The former home of one of Chicago’s most prominent tycoons is on the market.
The 11,000-square-foot Winnetka mansion that belonged to Andrew McKenna, the Chicago Bears’ part-owner and former McDonald’s chairman who passed away in February, is being listed at $5.75 million, the Chicago Tribune reported.
Jena Radnay of @properties Christie’s International Real Estate is marketing the 2.72-acre property at 60 Locust Road.
Built in 1931, the mansion was designed by architect Spencer Solon Beman and for George B. Everitt, the chairman of the Merchandise National Bank and the former president of Montgomery Ward & Co. McKenna and his wife Joan purchased the house for under $400,000 in 1976, the Wall Street Journal reported.
The average sale price for luxury homes in Winnetka has been around $3.5 million within the last five months. Lately, low inventory in the Chicago area have stirred up bidding wars, and homes are selling above ask. While overall sales activity is on the decline, asking prices have soared to new heights due to the limited number of available properties.
The McKenna estate has nine bedrooms, nine full bathrooms and two half bathrooms. Outside there’s a pool, one-bedroom guest apartment, tea house accessible by a bridge over a Koi pond, putting green and a tennis court.
Andrew McKenna also served as president of the Chicago Cubs and Chicago White Sox at different times, making him the only person to ever hold both positions. He helped keep the White Sox in Chicago in the mid 1970s when the team’s former owner wanted to move the team to Seattle.
—Quinn Donoghue
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