Winnetka mansion hits market at just shy of $13M

It’s the Chicago area’s fourth-priciest home among active listings

@properties' Jena Radnay and 691 Sheridan Road (@properties, Google Maps, Getty)
@properties' Jena Radnay and 691 Sheridan Road (@properties, Google Maps, Getty)

A lakefront mansion in Winnetka hit the market at one of priciest asks among active listings in the Chicago area.

The 12,000-square-foot estate at 691 Sheridan Road on Lake Michigan’s shoreline is up for grabs, carrying an asking price of $12.9 million, the Chicago Tribune reported.

Jena Radnay of @properties is the listing agent, extending her streak of snagging high-profile assignments to move North Shore mansions. The sellers aren’t identified in public records, as they bought the property for $5.4 million through an opaque trust in 2016.

The price tag is currently the fourth-highest in the Chicago suburbs. A 6,170-square-foot Winnetka mansion priced just under $15 million holds the top spot, followed by NBA legend Michael Jordan’s 32,000-square-foot mansion in Highland Park asking $14.9 million after more than a decade on the market, and a 9,990-square-foot mansion in Lake Bluff that’s just shy of $13 million.

Despite low housing inventory — which has motivated some buyers to make bids far beyond initial asking prices — ultra high-end homes in Chicagoland often undergo at least one price chop before landing a buyer. A Gold Coast mansion originally listed at $10.2 million recently sold for a little less than two-thirds of that price, for example.

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Suburban spreads along the North Shore haven’t been immune to such downward adjustments, and that includes another of Radnay’s listings. In April, the seller of a Glencoe mansion Radnay was hired to market chopped $1 million from its ask after initially seeking $8 million.

The Winnetka mansion, built in 2005 and renovated in 2017, sits on roughly a little less than an acre. It has five bedrooms, seven-and-a-half bathrooms and a private deck outside the primary bedroom suite. Lavish features include a bridal staircase with wrought iron balusters, a dome ceiling in the dining room with an Aerin Collection fixture and a butler’s pantry with two wine refrigerators, the outlet said.

There’s also a theater, gym, recreation area, newly-built office and a heated six-car garage. On the exterior there’s a pool, hot tub, viewing patios and a staircase that leads to a 94-foot-wide beach.

— Quinn Donoghue 

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