Robert Cummings And Annette Bacola Sell Elburn Horse Farm For $5.75M With Compass Representatives

A 151-acre horse farm located at 197 Schneider Road in Elburn has been sold for $5,750,000. This sale represents the highest home sale ever recorded in Kane County. The property features a six-bedroom main house, a guest house, a pool, equestrian facilities, and a helicopter pad. The estate was initially listed in 2022 with an asking price of $7,400,000 and was ultimately sold at approximately 78% of the original listing price.

Summary of transaction details:

• Property Type: Farm
• Transaction Amount: $5,750,000
• Address: 197 Schneider Road
• Market: Elburn
• Seller: Annette Bacola; Robert Cummings - Wind Point Partners
• Buyer's Representative: Michael LaFido - Luxe Group
• Seller's Representatives: Wes Ingold & PK Johnson - Compass

The transaction highlighted the involvement of key individuals in the real estate industry, with sellers represented by Wes Ingold and PK Johnson from Compass, while the buyer was represented by Michael LaFido of Luxe Group. Their collective expertise facilitated this significant transaction within the local market.