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Chicago

$6M Glencoe mansion goes under contract after four days on market

Second luxury listing in Glencoe in as many weeks

@properties' Jena Radnay with 333 Surfside Place (LinkedIn, Zillow)
@properties' Jena Radnay with 333 Surfside Place (LinkedIn, Zillow)

A $6 million Glencoe mansion is the latest luxury home to come under contract and is bucking recent trends with how quickly it found a buyer.

The 5,400-square-foot home on Surfside Place has been marked as contingent on public listing sites only four days after it first appeared, meaning the sellers have found a buyer and the sale has not been processed yet.

Built in 1965 on one acre, the seven-bedroom, nine bathroom home was designed in the French Beaux Arts style, according to the listing. It includes a pool and a private beach on Lake Michigan. The home is listed at $6 million, but it won’t be clear if the sellers took a price cut until the deal closes.

Jena Radnay, an agent with @properties Christie’s International Real Estate is representing the sellers, who are not identified in public records. She did not respond to a request for comment. Radnay is also the listing agent for the $8 million listing directly next door. The five-bedroom, seven-bathroom modernist home, which has 130 feet of frontage on Lake Michigan, last sold for $5.1 million in 2019.

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Radnay said in the listing that both properties are available to purchase so a buyer could “combine both lots to make one grand private lakefront two-acre estate.”

The home next door is still listed as active on public listing sites, meaning the two will likely have different buyers.

The properties join several other ultra high end listings in Glencoe, as the priciest segment of Chicagoland’s housing market is proving most resilient to the broader real estate downturn. Across Chicago and its suburbs, the luxury market continues to have plenty of deals, though many sellers had to take price cuts.

The neighboring mansions aren’t the only high-priced properties in the village–and certainly not the most expensive. Glencoe’s priciest homes on the market, at 505 and 595 Longwood Avenue, were both listed through a private network for $14 million each earlier this year, and the property at 595 Longwood has since been publicly marketed.

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GlencoeHousing MarketLuxury Real EstateNorth Shore