Lincoln Park mansion sells for record-breaking $11.9M

Custom-built home bests record set in August 2018

Chicago /
Dec.December 28, 2020 11:30 AM
1917 North Howe Street (Google Maps)

1917 North Howe Street (Google Maps)

A mansion in Lincoln Park sold for $11.9 million, setting the record for Chicago’s most expensive home sale since August 2018. It’s also the highest price paid for a single residential property in the city in 2020, Crain’s reported.

The asking price for the 12,000-square-foot, six-bedroom mansion on a double-lot at 1917 Howe Street was $14.5 million. It was built by BGD&C, a luxury home builder known for other mansions in the neighborhood, but the property was not publicly listed.

The sellers were William and Sandra Sterling, and the buyer has not yet been identified in public records, according to the publication. William Sterling is the managing partner of Sandia Point, a quantitative research and trading firm with offices in Chicago and New York.

Both the seller and buyer’s agents declined to comment on the transaction.

The $11.9 million sale price is Chicago’s highest since August 2018 when a buyer paid the same amount for a mansion on Burling Street, also in Lincoln Park. [Crain’s] — Akiko Matsuda


Related Articles

arrow_forward_ios
New home sale in Chicago’s Woodlawn tops local record
New home sale in Chicago’s Woodlawn tops local record
New home sale in Chicago’s Woodlawn tops local record
Richard Driehaus and Glanworth Gardens (Geneva Lakefront Realty, Getty)
Richard Driehaus’ Lake Geneva mansion sold for record $36M
Richard Driehaus’ Lake Geneva mansion sold for record $36M
These were Chicago’s top real estate stories of 2021
These were Chicago’s top real estate stories of 2021
These were Chicago’s top real estate stories of 2021
Chicago’s frenetic housing market shows few signs of slowing as 2022 starts
Chicago’s frenetic housing market shows few signs of slowing as 2022 starts
Chicago’s frenetic housing market shows few signs of slowing as 2022 starts
Rob Buono and 513 West Fullerton Parkway (Google Maps, chicagomag.com)
Eight lots on site of former Chicago nunnery to ask $21.5M
Eight lots on site of former Chicago nunnery to ask $21.5M
A rendering of 951 Charlela Lane in Elk Grove with Orion Residential's Daniel Gumbiner (Orion)
Suburban Chicago’s Elk Grove apartment sale adds to hot multifamily market
Suburban Chicago’s Elk Grove apartment sale adds to hot multifamily market
Chicago’s housing market frenzy seen continuing in 2022
Chicago’s housing market frenzy seen continuing in 2022
Chicago’s housing market frenzy seen continuing in 2022
Aerial view of 5659 S Woodlawn Ave (Zillow)
Hyde Park mansion sold for $4.2M in December, record price for Chicago homes south of Roosevelt Road
Hyde Park mansion sold for $4.2M in December, record price for Chicago homes south of Roosevelt Road
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...