion originally was part of a 73-acre estate and has eight full baths, six half-baths, 19 fireplaces, a finished basement, walnut parquet floors, a home theater and an attached, 8,000-square-foot recording studio.
Marx is not the mansion’s only tie to show business; the Robert Altman film “A Wedding” was shot there in 1977, around the time the Armour family sold it to a development company.
“I’m not someone who looks back. I’m grateful for the great times we had there, and I made great records there and had a great time raising kids there,” Marx told Elite Street in 2016. “And it’s a remarkable property … it has elegance but also feels very homey.”
The buyer’s identity is not yet available in public records.
Now married to former MTV VJ Daisy Fuentes, Marx now lives in a four-bedroom, 5,163-square-foot house in Malibu, California, that he purchased in 2015 for just under $5 million.
He has had that property on the market since last September, when he listed it for just under $7.7 million. He is now seeking close to $7.4 million for it.
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