A single-family home located at 1438 North Dearborn Street in the Chicago market has been sold for $5,950,000. The property spans 7,600 square feet, resulting in a price per square foot of $783. This Gold Coast home was previously owned by Kristof Terryn and his wife, who acquired it in 2021 and completed a rebuild with assistance from Environs Development.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $5,950,000
• Address: 1438 North Dearborn Street
• Market: Chicago
• Square Footage: 7,600
• Price per Square Foot: $783
• Seller: Kimberly Terryn; Kristof Terryn - Zurich Insurance
• Buyer's Representative: Emily Smart LeMire - Compass
• Seller's Representative: Kevin Wood - @properties (AtProperties) Christie’s International Real Estate

The transaction reflects a 13% discount from the original asking price of $6.9 million. The identity of the buyer has not been disclosed, and the sellers were linked to Zurich Insurance due to Kristof Terryn's executive position within the company.