Muneer Satter And Kristen Hertel Sell Winnetka Mansion For $31.25M With Jena Radnay As The Broker
419 Sheridan Road
$31,250,000
$2,249/SF
Building Size
13,894 SF
Asset Type
Single Family
Closing
Aug 29, 2025
AI
A 13,894-square-foot French Renaissance Revival mansion located at 419 Sheridan Road in Winnetka has been sold for $31,250,000, making it the priciest home resale in Chicago-area history. The property encompasses 2.3 acres of lakefront estate.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $31,250,000
- Square Footage: 13,894
- Price Per Square Foot: $2,249
- Seller: Muneer Satter & Kristen Hertel
- Broker: Jena Radnay - Christie's International Real Estate
- Date of Sale: 08/29/2025
The sale was facilitated by broker Jena Radnay, representing the sellers, Muneer Satter and Kristen Hertel. The buyer is recorded under a land trust, indicating the identity of the buyer remains undisclosed.
Players
Winnetka Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93