By Peter Ricci
The other day, we looked at some of the top condo sales in Chicago real estate so far in 2012, and now, we’re back to analyze the single-family home side of the market.
In an analysis of home sales on the MLS, we took at look at what the highest-priced sales have been throughout the Chicagoland area, and though the locations of the sales were hardly surprising, each had its own unique traits.
7 Fox Hunt, Barrington Hills – $7.5 Million
This behemoth closed just a month ago on July 12, and it was sold at a steep discount – the original listing price was $12.5 million. Sitting on a 70-acre estate, the 30,000 square-foot home has eight rooms, eight baths, four half-baths and a six-car garage, not to mention a fish-stocked lake, pond with waterfall, and two golf holes, along with a putting green.
70 Harbor, Glencoe – $7.5 Million
A newly-built French provincial in Glencoe, this five-bed, six-bah property features a gated entry, private beach, remote control cabin and four security cameras. At $7.5 million, it sold for just $285,000 less than the original asking price.
1956 N Orchard, Chicago – $5.3 Million
Built in 2001, this seven-bed, 6.1-bath, 16-room property is 9,890 square feet, and comes with 12-foot ceilings, four fireplaces and a top floor rec room with a second kitchen. The $5.3 million sale price was a $699,000 price cut from the original asking price.
619 Sheridan, Winnetka – $4.9 Million
Of course – how is a list of top Chicago real estate possible without at least one mention of Sheridan Road? A four-bed, four-bath home, this property features a gazebo on the third floor with panoramic views of Lake Michigan. It’s $4.9 million sale price, though, was nearly a $2 million reduction from the original listing price.
1521 N State, Chicago – $4.725 Million
Originally built in 1910, this six-bed, five-bath home, with its 9,200 square feet of space, seems to have been sold more on its historical value than present living conditions. Though it has views of Lincoln Park and the Cardinals Mansion, it is, as the listing states, “in need of renovation.”