Richard Parrillo House: Inside His $65 Million Lincoln Park Mansion

Richard Parrillo House at 1932 N. Burling Street is one of Chicago’s most iconic luxury homes. Built in 2010, the 25,000-square-foot French-inspired estate spans eight city lots and features six bedrooms and eleven bathrooms.

Designed by architect Thomas Beeby, the residence is celebrated for its timeless architecture, elegant craftsmanship, and exceptional scale. While many readers compare ultra-luxury estates to the Jeff Bezos House, the Richard Parrillo House stands out for its rare combination of classical French design, prime Lincoln Park location, and extraordinary urban footprint.

Richard Parrillo House Location

Full Address : 1932 N. Burling St, Chicago, IL 60614.

Richard Parrillo House sat on North Burling Street in Lincoln Park, one of Chicago’s most expensive neighborhoods. The lot was once home to the Chicago Nursery & Half-Orphan Asylum before the Parrillos bought it in 2005 and built new.

Much like the James Goldstein House, which became famous for its distinctive architecture and celebrity appeal, the Richard Parrillo House is recognized for its prestigious location and remarkable presence within the city.

Richard Parrillo House Tour

As Stefano Schiavon from RivonHome, I visited this remarkable North Burling Richard Parrillo House with a friend who works in luxury real estate photography. Even before we reached the entrance, she told me the home’s grand staircase was unforgettable.

Walking through the elegant iron gates, across the French gravel and past the reflecting pool, I was struck by the peaceful atmosphere. The estate felt less like a city mansion and more like a private European retreat hidden in the heart of Chicago.

Inside Richard Parrillo House: Interior and Other Features

Step past the entry at Richard Parrillo House, and every room tells its own story — gold staircases, imported marble, wine cellars, and quiet, guarded gardens.

Grand Entrance

The 25-by-25-foot entry foyer features marble imported from the French Pyrenees and leads into a dramatic rotunda with a bronze and 22-karat gold repoussé staircase. Italian plaster ceilings and 18th-century light fixtures complete the timeless design. Like the Jamie Dimon House in Bedford, NY, this residence showcases exceptional craftsmanship and enduring architectural elegance.

Bedrooms

The home holds six bedrooms in total. Two guest suites sit on the main level, both overlooking the gardens. Details on the third-floor bedrooms, including the primary suite, were kept private by the listing agent, who declined to release photos of that floor, citing privacy for the family.

Bathrooms

Listings put the bathroom count at eleven, a mix of full and half baths spread across three floors. Materials match the rest of the house: imported stone, gilded fixtures, and custom millwork. Even the smaller powder rooms carry the same 22-karat gold and platinum hardware used throughout the property.

Living Spaces

Living areas fill most of the 25,000-square-foot footprint. A formal sitting room and reception room sit near the entry, while a games room and media room handle casual nights in. Doors throughout open onto terraces that overlook the gardens, so indoor and outdoor space always feel connected.

While the Kylie Jenner House is known for its sleek, contemporary interiors, Richard Parrillo House offers a more timeless French-inspired approach to luxury living with expansive entertaining spaces and elegant craftsmanship.

Kitchen

The kitchen sits on the second level at Richard Parrillo House, next to formal and informal dining rooms. Reports describe it as well-equipped and built for entertaining, feeding straight into the living and dining spaces around it. A catering kitchen was also planned for the lower level, near the staff quarters.

Special or Unique Spaces

Downstairs, a vaulted basement holds a 5,000-bottle wine cellar modeled after the Great Stable of Versailles, with a tasting room and a genuine Louis XIII fireplace shipped in from France. A house manager’s office, a security room, and a home automation control center round out the lower level.

Security & Privacy

Security gates guard the driveway off North Burling, leading to a gated motor court and a three-car garage 🔒. Mature trees and dense landscaping shield the property from the street. A dedicated security room inside manages surveillance for the entire eight-lot estate.

How Much Is Richard Parrillo House Current Price?

Richard Parrillo House first listed for $50 million in 2016, the highest asking price in Chicago history at the time. Price cuts followed over the years, down to $23.5 million by mid-2024. It finally sold in August 2024 for $15.25 million, a record for the priciest single-family home sale in Chicago, though a steep loss against its $65 million build cost.

Additional Richard Parrillo Properties & Real Estate

Beyond Burling Street, the Parrillos have moved between a few notable addresses, trading one grand home for another.

Gold Coast Penthouse, Chicago

After selling Burling Street, the Parrillos bought a 6,800-square-foot penthouse at 1300 N. State Parkway for $6.5 million in July 2025. It spans the 39th and 40th floors of the historic Ambassador Hotel building, with five bedrooms, six bathrooms, and a 1,400-square-foot rooftop terrace.

Florida Residence

Reports from 2023 note the Parrillos had become full-time Florida residents, spending more time there than at the Chicago mansion in its later years. That shift was part of why the Lincoln Park estate went up for sale in the first place.

Where Does Richard Parrillo Sr Live Now?

Richard and Michaela Parrillo now split time between Florida and their new Gold Coast penthouse in Chicago. The move from a 25,000-square-foot mansion to a 6,800-square-foot condo marks a clear shift toward a simpler, lower-maintenance lifestyle in the city.

Richard Parrillo Jr.: Clearing Up the Name Confusion

To clarify, the prominent insurance executive Richard Parrillo Sr. is alive, while his son, Richard Parrillo Jr., passed away in May 2021. Public obituaries often lead to confusion between the two generations due to their identical names. However, the father remains active in business and real estate, while public records confirm the son’s death at age 55.

Richard Parrillo Net Worth: How Much Money Does He Have?

One 2021 estimate placed Parrillo’s net worth near $158 million, modest by the standards of his own Lincoln Park block. His income comes mainly from United Automobile Insurance Company, which he has led for decades. The Burling Street mansion sale, at a loss against its $65 million build cost, made headlines as a rare financial misstep for him.

Conclusion

Walking Burling Street, even just in story form, shows why Richard Parrillo House stuck in Chicago’s memory . French gravel, gold staircases, a wine cellar built like Versailles’s stables — it was never a modest build. Our clients keep asking for this same look: old-world materials, quiet luxury, and grounds built for privacy.

If that’s the style you want too, we can help you find or build something close to it.Home Tours like this are not just property; they show how a Shaun White House can truly reflect a life built on ambition and passion