Home News Lake Geneva mansion sells for $17 million

Lake Geneva mansion sells for $17 million

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$17 million sale $36 million Billionaires J. Christopher Reyes and Anne Reyes announced in January The late Richard Dryhaus. The two estates adjoin the northern shores of Lake Geneva.

With two sales exceeding $10 million so far this year, Lake Geneva, 80 miles northwest of downtown Chicago, is the largest of all Chicago suburbs except Winnetka, which had three sales in the stratospheric price range. Better than the city. In Chicago, there were five.

Wendy Murphy, a Dapril Property agent who represented both the buyer and seller in the transaction, approached the seller with a buyer’s offer after the property disappeared from the market, which they accepted. declined to comment. The purchaser has not yet been identified in public records.

The property includes a 12,400 square foot mansion built in 1906 and two smaller homes with a total of 13 bedrooms. Its lake frontage is about 503 feet.

The seller is McDonald’s, a Florida family with roots in Kenosha. Mike McDonald told Crains in 2021: his parents, Ralph and Sally McDonald; Since 1997 another family has owned the property in trust and used it primarily as a summer home.

“Bringing the kids to this house on Lake Geneva in the summer is absolutely fantastic,” Mike Macdonald said at the time. I loved coming.”

Financial adviser McDonald said that because his children are now adults living in the western United States and the rest of the family is getting older, he “can’t wait to see it in the hands of another family who can enjoy it.” Crain’s could not determine how much the family paid for the home in 1997.

The mansion was originally named Villa Hortensia after Hortense Swift built the mansion with her husband Edward. swift meatpacking empire Founded in Chicago in the 1870s by his father, Gustavus Swift.

Designed by renowned architect Howard Van Doren Shaw, the mansion is in Mediterranean Revival style. A red tile roof tops a white stucco exterior with three arched doorways opening onto a lakeside lawn.

Interior photos and descriptions have been removed from the listing, but before the home hits the market in 2021, a previous listing agent sent us photos of Crain’s interiors. See photo below.

This property is one of six homes in the Lake Geneva area recorded to have sold for over $10 million. 4 of them are in Snake Road, including the 2 mentioned above. Property owned by gum company family and Chicago Cubs chief Philip K. Wrigley from the 1920s to 1980s, 2018 It sold for $11.25 million. Another, with few details available, sold for just over $10.6 million around the same time.

In 2016 and 2017, a Los Angeles woman with roots in Illinois and Wisconsin spent $13.5 million Purchased 6 of Stone Manor’s 7 condominiums, A magnificent old mansion just outside downtown on Lake Geneva.

April 2021 13 Bedroom Mansion on 3.5 Acres South Shore of Lake It sold for $12.75 million.

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