CHICAGO, IL – Chicago real estate brokerage Berkshire Hathaway HomeServices Chicago announced on August 6 that brokers Sophia Klopas and Jason Stratton of the KlopasStratton Team were selected to market the historic mansion at 40 East Burton Place in the Gold Coast neighborhood of Chicago. With more than 10,000-square-feet and spanning four floors, the Georgian residence is on the market for the first time in its 109-year history, having previously exchanged hands privately.
Located at the corner of Burton Place and Astor Street, the original property address was 1501 North Astor Street and was later changed to 40 E. Burton Place. Construction of the brick residence with slate roof began in 1909 and concluded in 1911. The 35-room home was built on a 57’ x 105’ lot which is approximately two city lots. Generously placed windows provide abundant light and higher floors offer views of Lake Michigan to the east. Outside, there is a sprawling side garden. A generous drive includes a two-car garage and ample private parking for up to six cars.
The residence was designed and built for John L. Shortall by architect Richard E. Schmidt of Schmidt, Garden and Martin. John L. Shortall was the son of John G. Shortall, one of the founding members of Chicago Title and Trust Company who also established The American Humane Society. William G. Beale, a partner and well-respected trust and estate attorney at Isham, Lincoln & Beale then purchased the home privately. Beale’s law partner was Robert Todd Lincoln, son of Abraham Lincoln. Beale was best known for creating the complex will of Marshall Field II. The home then changed hands to Mrs. Charles Netcher who was known as the “The Merchant Princess.” She served as president of Chicago’s highly successful Boston Store, a competitor of Marshall Fields and Carson Pirie Scott, after her husband’s untimely death in 1904. It is believed that she commissioned David Adler to design the renovations to 40 E. Burton Place in 1932. The residence was acquired by The Greek Orthodox Archdiocese of America in 1962. The property has served as the residence for the previous Metropolitan of the Greek Orthodox Metropolis of Chicago and the administrative offices for the Metropolis’ six-state diocese.
“I am truly honored to represent 40 E. Burton Place,” said Klopas. “This residence is an architectural treasure from a bygone era. Its location on the corner of two quiet, tree-lined streets is mere steps from Lake Michigan, Lincoln Park and downtown Chicago. The expansive scale of the residence with its three stories, generous room sizes, abundant light, and character represent a wonderful and rare opportunity to own a piece of Chicago history.”
“Burton Place is part of our history and heritage, and making the decision to sell this property was a difficult one,” said Vicki Karl, Executive Director of the Greek Orthodox Metropolis of Chicago. “That said, the long-term vision of the Metropolis of Chicago compels us to secure space with upgraded amenities that can accommodate a growing office staff and offer greater accessibility to our parishes, faithful, and guests.”
The Astor Street District of the Gold Coast was constructed over a period of more than 100 years. The neighborhood reflects the fashionable styles favored by its original high-society residents. The numerous late 19th and early 20th century houses are designed in a variety of historical revival styles, and are interspersed with boutique apartment buildings and charming townhouses. Excellent schools, restaurants, and shopping are all nearby.
The list price of 40 E. Burton Place is $4,500,000. For additional information about the property, please contact Sophia Klopas at 312-927-0334 or firstname.lastname@example.org or Jason Stratton at 312-415-1551 or jstratton@BHHSChicago.com.
Additional information and photos are available online: https://www.seetheproperty.com/story/354437/b.