Chicago's Biggest Luxury Home Sales of March 2026

March’s top residential deals in Chicagoland were spread across the region’s luxury hotspots, from a Geneva Lake mansion to a record-setting Lakeview home, along with sales in the northern and western suburbs.

Seven homes sold for more than $5 million in March in Chicago and the surrounding areas, compared to four that sold in February and two that traded in January.

The month’s highest price went to a nearly 11,000-square-foot Fontana home that became the first lakefront home to sell on Geneva Lake this year. And in Lakeview, a 2015-built home shattered the record for its zip code, a display of the North Side’s red-hot demand spreading beyond luxury strongholds like Lincoln Park.

Here’s a breakdown of the month’s biggest deals.

Geneva Lake opens 2026 with $14M closing

Geneva Lake’s top price so far this year set expectations for what the rest of the spring and summer selling seasons might bring.

Sprout Social co-founder Aaron Rankin and his wife, Yeming, sold their 10,960-square-foot estate at 389 North Lakeshore Drive in Fontana, Wisconsin in an off-market transaction March 7 for $14.3 million, according to listing information. The Cape Cod-style home has seven bedrooms, 10 bathrooms and at least 100 feet of lake frontage. The sale came in slightly below the last asking price of $15 million.

Geneva Lakefront Realty agent David Curry represented both the buyer and the seller. The home was bought with a trust that obscures the buyer’s identity.

The popular luxury getaway for Chicago residents had a busy year in 2025 despite limited inventory. At least 13 lakefront homes sold on Geneva Lake last year, all for at least $7 million, according to listing services.

The $14.3 million price makes it the most expensive home to sell on Geneva Lake since a 5-acre Lake Geneva estate fetched $20 million in June 2025. The Fontana home’s value grew significantly amid price appreciation for Geneva Lake’s waterfront properties: the Rankins purchased the home for $7 million in 2019, and before that it traded for $5.1 million in 2015.

$6.5M Lakeview mansion shatters area record

March’s most notable Chicago deal came not on the lakefront but on a triple lot in the Lakeview neighborhood, where a custom mansion sold for $6.5 million — a record for the 60657 ZIP code by nearly $2 million, listing data shows.

The 8,800-square-foot house at 1515 West Wolfram Street sold March 16. Completed in 2015, the home features a 15-foot retractable glass wall that opens to a landscaped side yard. The home sold off-market through the local Multiple Listing Service’s Private Listing Network, which shows Chicago-area agents listings without making them available to the public through online portals.

Justin Lucas of @properties Christie’s International Real Estate represented seller Matthew Gray. Rubina Bokhari of Jameson Sotheby’s International Realty represented the buyer, whom Bokhari declined to identify.

Only one other Lakeview-area home has reached a comparable price. In 2022, an 11,000-square-foot mansion sold in the ZIP code directly north for $6.5 million, putting the two deals in a tie for the neighborhood record, according to listing data.

“Rockland” closes for $8M in Lake Forest

A recently built North Shore lakefront mansion sold March 21 for $8.3 million, making it the most expensive home sale in the Chicago metro area so far this year.

The 11,400-square-foot home at 347 Bluffs Edge Drive in Lake Forest was built in 2020 and sold by the estate of Tom Fuller, a former metal and plastics parts company owner and musician who died in 2024. To construct the house, Fuller brought J. Timothy Builders down from Lake Geneva, where the firm had previously built him a home. Fuller named the home Rockland. It has eight bedroom suites, white oak flooring and a three-story elevator. A cable car and staircase run down the bluff to a private beach house below.

Fuller bought the vacant lakefront parcel for $2.8 million in 2014 and received construction permits in 2017 and 2018 with a combined estimated cost of $5.6 million. The home had been on the market since August 2024, when it was asking $11.9 million. The $8.3 million close came in about 14 percent below the final ask and 30 percent off the original price.

The sale is the most expensive Lake Forest deal since October, when a Rosemary Road estate brought in $11 million, and the third North Shore home to sell for more than $5 million this year.

Ex-Portillo’s CEO garners $7 million for custom west suburban mansion

A Hinsdale mansion built for former Portillo’s chief executive Michael Osanloo sold in an off-market deal March 18 for $7.2 million, the highest price in the western suburbs so far this year. Osanloo departed Portillo’s in September after the chain missed sales and growth metrics.

The home at 719 South Park Avenue has six bedrooms and nine bathrooms. Osanloo bought the lot in 2018 for $2.2 million, tore down its original 1922 house and built the current red-brick, French-style home in 2021. Building permits show an estimated construction cost of $2 million; the Chicago Tribune reported the home at 12,478 square feet at the time.

Dawn McKenna and Lauren Walz of the Coldwell Banker Realty Dawn McKenna Group represented the seller. Steven Powers of Century 21 S.G.R. represented the buyer, whose identity is shielded in public records by a land trust.

The $7.2 million price ranks as the third-most expensive sale in Hinsdale history, trailing only a record $7.7 million mansion sale in 2021 and a $7.5 million off-market deal in 2022.

Glencoe spec build lands record

A newly built spec mansion in Glencoe sold March 2 for $7.3 million, the highest price ever paid for a standard non-lakefront residential sale in the North Shore village.

The 12,700-square-foot house at 219 Lincoln Drive was built by Lux Builders, led by Karl Smolov. The home, less than a mile from the beach, has six bedrooms and 11 bathrooms. The home featured custom finishes and materials that are unique for North Shore spec homes, listing agent Connie Dornan of @properties Christie’s International Real Estate said.

An LLC working with Lux Builders purchased the land for $1.3 million in 2020. The home first hit the market in 2024 asking $7.5 million, and had a final asking price of $7.9 million before going under contract in November.