Hinsdale megamansion sale sets record

Deal for 17K sf property is priciest ever in village at $7.7M

(The Dawn McKenna Group)
(The Dawn McKenna Group)

 

The suburban market hot streak is continuing in the new year.

A Hinsdale megamansion sold for $7.7 million — the priciest residential deal in the Chicago area in 2021 and highest ever on record in the village. The previous high was $5.5 million.

Last year, sales of suburban homes priced at over $1 million jumped 40 percent.

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The 17,600-square-foot Hinsdale mansion has five bedrooms, 10 fireplaces and 10 bathrooms, according to Crain’s, which first reported the deal. The sprawling property includes a theater, a wine-tasting room, and a pub in the basement.

The sellers were Mary and William Castellano, who built the mansion at 325 East 8th Street, according to the report. The couple paid $4.35 million for the property in 2007 on a lot encompassing about 1.7 acres.

Coldwell Banker’s Dawn McKenna represented the sellers and Beth Burtt of Baird & Warner brought the buyers.

[Crain’s] — Alexi Friedman