Residential
Chicago
Illinois’ most-expensive listing is this Winnetka estate asking $35M
Trending
Another ultra-luxury listing hits North Shore market
Lakefront mansion in Winnetka asking $18 million
A photo illustration of @properties Christie’s International Real Estate’s Sharon Friedman along with 765 Sheridan Road in Winnetka (Getty, @properties Christie’s International Real Estate, LinkedIn)
Another ultra-luxury listing just hit Chicagoland: a North Shore estate asking $18 million.
The 15,800-square-foot home, at 765 Sheridan Road, is asking $1,140 per square foot, the Chicago Tribune reported.
The seven-bedroom mansion, owned by Morris Silverman, sits on 1.3 acres. Silverman acquired the lakefront property in 2003 for $5.78 million, or $366 per square foot. He then invested nearly two years creating a custom-designed home with sweeping views of Lake Michigan and a design that reflects European craftsmanship, said listing agent Sharon Friedman of @properties Christie’s International Real Estate.
“It’s very tasteful, and not overly ornate. It’s a very large house, and yet it is very warm and inviting. It’s a nice combination,” Friedman said.
Built in 2005 by Orren Pickell Builders and Sexton Homes, the mansion features six full bathrooms, two half bathrooms and five fireplaces. Amenities include a Ralph Lauren-inspired library, a Marc Chagall-inspired mosaic ceiling and Tiffany-designed glass doors and windows.
Amenities include three stone terraces, two decks, an outdoor kitchen, a pool and a fire pit, a theater room, a golf simulator and a spa. There are stairs and an electric tram leading to more than 100 feet of sandy beachfront.
Silverman’s estate had a property tax bill of $198,403 for the 2023 tax year.
The listing comes on the heels of a $35 million listing for another seven-bedroom mansion on Lake Michigan, owned by retired investment banker Muneer Satter.
Read more
Residential
Chicago
Billionaire Justin Ishbia begins demolition for epic Winnetka estate
Residential
Chicago
Christie’s exec, Burling Bank CEO list Winnetka home for $5.3M
Satter’s mansion set a record for the highest asking price in Winnetka, although it’s still less than the $77.7 million that billionaire Justin Ishbia has spent to build his lakefront estate in the same area.
The next-highest-priced home in Winnetka is a five-bedroom, 12,700-square-foot mansion located farther south on Sheridan Road. The home, originally listed with an asking price of $11.8 million, has been reduced to $10.7 million, or $843 per square foot.
— Andrew Terrell
Recommended For You