The property involved in this transaction is a single-family home located at 1515 North State Parkway, Chicago. The residence is a restored mansion originally built in 1898, featuring a total square footage of 9,680. The sale price for the property was $6,750,000, which equates to a price per square foot of $697. This transaction marks the highest-priced single-family home sale in the neighborhood since 2022, with the property originally listed at $9.35 million before selling for 72% of its asking price after extensive restorations were undertaken by the sellers.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $6,750,000
• Address: 1515 North State Parkway
• Market: Chicago
• Square Footage: 9,680
• Price per Square Foot: $697
• Buyer: Virginia & Thomas Gohagan - Gohagan & Company
• Seller: Dawn & David Solomon
• Buyer's Representative: Thomas Morrisey - Cedar Realty Group
• Seller's Representative: Timothy Salm - Jameson Sotheby's International Realty

Thomas Gohagan, the founder of the high-end travel company Gohagan & Company, and his wife, Virginia, were the buyers of this property. They acquired the home after it had gone through significant renovations led by the sellers, Dawn and David Solomon, prior to the sale. This deal involved prominent real estate representatives; Timothy Salm represented the sellers through Jameson Sotheby's International Realty, while Thomas Morrisey represented the buyers via Cedar Realty Group.