Bishops Hall - Luxury Residence or Premier B&B
in the heart of historical Oak Park (Chicago), Illinois
Auction ends Wednesday, April 17th at 2:00 p.m.
Recently listed at $2,500,000
Bishops Hall – 605 Iowa Street, Oak Park, Illinois 60302
Premiere estate in the heart of Historic Estate District of Oak Park which is a Frank Lloyd Wright international tourism destination. Historically renovated Georgian Revival can either be an extraordinary private residence or a luxury B&B.
You can, quite literally, step into a magnificent home or an elegant and rewarding turnkey business (or both). Ideally located on a quiet tree-lined street within walking distance of shops and restaurants, Frank Lloyd Wright and Ernest Hemingway historical sites, train stations, and both major airports, this property masterfully mixes the charm of living in a small historic village with the excitement of one of the world's great cities. For historic details, click here.
Marble hall with solid carved mahogany doors, wood paneled library with secret door, significant chandeliers, wall sconces, decorative moldings and architectural mill work, renovated slate cooper roof, as well as mature gardens define quality. Gracious sized rooms with French doors allow flow from room to room or to the gardens, providing formality or a grand open floor plan. All en suite bedrooms with the original large servants' quarters within the house give further flexibility for separate and private innkeeper’s quarters, live-in housekeepers or mother-in-law suite, without any changes or construction needed.
Currently, a licensed active and awards winning B&B, Bishops Hall, has and established book of business and clientele. This is truly a wonderful lifestyle, home and business in one.
- Premier Estate in the Heart the Historic District
- Extraordinary Private Residence or Luxury B&B
- Historically Renovated Georgian Revival Built in 1916
- Magnificent Home or Rewarding Turnkey Business
- Quiet Tree-lined Streets with Charm and Character
- Conveniently Located near Trains Stations, Airports & Historical Sites
- 4 bedrooms, 6 baths with 6,243± square feet
Open House Events: An auction representative will be available for property tours on Saturdays and Sundays April 6th, 7th, 13th, and 14th from 11:00 – 3:00 p.m. CT by appointment. Please call 800-476-3939 to schedule your viewing.
Auction: Online Bidding ends Wednesday, April 17th at 2:00 p.m. CT.
Bidding: All bidding is by the dollar.
Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.
Terms of Sale: The Contract is to be signed and returned to Target Auction Company Auction Day by 5:00 p.m. CT. This is a Cash Sale with 10% down due by 4:00 pm CT on Thursday, April 18th with the balance due at closing within 30 days.
Broker Compensation: Buyer Brokers are welcome. Please see the Broker Compensation Form under this property’s Documents tab.
Broker Participation Welcome. 10% Buyer’s Premium.
Shannon K. Mays, CAI, AARE, BAS Auctioneer/Broker
Shannon & Associates Real Estate & Auctions 1301 S. 32 Hwy, El Dorado Springs, MO 64744
Illinois Auction License #441002293 & Illinois Real Estate Broker License #471016744
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