The owner of a six-bedroom, 7,747-square-foot Swiss chalet-style mansion on a 0.85-acre lot in River Forest that contains its own outdoor train on May 7 knocked almost $1 million off its asking price and now is seeking $2.5 million.
Owner Alan Smiley, who has owned the home for more than 40 years, in 1998 installed the property's extensive, ridable "River Forest Express" railroad, which is 700 feet long and has 15-inch-wide tracks that cross over one concrete-and-steel bridge and one wooden trestle. In September, Smiley listed the mansion, which sits on a lot that contains a coach house, six waterfalls, a greenhouse and an in-ground pool, for $3.5 million. Smiley then cut his asking price by $5,000 in February.
The house now is the fourth highest-priced listing in River Forest. The leader is a six-bedroom, 10,528-square-foot Colonial-style house on a 0.84-acre lot, which is available for $3.75 million.
Michael LaFido of Conlon Christie's is the listing agent.
Bob Goldsborough is a freelance reporter.