A lakefront mansion in Kenilworth is on the market with a hefty $14 million price tag.
The 11,000-square-foot home is one of the priciest public listings in the Chicago area. Only four public listings are priced higher, including Michael Jordan’s $14.8 million Highland Park mansion and the $15.1 million penthouse at One Bennett Park. Should the home sell at $14 million, it would appear to be a record for Kenilworth.
Inside of 501 Sheridan Road in Kenilworth, IL (Zillow)
The home includes two lots on Lake Michigan shoreline, one of which currently houses a sculpture garden. The home is being sold by a trust established by the late owners of the house, who were not identified by public records. Though it has Lake Michigan Shoreline, it lacks a beach. The property has a multi-tiered walkway with a lower deck above boulders that line the water’s edge.
Nancy Nugent, the Sotheby’s agent representing the estate selling the home, said the property was built in the 1960s and hasn’t been on the market since the 1970s. The home was shopped on the private market last October, but did not find a buyer at the time.
Inside of 501 Sheridan Road in Kenilworth, IL (Zillow)
Nugent said the five-bedroom, six-bathroom house is significant because it’s rare to find double lots on the lake in Kenilworth — a highly sought after suburb given its relative smaller size and appealing school district.
Inside of 501 Sheridan Road in Kenilworth, IL (Zillow)
“There’s some features of the town that have a very big draw for families coming to the north shore, both from the city and from other locations,” Nugent said.
The home also offers buyers a blank slate to add any amenities they want, such as a sports court, golf simulator or pool.
“Everyone wants their own private oasis,” she said. “Post-covid people like to have their own space, and that gives you the opportunity to do that.”
Kenilworth has few other properties that compare, with no other listings over $5.5 million. No homes in recent years have fetched that price in the suburb, with the highest sale last year topping out at $11.8 million.
Read more
Residential
Chicago
Lakefront mansion in Kenilworth is being shopped privately for record $14M
Residential
Chicago
North Shore lakefront mansion built by famed architect lists for $6.8M