ALTON, Ill. — An Alton, Illinois, trial attorney and his wife in June put up for sale the historic Olin Mansion, a 32-acre property that overlooks the Mississippi and Illinois rivers, for $8.45 million.
Their broker, Don Brown of Sotheby's, said John and Jayne Simmons years ago bought the property, sold it, then bought it back in 2010. At that time, they paid $2.5 million for 10 acres that include the 15,000-square-foot, seven-bedroom main house, at 12 Danforth Road in Alton. John is chairman of the Alton-based law firm Simmons Hanly Conroy LLC, and the couple, through their Alton Works firm, has been focused on revitalizing the town, including via a $21 million innovation center to house startups and later-stage companies.
Previous owners of the Olin Mansion were, separately, Heinz Peter and John Olin, an industrialist for whom the house was built in 1927.
Click here to read more of the story and see a slideshow of photos of the property from the St. Louis Business Journal.
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