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Chicago

Former Walgreens executive sells Glencoe mansion for more than $8M

Alexander Gourlay and his wife entered into contract to sell the home only three days after listing it

Alexander Gourlay with 607 Longwood Avenue in Glencoe (RILA, VHT Studios)
Alexander Gourlay with 607 Longwood Avenue in Glencoe (RILA, VHT Studios)

Former Walgreens executive Alexander Gourlay sold his lakefront Glencoe mansion for almost $8.7 million in only three days. It was the eighth home to sell for more than $8 million in the Chicago area this year.

Gourlay, who joined Walgreens in 2013 after the merger with Alliance Boots, left his position as co-chief operating officer in May with plans to serve as a senior adviser to CEO Rosalind Brewer through the end of 2021, Crain’s reported.

607 Longwood Avenue in Glencoe (VHT Studios)

Gourlay and his wife spent $8 million for the home in December 2013, due to its location, only 7.5 miles away from the Deerfield headquarters of Walgreens Boots Alliance. The couple listed the home for sale on July 5 with an asking price just under $9 million and entered into contract to sell it on July 8. The sale closed Dec. 17.

The home is the highest-priced sale in Glencoe since a property on Wentworth Avenue sold for $9.7 million in July 2019. The eight $8 million-plus sales exceed 2020’s record, when there were seven. The buyers of Gourlay’s home haven’t been identified, but they were represented by Denis Vishnevskiy of United Realty Group.

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The French Provincial-style house sits on about three-quarters of an acre at 607 Longwood Avenue. The living room opens onto a bluestone terrace with a balustrade and outdoor fireplace. A short way down from the terrace is a private stretch of beach.

The property is outfitted with two kitchens and a wine room as well as an elevator that accesses all floors. It also has a top-floor office with slanted walls in the shape of a pyramid. Other features include four private balconies and an attached four-car garage.

While it has access to its own private stretch of beach, it is also located less than a block away from the village’s town beach and about four blocks away from the downtown area.

[Crain’s] — Victoria Pruitt

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GlencoeLuxury Home Sales