A recently rehabbed, five-bedroom, 12,000-square-foot mansion on Lake Michigan in Winnetka sold for $12.5 million, making it the Chicago area’s highest-priced residential sale in 2023.
A recently rehabbed, five-bedroom, 12,000-square-foot mansion on Lake Michigan in Winnetka sold Friday for $12.5 million, making it the Chicago area’s highest-priced residential sale in 2023.
that a buyer whose identity is shielded behind an opaque Delaware limited liability company paid billionaire Ken Griffin in January for a full-floor penthouse on the 66th level of Chicago’s Park Tower.paid $16 million last year for a mansion that he subsequently demolished as part of an effort to create a large lakefront homesite at an estimated total project cost of $77.7 million.
Outside on the property are a pool, a hot tub, viewing patios, a staircase to a 94-foot-wide beach, a dog run area and a new gumball breakwater wall along an adjacent north pier that helps keep the beach more stable despite fluctuating lake levels. Through an opaque land trust, the sellers paid $5.35 million for the mansion in 2016. Radnay said the sellers sold because they are moving out of state.
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