Burr Ridge mansion sells for small fraction of $22M asking price - FOX 32 News Chicago

Burr Ridge mansion sells for small fraction of $22M asking price

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CHICAGO (FOX 32 News) -

When is selling your home for $3 million dollars a bad thing? When it was originally listed for $25 million.

The Tribune says the Villa Taj, a 30,000-square foot mansion in Burr Ridge, has been sold to a bank trust for $22 million less than its original asking price.

The Taj was built by a dentist in 2009, but he eventually lost it to foreclosure.

The mansion was heavily damaged by a flood when some pipes burst in 2011.

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