Exclusive | Rare Frank Lloyd Wright home in Chicago asks $350K | Real Estate Market Insights

A foreclosed-upon masterpiece crafted by a celebrated American architect hit the Chicago real estate market this week.

The J. J. Walser Jr. House, designed by Frank Lloyd Wright in 1903, is on sale for just $350,000.

The catch? It’s a full wreck.

The home’s iconic Prairie-style design has been caught a state of disrepair and neglect for a number of years. Serhii Chrucky / Esto

The Chicago home is one of just 5 surviving Wright designed in the Windy City, and it’s Wright’s only single-family design on the metropolis’s West Side. It’s also a coveted early instance of Wright’s revolutionary Prairie-style structure.

The six-bedroom home spans 3,235 sq. ft, according to the itemizing. Its distinctive design contains extensive eaves, customized built-in furnishings and Wright’s iconic artwork glass home windows.

The metropolis landmark last offered in 1970 to Anne and Hurley Teague. Hurley, a contractor, saved the home in tip-top form until his loss of life in 1997. The loss of life of Anne in 2019 left the century-old home deserted and susceptible to Chicago’s brutal winters.

The J. J. Walser House, pictured two years after the loss of life of its proprietor, Anne Hurley. Google Maps

By 2024, overgrown timber lined the home’s quickly deteriorating facade. Google Maps

It entered into foreclosures in 2023, and inched in the direction of collapse in the meantime, falling sufferer to water injury (Wright’s designs have a notorious leaking problem), vandalism and decay.

The neglect received so dire that the home was positioned on Preservation Chicago’s annual list of the city’s most endangered architectural treasures in 2025. Local and architectural nonprofits used their own funds — and pro-bono contractors — to board up Walser’s doorways and home windows, and clear up the overgrown yard.

The foreclosing lender, PHH Mortgage, was compelled by the court docket to undertake pressing repairs to the stabilize the home, which consisted of protecting it with tarps to halt water injury.

Preservationists boarded up the artwork glass home windows — a fixture of many Wright properties. Serhii Chrucky / Esto

The home’s light-colored stucco and darkish wooden trim have seen better days. Serhii Chrucky / Esto

The home emerged from foreclosures in December. The possession formally transferred from PHH Mortgage to Fannie Mae in early January.

Wright, arguably America’s most revered architect, pioneered uniquely American architectural kinds throughout the early twentieth century. His designs had been strikingly fashionable for his or her time, yet timeless of their craftmanship. Despite Wright’s standing as a starchitect, many of his properties had been sculpted for on a regular basis Americans for comparatively inexpensive costs.

The next steward of the landmarked property has their work cut out for them. Serhii Chrucky / Esto

The Walser home was commissioned by printing government Joseph Jacob Walser for the modest equal of $150,000 today. The home exemplifies Wright’s early Prairie fashion, characterised by strong horizontal strains, low-pitched roofs with deep overhands and earthy supplies.

It was added to the National Register of Historic Places in 2013.

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