Muneer Satter Sells Winnetka Mansion Under Contract At $35 Million With Jena Radnay's Representation
419 Sheridan Road
$35,000,000
$2,519/SF
Building Size
13,894 SF
Asset Type
Single Family
Closing
Feb 4, 2025
AI
The property involved in the transaction is a single-family mansion located at 419 Sheridan Road in Winnetka. This residence covers an area of 13,894 square feet and sits on a 2.3-acre lot. The listing price was set at $35 million, translating to a price per square foot of $2,519.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Address: 419 Sheridan Road
- Market: Winnetka
- Acres: 2.3
- Seller: Muneer Satter
- Broker: Jena Radnay - Christie’s International Real Estate
- Square Footage: 13,894
- Price per Square Foot: $2,519
Muneer Satter, a retired investment banker, is the seller who invested up to $72 million in assembling and enhancing the estate. Jena Radnay from Christie’s International Real Estate represents the transaction. The property features 223 feet of private beachfront, an infinity pool, and a boathouse. The listing is under contract and may set a new record for home resale in the Chicago area.
Winnetka Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93