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Chicago

Bucktown mansion in Chicago sells for record $3.73M

Biggest sale in Bucktown in 2021

1622 N Wolcott Avenue and Chicago Title Land Trust's John Wunderlich (Redfin, LinkedIn)
1622 N Wolcott Avenue and Chicago Title Land Trust's John Wunderlich (Redfin, LinkedIn)

A six-bedroom home in Chicago’s Bucktown neighborhood that went on the market in February for $3.975 million sold for $3.725 million, a 2021 record for the area.

Chicago Title Land Trust bought the six-bedroom, 4,542-square-foot house at 1622 North Wolcott Avenue, in a deal that closed on June 30, Cook County records show, The sellers were Elliot Weissbluth, founder and former CEO of Chicago-based HighTower Advisors, and his wife Jennifer Weissbluth.

Elliot Weissbluth (Facebook)

Elliot Weissbluth (Facebook)

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Neither buyer nor seller could be reached for comment.Elliot Weissbluth retired as chairman of HighTower last year and later joined the board of Canadian energy company Spartan Delta. The two-story house boasts a 1,500-bottle wine cellar and an outdoor kitchen.

The record price for a home near Bucktown came in 2015, when a new five-bedroom contemporary mansion sold for $4.819 million.

More than 12,000 Chicago homes sold in April, exceeding the area’s pre-pandemic April average. Luxury sales in the suburbs jumped 40 percent last year..

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BucktownLuxury Real Estate