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

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.