The land was then purchased in 1951 by the Baháʼí Faith organization, whose North American continental temple is located across Sheridan Road.

In 1921, Benjamin Marshall unveiled his plans to construct a palatial mansion to house his personal residence, his studio, as well as a quarters for the Sheridan Shores Club membership organization.

[1] Construction on a final design of the forty-room pink-stucco Spanish Colonial Revival was started that year and was completed in 1924.

[3][5] The mansion's Spanish Colonial Revival exterior was somewhat simple, but the interior spaces and furnishings were immensely elaborate.

The mansion's interior featured hollow concrete columns which were polished in a manner to extremely convincingly mimic the appearance of marble.

[3][6] Wilmette building permit records show that, in the years between its initial competition and its demolition, a further $113,000 of construction would be invested in the structure.

The extravagance of the mansion has even led to retrospective comparisons being made between Marshall and Jay Gatsby, the titular character of the F. Scott Fitzgerald novel The Great Gatsby,[4] as well as Charles Foster Kane, the titular character of the film Citizen Kane (who, in the film, built an elaborate mansion named Xanadu).

[13] Notable guests that Marshall hosted at the mansion included noted actors such as Ethel Barrymore, Fay Bainter, Richard Bennett, Ina Claire, Raymond Hitchcock, Ed Wynn, playwrights such as Noël Coward, conductors such as Leopold Stokowski, artists such as Frank O. Salisbury, tavelers such as Burton Holmes, and sports celebrities such as Walter Hagen.

When he was furnishing the garden, Marshall commissioned a five-car train in order to transport to Wilmette the tropical plants for the greenhouse.

Underneath the stage was storage space for tables which could be rolled out in order to transform the architecture studio workspace into a banquet hall.

[8] Serving as a backdrop curtain to the stage was a tapestry which Louis XIV once presented to Madame de Pompadour.

Marshall made an offer to members of the headquarter-less organization that he would let them house their headquarters in the basement of the studio if they could convince the village to issue a permit.

[6] When Marshall sold the mansion to Nathan Goldblatt, the Sheridan Shores Club was evicted from their quarters.

[18] After the change in ownership, the Sheridan Shores Club was evicted from their headquarters in the lower floor of the Marshall Mansion.

[2][17] After selling his mansion, Marshall initially moved to a residence in Winnetka, Illinois,[6] but would ultimately live most of the remainder of his life at the Drake Hotel.

[2] While there had been a push in November 1948 for the town to purchase it for this purpose, this was decided against by the village government, which saw problems with the fact that the mansion was located along a stretch of Sheridan Road that they felt lacked safe pedestrian crossing, thereby impeding access to it.

Windows and doors were smashed open, which allowed for rain to damage expensive wood inlay floors.

[8] A permit to demolish the structure was issued in August 1949, and the remaining furnishings of the residence (such as ornamental metalwork, imported tiling, and wood paneling) were sold.