- Associated Press - Friday, April 4, 2014

CHAMPAIGN, Ill. (AP) - A massive central Illinois mansion is drawing a big asking price.

The five-bedroom home and its guest house that are for sale just outside the small town of Mahomet sits on 217 acres.

The listing price is almost $10 million.

Merle Giles is the broker and tells The News-Gazette (https://bit.ly/Of98yE ) the current $9.95 million price tag is down from the original $14.9 million asking price.

Giles says the owner is University of Illinois graduate and entrepreneur Bruce Artwick. Giles says the home is listed because Artwick built it “for wife he no longer has.”

He says the buyer will likely need a net worth of $100 million or more and be willing to foot the hefty $87,000 annual property tax bill.

Mahomet is about 10 miles west of Champaign.


Information from: The News-Gazette, https://www.news-gazette.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide