A couple of notable residences on the market in the Chicago area are owned by billionaire Bill Wrigley Jr., the great-grandson of chewing gum founder William Wrigley, who established the candy company in 1891. Wrigley Jr. sold Wrigley Co. to Mars Inc., in 2008 for $23 billion and he gave up his title as CEO, but he remains as executive chairman.
Wrigley’s Lake Forest home — For Sale $14.5 Million (below)
1345 Lake Rd, Lake Forest, IL 60045
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Highlights: This grand Italianate mansion on Lake Michigan was built in 1912 and was originally designed by architect Howard van Doren Shaw. According to chicagomag.com, Wrigley bought it in January 2003 for $9.9 million. The home’s original owner was Donald McLennan, a Chicago insurance executive who cofounded insurance giant Marsh & McLennan. Donald and his wife, Katherine, called the house “Stornoway,” after a small Scottish town believed to be the birthplace of some of McLennan’s ancestors. See more photos of Wrigley’s Lake Forest home.
Wrigley’s Gold Coast penthouse — For Sale $14 Million (below)
65 E Goethe St, Chicago IL 60610
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Highlights: Just a few months before Wrigley bought the Lake Forest mansion above, he paid $10.1 million for a 13,200-square-foot Gold Coast condominium below. According to the Chicago Tribune, the “… full-floor penthouse is raw, undeveloped space, and sits on the eighth floor of the Lucien Lagrange-designed limestone building…”. The penthouse was created from three units combined into one, but as you can see from photos of Wrigley’s penthouse, it is a humongous, concrete shell. Wrigley reportedly backed out of finishing out the space twice before deciding to sell. If you’re wondering how one can justify asking $14 million for unfinished space, it includes Wrigley’s plans to finish it out, plus two 1,500-square-foot outdoor spaces on the roof, and six garage spaces — a rarity to find so much space on the Gold Coast.
