Luxury home builder lists his own Burr Ridge mansion for $4.8M

The Chicago suburban property is showcased on the builder’s site

Chicago /
May.May 06, 2022 03:57 PM
Dawn McKenna of Coldwell Banker Realty and 8737 Johnston Road in Burr Ridge (Coldwell Banker, Zillow)

Dawn McKenna of Coldwell Banker Realty and 8737 Johnston Road in Burr Ridge (Coldwell Banker, Zillow)

Luxury home developer Frank Hojjat is seeking $4.8 million for his mansion in the Chicago suburb of Burr Ridge. Hojjat’s firm, Cirrus Design Build, constructed the 14,000-square-foot home and features it on its website.

Hojjat is the founder and CEO of Cirrus, which builds luxury homes in the western suburbs of Burr Ridge, Oak Brook and Hinsdale. Dawn McKenna, an agent for Coldwell Banker Realty, is representing the sellers and didn’t respond to a request for comment.

8737 Johnston Road in Burr Ridge (Zillow)

8737 Johnston Road in Burr Ridge (Zillow)

The six-bedroom, eight-bathroom home was built in 2009. The mansion includes a two-story foyer, cherry-paneled library, butler’s pantry, chef’s kitchen with a two-tier center island for eight, according to the listing. Other perks include a gym, a sauna, a rec room with custom media center, cocktail lounge, home theater, and a 700-bottle Italian-style stone wine cellar.

The house appears to be an outlier in Burr Ridge, where it’s currently the only home listed above $4 million. In 2020, a Burr Ridge megamansion known as Villa Taj, that was once listed for $25 million, sold for $3 million. Built in 2008, that 30,214-square-foot mansion has seen its price steadily drop as it sat on the market for years.

8737 Johnston Road in Burr Ridge (Zillow)

8737 Johnston Road in Burr Ridge (Zillow)

In March, a home in Burr Ridge sold for $6.9 million, likely a record-setting real estate deal, as no public records show properties selling for more. That doesn’t account for private transactions.

Should the home sell this year, it would join at least 31 other Chicago-area sales at or above $4 million so far in 2022. The pace of luxury home sales would put 2022 ahead of 2021, when a record-setting 101 homes sold in the same price range.

Much of those sales come from the suburbs, where agents have been having another record year as families opt for more space post-pandemic.






    Related Articles

    arrow_forward_ios
    A photo illustration of Cook County (iStock)
    Cook County friendlier to homeownership than other markets
    Cook County friendlier to homeownership than other markets
    11 E Walton Street apartment 5800, 4002 and 3101 (Zillow, iStock)
    Three condos listed at Waldorf Astoria in Gold Coast
    Three condos listed at Waldorf Astoria in Gold Coast
    Compass' Robert Reffkin, @Proerties' Mike Golden and Berkshire Hathaway's Diane Glass (iStock, Getty Images, @Properties. Berkshire Hathaway)
    @properties, Berkshire brace for cooling market
    @properties, Berkshire brace for cooling market
    801 South Financial Place (Alta Rosevelt. iStock)
    South Loop apartment tower trades in largest downtown apartment sale of 2022
    South Loop apartment tower trades in largest downtown apartment sale of 2022
    Fritz Kaegi (iStock)
    Chicago Assessor Kaegi wins primary, fending off trade union challenge
    Chicago Assessor Kaegi wins primary, fending off trade union challenge
    977 Forest Avenue, Glencoe, IL (AtProperties)
    Six-bedroom mansion may become Glencoe’s second-priciest listing
    Six-bedroom mansion may become Glencoe’s second-priciest listing
    1134 Taylorsport Lane (Redfin, JS Eckert)
    Life’s a beach at these five Chicago-area lakeside homes
    Life’s a beach at these five Chicago-area lakeside homes
    1919 N Dayton St, Chicago (Zillow)
    Lincoln Park mansion sale underscores strength of Chicago luxury market
    Lincoln Park mansion sale underscores strength of Chicago luxury market
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...