Wrigley CEO's Former Lake Forest Mansion Listed For $8 Million

LAKE FOREST, IL — A stately Lake Forest estate formerly owned by the CEO of the Wrigley Company was listed last week for $8 million. Designed by architect Howard Van Doren Shaw and completed in 1908, the massive mansion contains eight bedrooms and has 16,000 square-feet of above and below-ground space, including a 10-car heated garage and elevator. Sitting on a 3.68 acres of restored lakefront bluff bordered by gates and a ravine in the northeast corner of Lake Forest, the three-story, 16-room manor has been "beautifully restored, renovated and meticulously maintained," according to its listing and video.

The first floor's spacious floorplan features historic finishes, classic moldings, wood paneling and chandeliers. It's got a gourmet kitchen with three ovens, two sinks, two stovetops, two dishwashers, a walk-in pantry, an island and a butler bar.

The basement has high beam ceilings, a large screen theater, a mahogany wet bar and kitchenette. Plus, there's another bedroom and bathroom, a wine cellar and access to the 10-car underground heated garage.

There's a security system with 11 exterior cameras with 230 interior zone with computer backup recording and six foot walls around the gated estate. There's also an in-law arrangement, a hot tub, finished attic, an elevator and five fireplaces, a mix of wood, gas log and gas starter.

On the second floor, there a master suite with a generous sitting room, two fireplaces, a walk-in closet, three balconies. There are three other bedrooms and bathrooms with two spare rooms on the floor. The balconies overlook the pool – flanked by woods on either side – and a brick paver patio. The exterior also features a blue stone terrace and an imported Italian brick driveway.

Follow either of two private access paths – one stone with a terrace along the way, the other made of wood and stone – down to a private beach to a private pier, one of the only two in all of Lake Forest, according to a listing video.

The home was originally build for the family of Donald McLennan, the insurance pioneer and co-founder of the firm Marsh & McLennon. It was purchased by the billionaire heir Bill Wrigley, Jr. for $9.9 million in 2003. Wrigley listed it for $16 million in 2009.

Two years later, public records indicate "Stornoway," as it was originally known, was purchased from Wrigley for $5.6 million by the founder and CEO of an employee benefits company, who also co-founded the Lake Forest Police Foundation, and his wife.

The home was publicly listed March 14 for $8 million. According to the Lake County Assessor, the property's estimated market value is $7.2 million.

The most expensive home purchased in Lake Forest since 2005 was sold last October for $6.4 million, when a hedge fund magnate, through a trust, purchased an eight-bedroom Onwentsia Road mansion built for the chairman of a retail inventory liquidation company.

The listing price is the second highest listing in Lake Forest after the Schweppes Mansion, which has been on the market since 2011. Also known as Mayflower Place, that property currently listed for $9.5 million. (In Lake Bluff, Richard Marx's David Adler-designed Georgian mansion, first listed in 2014 for $18 million, is now asking for $10.7 million.)

Video tour:

• Address: 1345 Lake Rd, Lake Forest, Illinois
• Price: $8 million
• Square Feet: 11,013 (above ground)
• Bedrooms: 7
• Bathrooms: 7 full, 4 half
• Built: 1912

This listing originally appeared on realtor.com. For more information and photos, click here.