The house was built in 1886 by Cobb and Frost for socialite Ransom R. Cable.
McCormick III lived there with his family until 1926 when it was sold and became a funeral home.
The house is located in a part of the Near North Side neighborhood west of Michigan Avenue that was once dubbed "McCormicksville," due to the concentration of McCormick family members living there within a few blocks of each other.
His Richard H. Driehaus Museum is located across the intersection in the historic Edward J. Burling-designed Samuel M. Nickerson House at 40 E. Erie St.
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