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973 Sheridan Road

Luke And Maggie Kelly Sell Lakefront Mansion In Winnetka For $12 Million With Jena Radnay's Representation
SOLDSingle Family

Luke And Maggie Kelly Sell Lakefront Mansion In Winnetka For $12 Million With Jena Radnay's Representation

973 Sheridan Road

$12,000,000

$1,243/SF

Building Size

9,653 SF

Asset Type

Single Family

Closing

Jun 17, 2025

AI

A newly built 9,653-square-foot lakefront mansion in Winnetka has been sold for $12 million, representing the Chicago area’s priciest residential sale of 2025. The property, located at 973 Sheridan Road, encompasses 1.75 acres and was initially listed for $16 million.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $12,000,000
  • Address: 973 Sheridan Road
  • Market: Winnetka
  • Square Footage: 9,653
  • Price Per Square Foot: $1,243
  • Seller: Luke & Maggie Kelly
  • Brokers: Cricket King, John Baylor & Jena Radnay of @properties Christie’s International Real Estate

The deal involved sellers Luke and Maggie Kelly, and the buyers were represented by Jena Radnay. This transaction was notably significant in the market, highlighting the real estate activity within the region.

Players

Jena Radnay

At Properties Commercial

Broker

$201.9M

vol

20 deals

Broker
@Properties Christie's International Real Estate
@Properties Christie's International Real EstateBrokerage

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

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93