Lakeside Property

1907 Lakefront Mansion On Sheridan Street Listed For $6.75 Million

KENILWORTH, IL — A 112-year-old lakefront mansion within the Classical Revival fashion was listed Monday for $6.75 million by a regional banking chairman and his household. It enters the market because the fourth-most costly residential itemizing in Kenilworth. Have been it to promote for its asking worth, it might turn into the most costly suburban residence sale of the 12 months and the priciest within the village for greater than a decade.

The Sheridan Street residence was in-built 1907 by Paul Starrett, in keeping with itemizing agent Mary Grant. Starrett, a former Kenilworth resident and Lake Forest Academy graduate, started his profession working for influential Chicago architect Daniel Burham, together with on a landmark 1893 Kenilworth residence. He later went on to supervise the development of the Empire State Constructing, Plaza Lodge, the Flatiron and the unique Penn Station in New York Metropolis, in addition to the Lincoln Memorial in Washington, DC.

The three-story residence has 5 bedrooms and greater than 5,100 sq. toes of aboveground dwelling area on an almost half-acre lot, in keeping with property information. The house has a secret bookcase door, bay window seats and a sitting room opening onto an upstairs deck overlooking a manicured garden and terraced bluff, its itemizing stated. A path leads right down to a stretch of about 100 toes of personal lakefront, with a not too long ago designed boathouse.

Click on on any picture for extra images of 219 Sheridan Street

The 11-room home contains 4 fireplaces, a two-car connected storage, 5 full and one half lavatory, gourmand kitchen and a completed attic.

“The garden is ideal for a recreation of croquet or for a memorable celebration beneath a tent,” in keeping with the house’s itemizing.


The property has a 2018 estimated market worth for taxing functions of $three.9 million, in keeping with the Cook dinner County Assessor’s Workplace.

It was final bought by means of a belief in September 2008 for $6 million by Mary Glerum and her partner, James, in keeping with public information. In response to Bloomberg, James Glerum is the North America regional banking chairman for Citigroup, Inc.


In response to the Kenilworth Historic Society, Starrett constructed a number of different historic properties on the town, together with the 1893 Burnham-designed Root-Badger Home at 326 Essex St., which was added to the Nationwide Register of Historic Locations in 1992. That residence final bought for $three.23 million to a Bahamas-based LLC after its earlier proprietor was convicted of fraud. With an estimated market worth beneath $2 million and a list worth of $7.75 million, the house has remained unsold for the previous three years.

Solely two homes in the marketplace are listed for increased asking costs. Each of these — 513 Sheridan Street listed at $13.75 million and 233 Sheridan Street, listed for $9.275 million — are new constructions constructed by the Birov household of builders. The trendy residence at 513 Sheridan was bought final 12 months for $5.85 million, briefly listed for practically $9 million and later demolished.

No Kenilworth residence has bought for greater than $6 million since August 2014, and the report for the city was set in 2008, when a 2.2-acre property on Devonshire Lane modified fingers for $9.7 million, in keeping with Crain’s Chicago Enterprise, which first reported the itemizing, citing Midwest Actual Property Information.

To this point this 12 months, the most costly suburban residence sale was a blufftop Tony Grunsfeld design on Shoreline Courtroom in Glencoe, which bought in April for $5.15 million.


Itemizing info through For extra info and images, click on right here.

For Sale: $1,567,000
6 bd/5 full ba, 6,843 sqft

<div>1030 Illinois Rd</div>
<div>Wilmette, Illinois 60091</div>
<p>” data-original=””/><img     alt=

Show More

Related Articles