Nicholas Chabraja, the former chairman and CEO of General Dynamics, sold his Lake Forest home for $4.8 million almost two years after they listed it for $6.5 million.
The sale marks the 24th in the Chicago area for at least $4 million so far in 2022, suggesting the market is poised to keep pace with the record set last year, when 1010 such homes sold, Crain’s reported.
Interiors of the property (Zillow)
Chabraja, and his wife Eleanor Chabraja, listed the 13,200-square-foot home in June 2020, as the unfolding pandemic cast a pall over housing markets worldwide. They pulled the listing and relisted it in February of 2021.
The five-bedroom, 10-bathroom mansion at 1230 West Summerfield Drive was built in 2010. It faces a pond and includes a pool. The Chabrajas were represented by Ann Lyon of @properties Christie’s International Real Estate. The buyers weren’t identified in public records.
Interiors of the property (Zillow)
Chabraja led General Dynamics, a Virginia-based aerospace and military contractor, from 1997 until mid-2009, according to Crain’s. He and his wife built the Lake Forest house in 2010.
[Crain’s] — Miranda Davis
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