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North Shore lakefront mansion built by famed architect lists for $6.8M
The home, designed by Empire State Building architect Paul Starrett, is being listed at a time when the North Shore luxury market is cooling
A North Shore home could be the priciest suburban resi sale so far this year if it trades for its listing price.
The five-bedroom lakefront home at 219 Sheridan Road in Kenilworth hit the market Monday at $6.8 million, according to Crain’s. If it fetches its asking price, it would be the priciest suburban sale of the year and the biggest residential deal in Kenilworth since 2014.
The mansion includes multiple terraces, a grand staircase and a 100 feet of private Lake Michigan shoreline. It was built in 1907 by Paul Starrett, who worked for famed architect Daniel Burnham and later constructed the Empire State Building in New York City, according to Crain’s.
Homeowners Mary and James Glerum bought the mansion in 2008 for $6 million. Mary Grant of @properties has the listing.
The Glerums might find it hard to get their asking price in a North Shore luxury market that has cooled considerably in the last year.
The popularity of Downtown luxury condo buildings has pulled buyers from the North Shore, where luxury inventory has ballooned in recent months. Even lakefront mansions have been hit by the phenomenon.
This year’s priciest suburban sale to date was a lakefront mansion in Glencoe that traded for $5.2 million after originally being listed at $5.5 million. [Crain’s] — Joe Ward