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David And Susan Kalt Sell Glencoe Estate For $7.25M With Laura Rubin Dresner And Beth Wexler As Representatives

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SOLD
$7,250,000
Beth Wexler
Laura Rubin Dresner

Illinois

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Single Family8,775 SF
Sold 08/21/2024
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Property Image
SOLD

David And Susan Kalt Sell Glencoe Estate For $7.25M With Laura Rubin Dresner And Beth Wexler As Representatives

595 Longwood Avenue

See Similar Deals
Single Family8,775 SF
Sold 08/21/2024
Beth Wexler
Laura Rubin Dresner
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$826
Total Square Footage:8,775 SF
Transaction Type:Sale

The property at 595 Longwood Avenue is a single-family estate located in Glencoe, covering an area of 1.67 acres. This seven-bedroom residence, positioned on the Lake Michigan shoreline, was sold for $7,250,000. The property spans 8,775 square feet, resulting in a price per square foot of $826.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,250,000
  • Address: 595 Longwood Avenue
  • Market: Glencoe
  • Seller: David & Susan Kalt
  • Buyer's Representative: Beth Wexler - Christie's International Real Estate
  • Seller's Representative: Laura Rubin Dresner - Baird & Warner
  • Square Footage: 8,775
  • Price per Square Foot: $826
  • Acres: 1.67

This transaction reflects a significant reduction from the original asking price of $13.8 million in 2022, highlighting a trend in the luxury home market in the Chicago area where properties are selling more quickly.

Players

Beth Wexler
At Properties Commercial
Beth Wexler
3 deals$10M volume
BROKER
Laura Rubin Dresner
Baird & Warner
Laura Rubin Dresner
1 deal$7.3M volume(312) 217-4444
BROKER

Details

SOLD
IMAGE: Susan Kalt, David Kalt, Laura Rubin Dresner & Beth Wexler DATE: 08/21/2024 ADDRESS: 595 Longwood Avenue MARKET: Glencoe ASSET TYPE: Single Family ~ ACRES: 1.67 SELLER: David & Susan Kalt BUYER'S REP: Beth Wexler (@BethWexler) - @Properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SELLER'S REP: Laura Rubin Dresner (@LauraDresner) - Baird & Warner (@BairdWarner) SALE PRICE: $7,250,000 SF: 8,775 ~ PPSF: $826 NOTE: A seven-bedroom estate in Glencoe sold for $7.25 million, significantly discounted from its 2022 asking price of $13.8 million. The 8,775-square-foot property on Lake Michigan shoreline fetched $826 per square foot, reflecting a broader trend of luxury homes selling faster in the Chicago area.

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